Introduction of Benchmarks

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....s you are aware, all mutual funds are required to disclose the performance of their schemes during the last six months, 1 year, 3 years, 5 years and since the date of launch of the schemes while publishing their half-yearly results in the prescribed format. In order to give the investors objective analysis of the performance of the mutual funds schemes in comparison with the rise or fall in the ma....

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....urpose of introducing benchmarks is to indicate the performance of the markets to the investors, the mutual funds may give performance of more than one index if they so desire. Also, they have the option to give their management perception on the performance of their schemes. In accordance with SEBI circular dated July 27, 2000, the AMCs and trustees are required to review the performance of th....