Mutual funds must disclose expenses, returns & risk levels for direct & regular plans. Color-coded risk-o-meter changes to be notified.

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Full Text of the Document

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....This circular mandates mutual funds to disclose expenses, half-yearly returns, and yield separately for direct and regular plans. It introduces a color scheme for the risk-o-meter depicting risk levels. Any change in the risk-o-meter must be communicated to unitholders by displaying the existing and revised risk-o-meters. The provisions aim to enhance transparency, ease investor comprehension, and standardize disclosures across the mutual fund industry.....