Ch.5 · NFO Process and Rules · medium
What is the 'Annual Report' disclosure requirement for mutual fund schemes?
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EXPLANATION
Every mutual fund scheme must publish an annual report containing audited financial statements within 4 months of the financial year-end (by July 31 each year). Unit holders receive an abridged summary by email/post and can request the full annual report. The annual report contains scheme financials, portfolio details, trustee report, and auditor's report.
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