Sebi asks AMCs to disclose details of risk, performance of schemes in promotional material
In a circular on Tuesday, Sebi clarified that AMCs shall disclose "risk-o-meter of the scheme wherever the performance of the scheme is disclosed and risk-o-meter of the scheme and benchmark wherever the performance of the scheme vis-a-vis that of the benchmark is disclosed" in all disclosures, including promotional material
Markets regulator Sebi on Tuesday directed asset management companies (AMCs) to disclose details of risk and performance of mutual fund schemes in all disclosures, including promotional material. Source: Source: PTI