Product Labeling in Mutual Funds

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..... examine the system of Product Labeling that would provide investors an easy understanding of the kind of product/scheme they are investing in and its suitability to them. Based on the recommendations of the Committee, it has been decided that all the mutual funds shall Label their schemes on the parameters as mentioned under: a. Nature of scheme such as to create wealth or provide regular in .....

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..... Memorandum (KIM) and Scheme Information Documents (SIDs). b. Common application form along with the information about the scheme. The product label with respect to (a) (b) above shall be placed in proximity to the caption of the scheme and shall be prominently visible. c. Scheme advertisements placed in manner so as to be prominently visible to investors. 3. This circular shall .....

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