Introduction of Benchmarks

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..... Dear Sirs, Sub : Introduction of Benchmarks As 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 perfo .....

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..... ees and any change at a later date shall be recorded and reasonably justified. As the purpose 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 accorda .....

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