Opinion | Returns from PMS, AIFs tell only half the story, thanks to poor disclosure3 min read . Updated: 02 Sep 2019, 10:55 PM IST
Standardized, comprehensive performance disclosures are a fundamental necessity
Asset management companies (AMCs) prominently display scheme returns. Scheme return advertisements, also known as performance disclosures, are often standardized through regulation. Many of the disclosures contain multiple pieces of information, but investors choose to focus on return numbers and then select investment schemes. Screening investment schemes based on just returns can lead to disappointment.
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