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"Mutual Fund investments are subject to market risks, read all scheme related documents carefully."
We've all heard this statement on TV and radio, and even read it in print. But there are some fun facts we don't know about it (1/n)
We've all heard this statement on TV and radio, and even read it in print. But there are some fun facts we don't know about it (1/n)
(2/n)
The statement has to be given AS-IS, while advertising anything related to Mutual Funds. It has to be exactly 14 words long, and nothing can be added or removed from this statement.
The statement has to be given AS-IS, while advertising anything related to Mutual Funds. It has to be exactly 14 words long, and nothing can be added or removed from this statement.
(3/n)
It has to be audible "in a clear and understandable manner" and/or in legible font, however applicable.
It has to be audible "in a clear and understandable manner" and/or in legible font, however applicable.
(n/n)
The statement should have 14 words and the audio/visual should run for at least 5 seconds.
All these are compliances mandated by SEBI to ensure that investors are aware of the risks.
#Investment #mutualfunds #money #financialawareness
The statement should have 14 words and the audio/visual should run for at least 5 seconds.
All these are compliances mandated by SEBI to ensure that investors are aware of the risks.
#Investment #mutualfunds #money #financialawareness
