Disclosure in India earns a 'top grade,' making it the only other country along with the United States to earn this grade, says Morningstar's fifth Global Fund Investor Experience (GFIE) study, a biennial report grading the experiences of mutual fund investors in 25 countries across North America, Europe, Asia, and Africa. Anothony Serhan, CFA, MD, Research Strategy, Asia-Pacific, Morningstar, released the report at the Morning Star Investment Conference, 2017.
According to the report, India's transparency of portfolio holdings remains the best of any market, with monthly disclosure required and those portfolios typically released after 10 days. It is now mandatory for asset managers to disclose fund manager compensation levels as well as manager investments in their funds.
