News From Press India, US mutual fund industry earns 'top' grade for disclosure: Report

India, US mutual fund industry earns 'top' grade for disclosure: Report

The mutual fund industry of India and the US received "top" grade for robust disclosure practices in areas such as fees and transparency of fund holdings

Business Standard Dec 21, 2020

The mutual fund industry of India and the US received "top" grade for robust disclosure practices in areas such as fees and transparency of fund holdings, according to a global study by Morningstar. However, India could work to improve the level of details provided by fund firms in discussions of performance and risk within fund literature, it added. According to Morningstar's biannual 'Global Investor Experience' report on disclosures, India and the US received "top" grades due to their robust disclosure practices.

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