Frequently Asked Questions
What is SID?
Scheme Information Document (SID) is one of the many fund offer documents and has almost all the information about a mutual fund scheme; details like what are minimum subscription amounts, exit and entry loads, SIP details, fund managers and their experience, risk level, the objective of the scheme etc. SIDs are easily available on AMC websites or any investment platform you pick.
This document has all the detail of the scheme.
- Open ended or close ended or interval
- Balanced/ Equity/Income/Debt/Liquid/ETF
- Face value of the units, relevant NFO dates, Date of SID, Name of the Mutual Fund along with name and contact info of the AMC.
The particulars of the Scheme have been prepared in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations 1996, (herein after referred to as SEBI (MF) Regulations) as amended till date, and filed with SEBI, along with a Due Diligence Certificate from the AMC. The units being offered for public subscription have not been approved or recommended by SEBI nor has SEBI certified the accuracy or adequacy of the Scheme Information Document.
The Scheme Information Document sets forth concisely the information about the scheme that a prospective investor ought to know before investing. Before investing, investors should also ascertain about any further changes to this Scheme Information Document after the date of this Document from the Mutual Fund Investor Service Centres / Website / Distributors or Brokers.
The investors are advised to refer to the Statement of Additional Information (SAI) for details of ________ Mutual Fund, Tax and Legal issues and general information on www.__________. (website address). SAI is incorporated by reference (is legally a part of the Scheme Information Document). For a free copy of the current SAI, please contact your nearest Investor Service Centre or log on to our website.
The Scheme Information Document should be read in conjunction with the SAI and not in isolation.