The policy initiatives in the current financial year are set out below. l A common format was prescribed for all mutual fund schemes to disclose their portfolios at half-yearly intervals. l Mutual Funds are required to disclose investment in various types of instruments and percentage of investment in each scrip to the total NAV, illiquid and non-performing assets, investment in derivatives and in ADRs/GDRs. l All Asset Management Companies are required to maintain records in support of each investment decision.
