Format for Half Yearly Disclosure of Unaudited Financial Results
Summary
This circular mandates the revised format for mutual funds to publish unaudited half-yearly financial results in newspapers and on websites. It establishes a new deadline of one month from the close of each half-year for publication, replacing the previous two-month period. The document includes Annexure I detailing the specific line items required for the new disclosure format.
Text
all mutual funds are required to publish their unaudited financial results as specified in Twelfth Schedule before the expiry of two months from the close of each half year i.e. on 31 March and on 30 September, in one English daily newspaper circulating in the whole of India and in a newspaper published in the language of the region where the Head Office of the mutual fund is situated.
The publication of the unaudited half-yearly results in future shall be made in the format given in Annexure I and shall be printed in at least 7 point with proper spacing for easy readability.
thereafter the half-yearly results must be published before the expiry of one month from the close of each half year.
Copies of the advertisements carrying the results must be filed with SEBI within 7 days from the date of publication.
These results shall also be put on their websites by the mutual funds.
The mutual funds shall make arrangement to display the half-yearly results in the old format as given in the Annexure II on their websites before the expiry of two months from the close of each half-year.
The format requires disclosure of Unit Capital, Reserves & Surplus, Total Net Assets, NAV, Income components (Dividend, Interest, Profit/Loss), Expenses (Management Fees, Trustee Fees), Returns, and various notes regarding investments and borrowings.
Source: SecMarx — Format for Half Yearly Disclosure of Unaudited Financial Results. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.