What is key information memorandum?
Key Information Memorandum (KIM) means the Abridged Offer Document and prospectus of the mutual fund that is a part of the scheme’s application form.
What are the contents of Scheme information document?
Scheme Information Document 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.
What is key information memorandum in mutual fund?
This Key Information Memorandum (KIM) sets forth the information, which a prospective investor ought to know before investing. For further details of the Scheme/Mutual Fund, due diligence certificate by the AMC, Key Personnel, investors’ rights & services, risk factors, penalties & pending litigations etc.
What is a statement of additional information?
Conveys information about an open or closed-end fund that some investors find useful. Funds are not required to provide investors with the SAI, but they must provide it for free upon request. Also known as “Part B” of the fund’s registration statement.
What are the two parts of offer document?
This document comprises two parts – the Scheme Information Document (SID) and the Statement of Additional Information (SAI).
What is the full from of NAV?
NAV or Net Asset Value is the unit price of a mutual fund scheme. Mutual funds are bought or sold on the basis of NAV.
What is SAI and Sid?
There are 3 important documents: Key Information Memorandum (KIM), Scheme Information Document (SID) and Statement of Additional Information (SAI). These are prepared by the Asset Management Company (AMC) about a particular scheme, and submitted to the Securities and Exchange Board of India (SEBI) for approval.
What is Agni in mutual fund?
Definition. : Action for good Governance and Networking in India.
Is Sai part of Sid?
How often should the key information memorandum?
“11.1 (iv) KIM shall be updated at least once in half-year, within one month from the end of the respective half-year, based on the relevant data and information as at the end of September and March and shall be filed with SEBI forthwith through electronic mode only.”
How do you read a information scheme document?
Let’s look at sections of the SID which you should understand well before investing your money in a fund.
- 1/ Investment objective:
- 2/ Investment amount, fees, expenses and load structure:
- 3/ The risk associated:
- 4/ Investment strategy:
- 5/ Asset allocation:
- 6/ Performance history:
- 7/ Fund management team:
What is ETF NAV?
What is the Net Asset Value (NAV) of an ETF? The NAV of an ETF represents the value of all the securities held by the ETF – such as shares or bonds and cash minus any liabilities such as Total Expense Ratio (TER), and divided by the number of shares outstanding. NAV is most often expressed as the value per share.
What is a confidential information memorandum?
A Confidential Information Memorandum (CIM) is a document used in mergers and acquisitions to convey important information about a business that’s for sale including its operations, financial statements, management team, and other data to a prospective buyer. This guide will break down all…
What are the contents of an offering memorandum?
Contents of the Offering Memorandum An offering memorandum comprises key information on the company’s future growth strategy, upcoming opportunities in the market, strategy for achieving future projections, and details on competition in the marketplace.
What is an Information Memorandum and why is it important?
An Information Memorandum (IM) is a package of documents created by business owners for prospective buyers. The primary mandate of an Information Memorandum is to motivate potential investment into your business. Although this package is designed to draw the interest of prospective buyers, it dually serves the purpose of transparency.
What is the difference between a prospectus and offering memorandum?
A prospectus is similar to an offering memorandum, but the former is for publicly-traded issues while the latter is for private placements. Business growth requires an injection of capital that is obtained from investors.
