Question
What does the 'S' stand for in
SID?Solution
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. While the format of a SID may differ from one fund house to another, the general layout of the content is the same. Here we will look at the different sections of SID.
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