The Indian mutual fund industry has expanded significantly, accompanied by rising financial literacy, investor awareness and assets under management. However, direct public participation in the stock market remains limited. As the regulator, the Securities and Exchange Board of India is responsible for protecting investors and addressing regulatory gaps. Asset management companies disclose scheme information documents. Factsheets are particularly important for making investment decisions and comparing mutual funds. This article identifies gaps in scheme- and AMC-level performance reporting and proposes greater........

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