Mutual funds disclose stress test results monthly for small and mid-cap schemes, estimating days to liquidate the portfolio s stocks. The tests exclude 20% illiquid securities and assess client concentration risk, AUM share, standard deviation, Portfolio Beta, and crisis impact on NAV. These disclosures fail to accurately depict stress scenarios, as they do not consider the changes in the market value of the securities in such scenarios.
It is important to note that from April 1, bank statements or utility bills will not be considered as officially valid documents to complete the KYC process.
India Business News: Financial planners believe investors can set up systematic withdrawal plans (SWP) from their mutual fund scheme to get a monthly cash flow.
The balance units in the scheme keep growing in line with the markets. Many retired individuals and senior citizens use this money to get a regular income and meet monthly expenses.
The balance units in the scheme keep growing in line with the markets. Many retired individuals and senior citizens use this money to get a regular income and meet monthly expenses.