What is the importance of the Scheme information Document and Statement of Additional Information to investors ?

The Scheme Information Document & Statement of Additional Information (or Statement of Additional Information) is the best source of information for a prospective or new investor.

Supplemental Information and Contents of the Scheme Information document -

Scheme Information Document shall include, inter alia:

1. Description of the Scheme.
2. Terms of issue
3. Investor's Rights and Services
4. Risk Factors, and other information pertinent to the Scheme.

Statement Of Additional Information shall contain the following information

1. Constitution of the Mutual Fund
2. Details about Directors / Key Personnel/ Service Providers
3. Historical Statistics
4. Accounting / Valuation standards
5. Tax implications