Sebi plans half-yearly disclosures for direct plan mutual fund schemes

The Securities and Exchange Board of India (Sebi) has proposed to make it mandatory for mutual fund houses to give separate disclosures for direct plan and regular plan schemes in their half-yearly financial results.

So far, the disclosures are only for regular plans. The reports include details like expenses, returns and yields of the schemes.

Currently, asset management companies (AMCs) only disclose this information for regular plans, but since direct plans have different expense ratios and returns, Sebi believes it's essential to provide them separately.

This increased transparency will help investors understand the impact of fees on their investments.