AMFI standardised factsheet

The AMFI standardised factsheet is the monthly per-scheme disclosure document mandated by SEBI and standardised by AMFI for cross-scheme comparison. All Indian mutual fund schemes publish factsheets in this standardised format, allowing investors to compare performance, portfolio composition, risk metrics, and operational details consistently across AMCs and scheme categories.

For Indian retail investors, the monthly factsheet is the single most-useful per-scheme disclosure document, providing more depth than the marketing brochure and more timely data than the annual report.

Factsheet components

A standardised factsheet typically includes:

Scheme overview

• Scheme name, category, type (open/close-ended), benchmark, inception date.
• Fund manager and tenure.
• AUM at month-end.
• Minimum investment, exit load, expense ratio (regular vs direct).

Investment objective and strategy

• One-paragraph statement of scheme’s investment philosophy.
• Asset allocation pattern per the SEBI categorisation.

Performance

• Trailing returns: 1-year, 3-year, 5-year, since inception (vs benchmark).
• Year-by-year returns for past 5 years.
• TRI benchmarking per SEBI 2018 rule .
• SIP performance metrics.

Portfolio composition

• Top 10 holdings.
• Sector / industry allocation (equity).
• Credit-quality buckets (debt) per credit quality buckets .
• Duration metrics (debt) per Macaulay/modified duration .

Risk metrics

• Standard deviation , Sharpe ratio , Sortino ratio , Beta , R-squared for equity schemes.
• YTM, duration for debt schemes.
• Risk-O-Meter level per AMFI Risk-O-Meter .

Operational details

• TER (regular + direct plans).
• Exit load schedule.
• Subscription/redemption thresholds.
• Cut-off times.

Publication framework

Monthly cadence

AMCs publish factsheets within 10 working days of month-end. Factsheets are dated as of month-end and reflect:

• AUM at month-end.
• Portfolio holdings at month-end (top 10 + sectoral).
• Performance trailing the month-end date.

Distribution channels

Factsheets are published on:

• AMC websites (dedicated section).
• AMFI website (aggregated).
• Major financial-data portals (Value Research, MoneyControl).
• Direct-plan platforms surface them through their interfaces.

SEBI standardisation

The factsheet template is mandated by SEBI to ensure cross-scheme comparison:

• Standard sections in standard order.
• Standard metrics computed by standard methodology.
• Standard disclaimers and risk warnings.

Use cases

• Scheme selection: Compare candidates within category.
• Periodic review: Track holdings and performance evolution.
• Risk assessment: Verify scheme matches investor’s risk tolerance.
• Tax planning: Verify holdings before redemption decisions.

See also

• Mutual funds in India
• AMFI
• SEBI October 2017 categorisation
• AMFI Risk-O-Meter
• Sharpe ratio
• Sortino ratio
• Beta mutual fund
• R-squared
• Std deviation MF
• Credit quality buckets
• Macaulay/modified duration
• YTM mutual fund
• TRI benchmarking
• TER regulation and slabs
• Total Expense Ratio (TER)
• Monthly portfolio disclosure
• Half-yearly portfolio disclosure
• Mutual fund annual report
• Scheme performance vs benchmark

External references

• AMFI India
• SEBI

References

1. AMFI factsheet template and Best Practice Guidelines.
2. SEBI Master Circular on Mutual Funds.
3. SEBI standardised disclosure circulars.