Portfolio Disclosure on WebNotes

How to read mutual fund portfolio disclosure

Tue, 19 May 2026 00:00:00 +0000

MF portfolio disclosure reveals what the manager actually holds: the practice behind the marketing. Monthly snapshots help spot drift, concentration risk, and mandate adherence.

Conflict-of-interest disclosure. This guide is published by WebNotes Editorial Team for informational purposes. WebNotes has no commercial relationship with any AMC or platform. No affiliate commission is earned.

Step-by-step procedure

See the procedure infobox above for the six steps.

Half-yearly portfolio disclosure in mutual funds

Mon, 18 May 2026 00:00:00 +0000

Half-yearly portfolio disclosure is the SEBI-mandated audited portfolio publication by mutual fund schemes for the periods ending 31 March (financial year-end) and 30 September (half-year). The disclosure provides investor-facing auditor-verified portfolio data, distinguishing itself from monthly portfolio disclosure (which is AMC-internal-verified, not externally audited).

For Indian retail investors, half-yearly portfolio disclosures complement monthly portfolio disclosures by providing audited assurance on the holdings information.

SEBI framework

Half-yearly periods

The disclosure covers:

For the half-year ending 30 September: Published within 30 days of period-end.
For the financial year ending 31 March: Published within 30 days of period-end.

Audit requirement

The half-yearly disclosure is audited by the AMC’s statutory auditors:

Monthly portfolio disclosure in mutual funds

Mon, 18 May 2026 00:00:00 +0000

Monthly portfolio disclosure is the SEBI-mandated requirement that mutual fund schemes publish complete portfolio holdings on a monthly basis. The framework was strengthened over the years to provide retail investors with timely transparency on what mutual fund schemes are actually holding versus what the factsheet summarises (top 10 holdings only).

For Indian retail investors, monthly portfolio disclosures offer the deepest available scheme-level transparency at monthly cadence, enabling:

Verification that the scheme is consistent with its stated investment philosophy.
Comparison of portfolio overlap across funds (especially for diversification).
Detection of style drift (e.g., a “large cap” fund holding mid-caps).
Credit-quality monitoring for debt schemes.

SEBI framework

Monthly publication requirement

Per SEBI’s master circular on mutual funds, AMCs must publish:

AMFI scheme factsheet for mutual funds

Tue, 12 May 2026 00:00:00 +0000

An AMFI scheme factsheet (also called a fund factsheet or scheme information factsheet) is a standardised monthly disclosure document that each Asset Management Company (AMC) in India is required to publish for every actively managed mutual fund scheme it operates. The factsheet consolidates scheme-level data – investment objective, portfolio holdings, NAV history, performance versus benchmark, risk ratios, and fund manager biography – into a single document that investors, distributors, and analysts can use to evaluate and compare schemes. The format and minimum content requirements are prescribed by SEBI and operationalised through AMFI guidelines.

Half-yearly portfolio statement for mutual funds

Tue, 12 May 2026 00:00:00 +0000

The half-yearly portfolio statement for mutual funds is a regulatory disclosure published by AMCs twice a year – as of 31 March and 30 September – that contains the full investment portfolio of each scheme along with additional data fields that are not required in the monthly portfolio disclosure . SEBI mandates this disclosure under Regulation 59A of the SEBI (Mutual Funds) Regulations, 1996 and related circulars. The half-yearly statement is sent directly to investors by e-mail (or post, on request) and is also published on the AMC’s website and AMFI’s website.

Monthly portfolio disclosure for mutual funds in India

Tue, 12 May 2026 00:00:00 +0000

Monthly portfolio disclosure is the regulatory requirement under which every mutual fund AMC in India must publicly publish the complete portfolio of each scheme – listing every security held, its ISIN, quantity, market value, and percentage of net assets – as of the last working day of each calendar month. The disclosure is made on the AMC’s website and on AMFI’s website within ten working days after the end of the month. It is one of the primary transparency mechanisms prescribed by SEBI for the mutual fund industry.