SAI on WebNotes

How to read a Statement of Additional Information (SAI)

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

SAI is the AMC-wide disclosure document. Updated less frequently than SIDs. Useful for governance and operational understanding.

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.

External references

References

SEBI (Mutual Funds) Regulations, 1996.
SEBI Master Circular for Mutual Funds.
AMFI Best Practice Guidelines.

SID, KIM, SAI: mutual fund scheme documents

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

SID (Scheme Information Document), KIM (Key Information Memorandum), and SAI (Statement of Additional Information) are the three principal SEBI-mandated disclosure documents that every Indian mutual fund scheme must publish. Together they form the legal disclosure foundation for the scheme: SID is the comprehensive scheme-level document, KIM is the condensed summary, and SAI is the AMC-level common-information document referenced by all schemes from that AMC.

For Indian retail investors, these documents are rarely read in full but form the legal contract between investor and scheme. Material scheme changes require SID amendments via NFO addendum .

Statement of Additional Information for Indian mutual funds

Sat, 16 May 2026 00:00:00 +0000

The Statement of Additional Information (SAI) is the AMC-level statutory disclosure document that every Indian mutual fund house must maintain, file with the Securities and Exchange Board of India , and make publicly available, incorporating legal, organisational, governance, financial, accounting, and tax disclosures common to all schemes managed by the AMC. The SAI is the AMC-level counterpart to the Scheme Information Document (SID) (which is scheme-specific) and the Key Information Memorandum (KIM) (which is the point-of-sale summary), together forming the three-part disclosure framework introduced by SEBI Circular SEBI/IMD/CIR No. 9/120982/08 dated 14 January 2008. The SAI is mandated under Regulation 29 of the SEBI (Mutual Funds) Regulations, 1996 and is supplemented by the SEBI Master Circular on Mutual Funds, most recently reissued in May 2024.

SAI on WebNotes

How to read a Statement of Additional Information (SAI)

Step-by-step procedure

See also

External references

References

SID, KIM, SAI: mutual fund scheme documents

Statement of Additional Information for Indian mutual funds