New NABARD Workshop - Last 4 year trend. March 5 at 5 PM. Register here

    Question

    What does the 'S' stand for in

    SID?
    A System Correct Answer Incorrect Answer
    B Scheme Correct Answer Incorrect Answer
    C Security Correct Answer Incorrect Answer
    D Service Correct Answer Incorrect Answer
    E State Correct Answer Incorrect Answer

    Solution

    Scheme Information Document is one of the many fund offer documents and has almost all the information about a mutual fund scheme; details like what are minimum subscription amounts, exit and entry loads, SIP details, fund managers and their experience, risk level, the objective of the scheme etc. While the format of a SID may differ from one fund house to another, the general layout of the content is the same. Here we will look at the different sections of SID.

    Practice Next

    Relevant for Exams: