Investor Rights & Reporting Standards — Your Window into AIF and PMS Operations

Transparency defines trust. SEBI mandates robust disclosure so investors always know where their money is, what it earns, and what risks it faces.

For PMS Investors
Quarterly reports must include holdings, realized/unrealized gains, benchmark comparison, and portfolio turnover. An audited statement arrives annually.

For AIF Investors
Semi-annual reports detail NAV, portfolio valuation, leverage, and related-party exposures. Audited financials must be shared within six months of fiscal year-end.

Best Practice
Create a digital archive of all statements and reconcile against custodian records every quarter. Proactive tracking keeps both manager and investor aligned.

Key Takeaway: Transparency converts complexity into clarity; informed investors make calm decisions.
 

Disclaimer: Educational only.