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Explore the key details of Taurus Ethical Fund, an open-ended equity scheme investing in S&P BSE 500 Shariah Index stocks for capital appreciation in 2023.
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What is key information memorandum?
A Key Information Memorandum (KIM) is a document that provides essential information about a financial product or service to help investors make informed decisions.
Who is required to file key information memorandum?
Typically, financial institutions, asset managers, or fund promoters are required to file a Key Information Memorandum.
How to fill out key information memorandum?
To fill out a KIM, one must gather necessary information such as product details, risk factors, fees, and performance reports, and then format this information as required by regulatory guidelines.
What is the purpose of key information memorandum?
The purpose of a KIM is to ensure that potential investors are provided with adequate and relevant information, allowing them to assess the risks and benefits of the investment.
What information must be reported on key information memorandum?
A KIM must report information such as the investment objective, risk profile, fees, performance history, and other relevant terms associated with the financial product.
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