NISM-Series V-A: Mutual Fund Certification Exam Notes
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In practice, SID and SAI are two separate documents, though the legal technicality is that SAI is part of the SID.
SEBI does not approve or disapprove the Scheme Related Documents.
Scheme Related Documents in the market are 'vetted' by SEBI, and not approved by SEBI.
The Scheme Information Document (SID) contains information about the scheme that a prospective investor ought to know before investing
SID and SAI together are the primary source of information for any investor?existing as well as prospective investors
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