According to SEBI, how often should the Scheme Information Document (SID) of each scheme be updated, including the scheme performance numbers?
A
Monthly
B
Quarterly
C
Half-yearly
D
Once every year
Correct Option:
D
Explanation
SEBI requires the Scheme Information Document (SID) to be updated at least once every year or whenever there is a material change. The updated SID includes the latest scheme-related information, including performance data and other prescribed disclosures.
