Mutual fund disclosure timelines in India (2026)
The mutual fund disclosure timelines that apply to Indian schemes are scattered across chapters of the SEBI Master Circular for Mutual Funds, but they are also collected in one place: the service standards table at the back of the same document. This page reproduces the disclosure and reports section of that table so the deadlines can be read together, and flags the ones that are commonly misremembered. It is not investment advice.
Definition
Mutual fund disclosure timelines
are the deadlines SEBI sets for each mutual fund disclosure, from daily NAV publication by 11 pm to the scheme annual report before 31 July. They are listed together in the service standards table of the SEBI Master Circular for Mutual Funds. Source: SEBI Master Circular for Mutual Funds dated 20 March 2026.
The full disclosure and reports table
| Disclosure or activity | Deadline |
|---|---|
| Intimation of change in TER of schemes | 3 working days in advance of the TER effective date |
| Intimation of change in fundamental attributes (exit window) | 30 calendar days prior to the effective date |
| Intimation of merger of schemes | 30 calendar days prior to the effective date |
| Intimation of conversion of a close ended scheme to open ended | 30 calendar days prior to the effective date |
| Daily NAV, other than fund of funds schemes | Daily by 11 pm |
| Daily NAV of fund of funds schemes | T plus 1 by 10 am |
| Fortnightly portfolio of debt schemes | Within 5 calendar days |
| Monthly portfolio of schemes | Within 10 calendar days |
| Risk-o-meter | By the 10th calendar day of every month |
| TER of scheme | Every day |
| Annual report of schemes or abridged scheme wise annual report | Every year before 31 July |
| Annual report of the AMC | Within 4 months from the end of the financial year |
| Half yearly unaudited financials | Within 1 month from the end of the half year |
| Notice for IDCW declaration | Within one calendar day of the trustees' decision |
| Complaints redressal report | Within the 7th calendar day of the succeeding month |
| Assets under management | 7 days from the end of the month |
| Transactions in debt and money market securities | 15 days from each transaction day |
| Half yearly updated scheme information document | 2 months from the end of the half year |
| Half yearly updated key information memorandum | 2 months from the end of the half year |
| Statement of additional information | 3 months from the end of the financial year |
| Executive remuneration | 1 month from the end of the financial year |
Two notes travel with the table. Day refers to a working day unless otherwise specified, which is why the calendar day entries say so. And AMCs that fail to meet the stipulated timelines may be liable for action under the SEBI Act, 1992 or the regulations framed under it.
11 pm
Daily deadline for a mutual fund scheme other than a fund of funds to publish NAV
Source: SEBI Master Circular for Mutual Funds dated 20 March 2026
Which of these are most often misremembered?
The two portfolio deadlines are different lengths and both are calendar days. Monthly portfolio within 10 calendar days, fortnightly debt portfolio within 5 calendar days. The distinction, including the yield requirement that attaches only to the fortnightly file, is in monthly vs fortnightly portfolio disclosure.
TER has two separate clocks. The current TER of a scheme is disclosed every day, while a change to it requires 3 working days of advance notice. Those are different obligations that sit on adjacent lines. For what the ratio itself covers, see what is total expense ratio.
The risk-o-meter is monthly, by the 10th calendar day, which puts it on the same clock as the monthly portfolio file. See what is a riskometer.
The annual report deadline is a fixed date, not a period. Scheme annual reports are due before 31 July each year, while the AMC's own annual report runs on a 4 month window from the financial year end.
The one line that is easy to skip
Disclosure of transactions in debt and money market securities, 15 days from each transaction day. Behind that line sits a genuinely granular dataset: AMCs disclose all details of debt and money market securities transacted, including inter scheme transfers, on their website, forwarded to AMFI for consolidation and dissemination, settlement date wise on a daily basis with a time lag of 15 calendar days, in a comparable, downloadable and machine readable format.
That is transaction level data, not period end holdings, and it is the only place in the Indian mutual fund disclosure set where individual trades surface in a standard format.
What this table does not cover
It is the disclosure and reports section only. The same service standards page separately lists non financial transactions such as consolidated account statements, financial transactions such as redemption payouts, and complaint handling. Regulator facing filings sit outside it too, including the Monthly Cumulative Report described in what is the Monthly Cumulative Report.
For the disclosure that carries the actual holdings, see what is a monthly portfolio disclosure. Flock tracks these files as they publish and keeps the period each figure belongs to attached to it, so a deadline and an as on date never get confused for each other.
Frequently asked questions
When must a mutual fund publish its daily NAV?
Daily by 11 pm for schemes other than fund of funds. Fund of funds schemes disclose NAV on a T plus 1 basis by 10 am. Both are listed in the service standards table of the SEBI Master Circular for Mutual Funds. Source: SEBI Master Circular for Mutual Funds dated 20 March 2026.
When is a mutual fund annual report due?
The scheme annual report or abridged scheme wise annual report is disclosed every year before 31 July. The annual report of the AMC is disclosed within 4 months from the end of the financial year. Source: SEBI Master Circular for Mutual Funds dated 20 March 2026.
How much notice is required before a change in TER?
Three working days in advance of the effective date of the change. By contrast, a change in fundamental attributes, a merger of schemes, or conversion of a close ended scheme to open ended requires 30 calendar days prior notice. Source: SEBI Master Circular for Mutual Funds dated 20 March 2026.
Are these deadlines in working days or calendar days?
It varies by line, and the table says so explicitly for each. The general note states that day refers to a working day unless otherwise specified, so the entries that say calendar days mean calendar days. Source: SEBI Master Circular for Mutual Funds dated 20 March 2026.
Flock tracks these filings, sourced, dated, and linked back to the original. See what smart-money entities disclosed, without the guesswork about what it means.
Disclosures shown are public regulatory filings. Data may be delayed or incomplete. Smart-money entities may no longer hold positions shown. Not investment advice.