In November 2020, SEBI had issued a new circular on the creation of a new mutual fund category called flex-cap schemes. Schemes in this category can invest anywhere across large, mid, and small-cap stocks.
These are schemes that have categorized themselves from multi-cap to flexi-cap category.
Whenever such changes are made by an AMC, they always give an option to the investors to make an exit within a stipulated time frame without any exit load (capital gains/ loss apply, if any). This acts as an opportunity for some.
E.g. in above case, PPFAS Long Term Equity Fund had 2% exit load if redeemed before 1 year and 1% exit load if redeemed before 5 years. But one can redeem without paying exit load because of the changes in structure of fund. That’s an opportunity for someone wanting to quit.
Hence, if such incidents are being notified by Coin, it would be really helpful. Sort of how Nudge feature of Kite works. Because once the addendums are published on the website, they get lost, and people forget to act.
I remember you had mentioned you are working on a periodic newsletter to talk about important things. You may add this feature to it?