Draft eXtensible Business Reporting Language Taxonomy for Mutual Funds

Press Release
Securities and Exchange Board of India
Feb 15, 2011
Press Releases
PR No.29/2011

Draft eXtensible Business Reporting Language Taxonomy for Mutual Funds

In a move to adopt emerging global standards in the area of financial reporting, SEBI is in the process of adopting eXtensible Business Reporting Language (XBRL) for financial reporting.

As a pilot project, SEBI is in the process of adopting XBRL Taxonomy for various data reporting by mutual funds.

The draft XBRL Taxonomy for mutual funds is placed on SEBI website (www.sebi.gov.in) for public comments and is available under the heading: “Reports for public comments”.

Comments / suggestions if any, may be sent by email to mfxbrl@sebi.gov.in or in physical form to the following address on or before March 10, 2011.

Deputy General Manager
Investment Management Department
Division of Funds II & III
Securities and Exchange Board of India
SEBI Bhavan
Plot No.C4-A, ‘G’ Block
Bandra Kurla Complex
Bandra (East)
Mumbai – 400 051



Mumbai
February 15, 2011