In a bid to improve the standard of disclosures as an investor friendly measure, AMFI, vide its Best Practices Guidelines Circular No. 88 / 2020 -21, has directed all its members to make certain disclosures in its monthly factsheets as a best practice and the same needs to be adopted uniformly. Among the list of disclosures, AMCs need to disclose Macaulay Duration, Modified Duration, Average Maturity and Yield to Maturity separately in their factsheets. The members are required to adopt the above Best Practice guidelines effective from Aug 1, 2020.