Aditya Birla SL AMC announces change in risk-o-meter under Floating Rate Fund
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Aditya Birla Sun Life AMC has announced that pursuant to SEBI circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 5, 2020, the risk-o-meter of the Scheme, Aditya Birla Sun Life Floating Rate Fund (An open-ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps / derivatives). A relatively high interest rate risk and moderate credit risk) has been revised to ‘Low to Moderate’. The above risk-o-meter is based on evaluation of risk level of the monthly portfolio of the Scheme as at April 30, 2023.
All other details of the Product Labelling and all other features and terms & conditions of the SID and KIM of the Schemes will remain unchanged. This Notice-cum-Addendum forms an integral part of the SID and KIM issued for the Schemes read with the addenda issued thereunder.
.jpg)
