07-07-2023 04:06 PM | Source: Accord Fintech
HDFC AMC announces change in risk-o-meter under Money Market Fund & Nifty G-sec Dec 2026 Index Fund
News By Tags | #4757 #392 #322

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

HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of Schemes of HDFC Mutual Fund.

HDFC Mutual Fund has informed that in compliance with clause 17.4.1.h of the SEBI Master Circular for Mutual Funds dated May 19, 2023, the Risk-o-meters of the below Scheme of HDFC MF stand revised as follows: The Risk-o-meter of HDFC Money Market Fund stands revised from ‘Low to Moderate’ to ‘Moderate’ and for HDFC Nifty G-sec Dec 2026 Index Fund, it has been revised from ‘Moderate’ to ‘Low to Moderate’. The above Risk-o-meter is based on evaluation of risk level of respective Scheme’s portfolios as at June 30, 2023.

All other details of the Product Label and all other terms and conditions of the aforesaid Schemes remain unchanged. This addendum shall form an integral part of the SID / KIM of the aforesaid Schemes of the Fund as amended from time to time.