05-10-2023 03:44 PM | Source: Accord Fintech
HDFC AMC announces change in risk-o-meter under various schemes
News By Tags | #4757 #392 #322

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

HDFC MF has informed that, in compliance with SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, the Risk-o-meters of the below Scheme of HDFC MF stand revised as under:  The Risk-o-meter of HDFC FMP 1359D September 2022, HDFC NIFTY SDL Oct 2026 Index Fund, HDFC Money Market Fund & HDFC Liquid Fund stands revised from ‘Moderate’ to ‘Low to Moderate’, HDFC Gold Fund the existing Risk-o-meter is ‘Very High’ while the revised Risk-o-meter will be ‘High’, HDFC Nifty G-Sec Jun 2036 Index Fund the existing Risk-o-meter is ‘High’ while the revised Risk-o-meter will be ‘Moderate’ and HDFC Nifty G-sec Jun 2027 Index Fund, HDFC Nifty G-Sec Sep 2032 Index Fund, HDFC Nifty G-Sec Apr 2029 Index Fund, HDFC Long Duration Debt Fund & HDFC Nifty G-Sec July 2031 Index Fund the existing Risk-o-meter is ‘Moderately High’ while the revised Risk-o-meter will be ‘Moderate’. The above Risk-o-meter is based on evaluation of risk level of Scheme’s portfolios as at April 30, 2023. 

All other details of the Product Label and all other terms and conditions of the aforesaid Scheme 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.