08-07-2023 03:49 PM | Source: Accord Fintechm
Invesco Asset Management (India) announces change in risk-o-meter of Credit Risk Fund
News By Tags | #7262 #392

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Invesco Mutual Fund has informed that the risk level of Invesco India Credit Risk Fund, an open-ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds). A relatively high interest rate risk and moderate credit risk (the scheme) stands revised from Existing ‘Moderately High’ to ‘Moderate’. The above change in Risk-o-meter is based on evaluation of risk level of Scheme’s portfolio as on July 31, 2023 and is applicable with immediate effect. 

Pursuant to above change, necessary change will be carried out at relevant places in Scheme Information Document (‘SID’) and Key Information Memorandum (‘KIM’) of the above-mentioned Scheme. All other terms & conditions of the SID and KIM of the above-mentioned Scheme will remain unchanged. This addendum forms an integral part of the SID / KIM of the above-mentioned Scheme as amended from time to time.