LIC AMC announces change in risk-o-meter under various schemes
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LIC Mutual Fund Asset Management has announced that pursuant to Securities and Exchange Board of India (SEBI) circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, regarding Product Labeling in Mutual Fund Schemes – Risk-o-meter, the risk profiling of the following Schemes of LIC Mutual Fund stands modified. The Risk-o-meter as on October 31, 2022 for the LIC MF Government Securities Fund is Moderate, for the LIC MF Overnight Fund is Low, for the LIC MF Debt Hybrid Fund & for the LIC MF Balanced Advantage Fund is Moderately High and for the LIC MF Money Market Fund is Low. The Risk-o-meter is based on evaluation of risk level of Scheme’s portfolio as on 31st October 2022.
This notice cum addendum will form an integral part of SID and KIM of the Schemes of the Fund as amended from time to time. All other terms and conditions of the Schemes will remain unchanged.
