03-08-2023 02:20 PM | Source: Accord Fintech
Mirae Asset AMC announces change in risk-o-meter of Fixed Maturity Plan - Series V -Plan 1
News By Tags | #2967 #7583 #392

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Mirae Asset Investment Managers (India) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of all Scheme(s) of Mirae Asset Mutual Fund as amended from time to time.

 

Mirae Asset Management Company (AMC) informed that in accordance with SEBI Circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, risk-o-meter of Fixed Maturity Plan - Series V -Plan 1 of Mirae Asset Mutual Fund stands revised from existing ‘Low to moderate’ to ‘Moderate’, based on the evaluation of risk levels as on February 28, 2023. Mirae Asset Corporate Bond Fund is Close Ended Income Scheme with Tenure 91 Days, A relatively Low Interest Rate Risk and Moderate Credit Risk.

 

All other terms and conditions of the scheme remain unchanged. This addendum forms an integral part of the Scheme Information Documents/ Key Information Memorandums of the Scheme(s) of the Fund as amended from time to time.