05-05-2023 02:08 PM | Source: Accord Fintech
Mirae Asset AMC declares change in Riskometer of certain schemes
News By Tags | #7583 #392 #322

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Mirae Asset Assets Management Company (AMC) 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 (MAMF) as amended from time to time. 

Mirae Asset Investment Managers (India) has informed that in accordance with SEBI Circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, risk-o-meter of certain schemes of Mirae Asset Mutual Fund stands revised as under, based on the evaluation of risk levels as on April 30, 2023: Mirae Asset Cash Management Fund ‘s existing risk-o-meter ‘Low to moderate’ is revised to ‘Moderate’; Mirae Asset Nifty SDL June 2028 Index Fund‘s existing risk-o-meter ‘Low to moderate’ is revised to ‘Moderate’; Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund ‘s existing risk-o-meter ‘Moderately high’ is revised to ‘Moderate’; and Mirae Asset Nifty AAA PSU Bond + SDL Apr 26 50:50 Index Fund ‘s existing risk-o-meter ‘Moderate’ is revised to ‘ Low to Moderate’.

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.