05-08-2023 03:56 PM | Source: Accord Fintech
PGIM India AMC announces Change in Risk-o-meter of Short Duration Fund
News By Tags | #392 #7090 #322

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PGIM India Asset Management (AMC) has addendum to the Scheme Information Document (SID) And Key Information Memorandum (KIM) of PGIM India Short Duration Fund (the scheme).

PGIM India Mutual Fund has informed that pursuant to SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, PGIM India Asset Management has evaluated the risk levels for the scheme of the Mutual Fund based on the scheme portfolios as on April 30, 2023. Accordingly, risk-o-meter of PGIM India Short Duration Fund has been revised as follow: The Risk-o-meter of PGIM India Short Duration Fund stands revised from Existing ‘Low to Moderate’ to ‘Moderate’.

This Notice cum Addendum forms an integral part of SID and KIM of the Scheme, as amended from time to time. All the other terms and conditions of SID and KIM of the Scheme except as specifically modified herein above remain unchanged.