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10-11-2023 03:21 PM | Source: Accord Fintech
Baroda BNP Paribas AMC announces change in risk-o-meter of Money Market Fund

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Baroda BNP Paribas Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) for the Schemes of Baroda BNP Paribas Mutual Fund.

In terms of provisions of SEBI Master Circular no. SEBI/HO/IMD/IMD-PoD1/P/CIR/2023/74 dated May 19, 2023, Baroda BNP Paribas Mutual Fund has informed that the Risk-o-meter of Baroda BNP Paribas Money Market Fund (an open-ended debt scheme investing in money market instruments with Relatively Low Interest Rate Risk and Moderate Credit Risk) the scheme of the Fund stands revised from Existing ‘Low’ to ‘Low to Moderate’. 

The Notice cum addendum forms an integral part of the SID & KIM of the Schemes read with the addenda issued thereunder. All other terms and conditions as mentioned in the SID & KIM remain unchanged.