IGI Logo

HDFC Asset Management Company (AMC) announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of Schemes of HDFC Mutual Fund.

In compliance with clause 17.4.1.h of the Master Circular dated June 27, 2024, HDFC Mutual Fund has informed that the Risk-o-meter of following Schemes of HDFC Mutual Fund stand revised as follows: The Risk-o-meter of HDFC Floating Rate Debt Fund stand revised from ‘Moderate’ to ‘Low to Moderate’, Risk-o-meter of HDFC Liquid Fund stand revised from ‘Low to Moderate’ to ‘Moderate’, Risk-o-meter of HDFC Multi-Asset Fund stand revised from ‘High’ to ‘Very High’ and Risk-o-meter of HDFC Credit Risk Debt Fund stand revised from ‘Moderate to ‘Moderately High’. The above Risk-o-meters are based on evaluation of risk level of respective Scheme’s portfolios as at June 30, 2024.

Further, the Benchmark Risk-o-meter of HDFC Credit Risk Debt Fund (the scheme) as at June 30, 2024 stands revised to ‘Nifty Credit Risk Bond Index B-II’.

All other details of the Product Label and all other terms and conditions of the aforesaid Schemes remain unchanged. This addendum shall form an integral part of the SID / KIM of the aforesaid Schemes of the Fund as amended from time to time.