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2025-01-07 12:58:33 pm | Source: Accord Fintech
HDFC AMC announces change in the risk-o-meters of scheme and benchmarks of select schemes
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HDFC AMC announces change in the risk-o-meters of scheme and benchmarks of select schemes

HDFC Asset Management Company (AMC) has 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 HDFC Credit Risk Debt Fund (the scheme) of Mutual Fund has been revised from ‘High’ to ‘Moderately High’. The above Risk-o-meter is based on evaluation of risk level of respective Scheme’s portfolio as at December 31, 2024.

Further, the Benchmark Risk-o-meter of HDFC Short Term Debt Fund and HDFC Floating Rate Debt Fund (the schemes) i.e CRISIL Short Duration Debt A-II Index is revised from existing ‘Moderate’ to ‘Low to Moderate’.

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.

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