LIC AMC announces Change in Risk-o-meter of designated schemes
LIC Mutual Fund Asset Management has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of Designated Scheme(s) of LIC Mutual Fund.
Pursuant to paragraph 17.4 of SEBI Master Circular for Mutual Funds dated June 27, 2024, regarding Product Labeling in Mutual Funds, LIC Mutual Fund has informed that the risk-o-meter of LIC MF Overnight Fund has been revised from ‘Low’ to ‘Low to Moderate’ and the risk-o-meter of LIC MF Low Duration Fund & LIC MF Money Market Fund has been revised from Moderate’ to ‘Low to Moderate’.
This Notice cum Addendum forms an integral part of the SID and KIM of the aforementioned Schemes of LIC Mutual Fund as amended from time to time. All other terms & conditions of the SID and KIM of the aforementioned Schemes remain unchanged.
