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2025-01-07 01:50:33 pm | Source: Accord Fintech
LIC AMC announces change in the risk-o-meter of short duration fund
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LIC AMC announces change in the risk-o-meter of short duration fund

LIC Mutual Fund Asset Management has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of LIC short duration fund.

LIC Mutual Fund has informed that the risk-o-meter of the Benchmark of LIC MF Short Duration Fund (the scheme) i.e. CRISIL Short Duration Debt A-II Index has been revised from ‘Moderate’ to ‘Low’ to Moderate’. The aforesaid change in the risk-o-meter is based on the evaluation of constituents of the Benchmark as on December 31, 2024.

This Notice cum Addendum forms an integral part of the SID and KIM of the aforementioned Scheme of LIC Mutual Fund as amended from time to time. All other terms & conditions of the SID and KIM of the aforementioned Scheme of LIC Mutual Fund remain unchanged.

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