LIC Mutual Fund AMC announces change in Risk-o-meter of Technology Fund
LIC Mutual Fund Asset Management (AMC) 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 6.16 of SEBI Master Circular for Mutual Funds, regarding Product Labeling in Mutual Funds, LIC Mutual Fund has informed that the risk profiling of LIC MF Technology Fund (the scheme) has been revised from ‘Moderately High’ to ‘Very High’.
All other details of the Product Label and all other terms and conditions of the aforesaid Schemes remains unchanged. The change in Risk-o-meter is evaluated on a monthly basis and there is no change in Risk-o-meter of other Schemes of LIC Mutual Fund.
