LIC Mutual Fund Asset Management announces change in Risk-o-meter of Short Term Fund
LIC Mutual Fund Asset Management (AMC) has announced Addendum to the Scheme Information Document (SID) And Key Information Memorandum (KIM) of Designated Scheme 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 LIC MF Short Term Fund (Erstwhile LIC MF Short Duration Fund) stands revised from ‘Moderate’ to ‘Low to Moderate’.
Accordingly, the SID and KIM of the abovementioned Scheme stands amended suitably to reflect the changes as stated above. 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 the other terms & conditions of the SID and KIM of the aforementioned Scheme remains unchanged.
