MUTUAL FUNDS
HDFC Asset Management Company AMC announces change in risk-o-meters and benchmarks of schemes
Nov-07-2024

HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document(s) (SID) / Key Information Memorandum(s) (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 Schemes of HDFC Mutual Fund stand revised as follows: The Risk-o-meter of HDFC Balanced Advantage Fund has been revised from ‘High’ to ‘Very High’, HDFC FMP 1162D March 2022 has been revised from ‘Low to Moderate’ to ‘Low’, HDFC Gold Fund has been revised from ‘Very High’ to ‘High’, HDFC Money Market Fund has been revised from ‘Moderate’ to Low to Moderate’ and the Risk-o-meter of HDFC Short Term Debt Fund & HDFC Floating Rate Debt Fund stands revised from ‘Low to Moderate’ to ‘Moderate’. The above Risk-o-meters are based on evaluation of risk level of respective Scheme’s portfolios as at October 31, 2024. 

Further, the Benchmark Risk-o-meter of HDFC Short Term Debt Fund and HDFC Floating Rate Debt Fund (the schemes) as at October 31, 2024 stands revised to ‘CRISIL Short Duration Debt A-II Index’.

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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