ICICI Pru AMC announces change in Risk-o-meter under various schemes

ICICI Prudential Asset Management Company (AMC) has announced Addendum to the Scheme Information Documents (SID) and Key Information Memorandum (KIM) of mentioned schemes of ICICI Prudential Mutual Fund.

In terms of paragraph 17.4.1.h. of SEBI Master Circular no. SEBI/HO/IMD/IMD-PoD-1/P/ CIR/2023/74 dated May 19, 2023, ICICI Prudential Mutual Fund has informed that the Risk-o-meters for the following Schemes of MF stands revised as follows: The Risk-o-meter of ICICI Prudential Liquid Fund & ICICI Prudential Equity Savings Fund is revised to ‘Moderate’, Risk-o-meter of ICICI Prudential Gilt Fund is revised to ‘Low to Moderate' and the revised Risk-o-meter of ICICI Prudential Income Optimizer Fund (FOF) is ‘Moderately High’. The Risk-o-meters are based on evaluation of risk level of the portfolios of the Schemes of the Fund as on November 30, 2023. 

All the other provisions of the SIDs and KIMs of the Schemes, except as specifically modified herein above remain unchanged. This Notice-cum-Addendum forms an integral part of the SIDs and KIMs of the Schemes, as amended from time to time.