News From Press Risk-o-meters for some mutual fund schemes undergo change

Risk-o-meters for some mutual fund schemes undergo change

Source: Mint Jul 9, 2022

IDBI Mutual Fund, Canara Robeco Mutual Fund, and Axis Mutual fund have announced a revision in the Risk-o-meter for some of their schemes. In all the cases, the assessed risk level of the schemes has gone down from what it was earlier. This was done to reflect the change in the risk levels of these schemes subsequent to an evaluation.

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