Stay updated with breaking news from Risko Meter. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In order to make mutual funds more transparent, SEBI has over the years mandated that asset management companies inform investors of important changes via email, if it affects their money. These could be a change of the fund's mandate to a change in its investment objective.
Synopsis The old risk meter had five risk levels which were based on the category of the mutual fund. The new risk meter is based on the actual portfolio of the scheme. Further, the new risk meter helps an investor to analyse the scheme on the basis of two things. Getty Images There’s a further caveat that is there in the risk meter system, which pertains to the meaning of the word risk itself. The new version of the official ‘risk-o-meter’ for mutual funds has started operating. The new risk levels have been announced and many investors are finding that the announced risk level of thei...