Riskometer for Mutual Funds

From 1 July 2015 Mutual fund investors can check risk in Mutual fund through Riskometer instead of color coding. MF Riskometer is a risk level meter showing risks up to 5 levels, fund houses can apply it immediately. It will be easier for investors to understand.

Now AMC would enter every advertisement or notice in Riskometer. SEBI believes that color coding creates confusion and many different types of funds were came in same category which was not correct.