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.
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