Union Mutual Fund has announced change in Risk-O-Meter under the following schemes, with immediate effect.
Change in Product Labeling – Risk-o-meter
| Name of the Scheme | Existing Risk-o-meter | Revised Risk-o-meter |
|---|---|---|
| Union Balanced Advantage Fund | Moderately High | Moderate |
Change in Risk-o-meter of the Benchmark
| Name of the Scheme | Name of Benchmark of the scheme | Existing Risk-o-meter | Revised Risk-o-meter |
|---|---|---|---|
| Union Money Market Fund | CRISIL Money Market Fund BI Index | Low to Moderate | Moderate |
| Union Medium Duration Fund | CRISIL Medium Duration Fund BIII Index | Moderate | Moderately High |
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