MUTUAL FUNDS
ICICI Pru AMC announces change in risk-o-meter of various schemes
May-08-2025

ICICI Prudential Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of below mentioned Schemes of ICICI Prudential Mutual Fund.

ICICI Prudential Mutual Fund has informed that the Risk-o-meter of ICICI Prudential Multi-Asset Fund & ICICI Prudential Balanced Advantage Fund has been revised from ‘Very High’ to ‘High’, Risk-o-meter of ICICI Prudential Retirement Fund - Hybrid Conservative Plan has been revised from ‘Moderately High’ to ‘High’ and Risk-o-meter of ICICI Prudential Retirement Fund - Pure Debt Plan has been revised from ‘Moderate’ to ‘Moderately High’. The Risk-o-meters are based on evaluation of risk level of the portfolios of the Schemes of the Fund as on April 30, 2025. 

Further the Risk-o-meters of the benchmark (Nifty SDL Dec 2028 Index) of ICICI Prudential Nifty SDL Dec 2028 Index Fund has been revised from ‘Moderate’ to ‘Low to Moderate’.

Pursuant to Notice no. 003/04/2025 dated April 02, 2025, the benchmark of ICICI Prudential Income plus Arbitrage Active FOF has been revised from ‘NIFTY 50 TRI (35%) + CRISIL Composite Bond Index (65%)’ to ‘60% Nifty Composite Debt Index + 40% Nifty Arbitrage TRI’. The risk-o-meter of the revised benchmark as on April 30, 2025 is ‘Low to Moderate’.

The Risk-o-meters are based on evaluation of risk level of the portfolios of the Schemes of the Fund as on April 30, 2025.

All the other provisions of the SID and KIM of the Scheme, except as specifically modified herein above remain unchanged. This Notice-cum-Addendum forms an integral part of the SIDs and KIMs of the Schemes, as amended from time to time.


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