ICICI Prudential Asset Management Company (AMC) has announced changes in Scheme Information Documents (SID) and Key Information Memorandum (KIM) of the debt schemes (‘the Debt Schemes’) of ICICI Prudential Mutual Fund.
In terms of the SEBI circular no. SEBI/HO/IMD/IMD-II DOF3/P/CIR/2021/573 dated June 07, 2021 (the Circular), all debt schemes are required to be classified in terms of a Potential Risk Class (PRC) matrix consisting of parameters based on maximum interest rate risk (measured by Macaulay Duration (MD) of a scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of a scheme). Further, the type of the scheme is to be modified to represent the above classification and the position of a scheme in the matrix is to be provided in the attached manner.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
