ICICI Prudential Mutual Fund Updates Risk-o-meters for Select Schemes

Strategic Insights -

ICICI Prudential Mutual Fund has announced changes to the Risk-o-meters of several of its schemes, citing the need for risk assessments based on the portfolios' performance as of May 31, 2025. The revisions include adjusting the Risk-o-meter of ICICI Prudential Multi-Asset Fund from 'High' to 'Very High', and making similar adjustments for other schemes such as the ICICI Prudential All Seasons Bond Fund. The updates are in accordance with the SEBI Master Circular no. SEBI/HO/IMD/IMD-PoD-1/P/ CIR/2024/90, dated June 27, 2024.

Key Takeaways:

  • The Risk-o-meter of ICICI Prudential Multi-Asset Fund has been revised from 'High' to 'Very High' based on its portfolio performance as of May 31, 2025.
  • The Risk-o-meter of ICICI Prudential All Seasons Bond Fund has been revised from 'Moderately High' to 'Moderate', reflecting changes in its risk level.
  • The Risk-o-meter of ICICI Prudential Retirement Fund - Hybrid Conservative Plan has been revised from 'High' to 'Moderately High', indicating an increase in risk.
  • The Risk-o-meters of the benchmark (CRISIL Hybrid 35+65 - Aggressive Index) for ICICI Prudential Equity & Debt Fund and ICICI Prudential Retirement Fund - Hybrid Aggressive Plan have been revised from 'Very High' to 'High'.
  • The Risk-o-meters of the benchmark (CRISIL Hybrid 50+50 - Moderate Index) for ICICI Prudential Balanced Advantage Fund and ICICI Prudential Asset Allocator Fund (FOF) have been revised from 'High' to 'Moderately High.
  • The Risk-o-meters for the schemes will be reviewed and adjusted as necessary to reflect changes in their risk levels.

Statistics:

  • The Risk-o-meter revisions were based on the portfolios' performance as of May 31, 2025.
  • ICICI Prudential Mutual Fund has revised the Risk-o-meters for 6 of its schemes.
  • The revised Risk-o-meters are 'Very High' for ICICI Prudential Multi-Asset Fund, 'Moderate' for ICICI Prudential All Seasons Bond Fund, and 'Moderately High' for ICICI Prudential Retirement Fund - Hybrid Conservative Plan.

Sources:

  • ICICI Prudential Mutual Fund, Notice-cum-Addendum to Scheme Information Document (SID) and Key Information Memorandum (KIM) of select schemes.
  • SEBI Master Circular no. SEBI/HO/IMD/IMD-PoD-1/P/ CIR/2024/90, dated June 27, 2024.