SEBI devices Riskometer instead of colour codes for MF investments

Q.  The Securities and Exchange Board of India has replaced the mandatory colour codes with a _____ that will help investors to understand better the risks involved in mutual fund investments.
- Published on 13 May 15

a. Riskometer
b. Profit Margin
c. Schemes Structure
d. Marginometer

ANSWER: Riskometer
 
SEBI has said that the existing colour codes would be replaced by pictorial meter named "riskometer" and this meter would appropriately depict the level of risk in any specific scheme. SEBI has increased the risk category from three to five levels namely low, moderately low, moderate, moderately high and high.

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