Monday, May 4, 2015

New Riskometer for MF Products



Now you will soon see a change in the old color coding system that depicted the risk profile of a financial product. The new system would be an 180-degree scale that would help investors to take better decision regarding a financial product based on their risk profile.
The new system would have an 180-degree scale with an arrow pointing to an angle which would depict the risk profile. Where an arrow at the left side would denote low-Risk schemes, moving towards the right would mean the risk to increase. The new system will have 5 categories of risk which was three in the previous system.

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