About Riskometer: Till now, the Riskometer depicted five risk areas – Low, Moderately Low, Moderate, Moderately High and High Risk. Going forward, there will be a new risk area for the MF schemes. SEBI, based on the recommendation of Mutual Fund Advisory Committee (MFAC), has reviewed the guidelines for product labeling in mutual funds and has decided to introduce, ‘Very High Risk’ as the sixth risk profile for the MF schemes w.e.f 5th October 2020.

About Cut- off time: SEBI has decided to restore the cut-off timing for buying and selling of mutual fund units to 3 pm, effective Monday, October 19. Earlier in April, SEBI had temporarily changed the cut-off timings for buying and redeeming of mutual fund units in view of the disruptions caused by the pandemic. Latest cut-off time is given below