SEBI has introduced a ldquo very high risk rdquo category on its Mutual Funds MF riskometer tool to ...........

SEBI has introduced a “very high risk” category on its Mutual Funds (MF) riskometer tool to determine the level of risk on each mutual fund schemes. Prior to this, the risk-o-meter comprised of how many categories of risk ?

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Explanation:

Market regulator Securities and Exchange Board of India (SEBI) has introduced a new “very high risk” category on its Mutual Funds (MF) riskometer tool, to warn investors, investing in mutual fund schemes.
Currently the mutual fund (MF) risk-o-meter has five categories – low, moderately low, moderate, moderately high and high. It indicates the scheme’s risk level.