Mutual fund investments are subject to market risks. The value of investments may fluctuate due to market volatility and various factors, including changes in economic and political conditions, interest rates, liquidity conditions, issuer-specific developments, credit events, default, bankruptcy or insolvency of issuers and other unforeseen or force majeure events. Investors may also experience loss of capital.

Depending on the scheme and circumstances, investors may also be exposed to risks relating to liquidity constraints, temporary suspension of redemption facilities, segregation of portfolio by the AMC in accordance with applicable regulations, and other scheme-specific risks.

Investments in New Fund Offerings (NFOs) may carry additional risks, including price volatility, liquidity and delisting-related risks, where applicable.

In certain circumstances, a mutual fund scheme may face difficulties in meeting redemption requests or may be wound up in accordance with applicable regulations, including circumstances involving illiquid investments, unusually high redemption requests or unforeseen market events.

The risks mentioned above are illustrative and not exhaustive. Investors should carefully read the relevant Scheme Information Document (SID), Statement of Additional Information (SAI), Key Information Memorandum (KIM), applicable addenda and other scheme-related disclosures before investing.