Peerless Mutual Fund has made the following changes in the fundamental attributes of Peerless MF Child Plan, with effect from May 15, 2015.
Name of the scheme: The revised name of the scheme is Peerless 3 in 1 Fund.
Type of scheme: The type of scheme has been changed from open-ended debt scheme to open-ended hybrid scheme.
Investment Pattern: The investment pattern undergoes the following change:
| Provision | Existing | Propsed |
| Debt & money market instruments | 60%-80% | 50%-70% |
| Equity and related instruments | 5%-35% | 15%-25% |
| Gold ETFs of other MFs | 5%-35% | 15%-25% |
The investors who do not wish to continue with the scheme can exit from April 15, 2015 to May 14, 2015.
