Dear Investors, Hope you are doing well.  Recently SEBI (Securities & Exchange Board of India) has mandated that there will be re-categorisation in equity and debt mutual funds across all AMC's. This re-categorisation means there can be a change in the fundamental attributes of the prevailing mutual fund scheme that you are holding or there can be a simple name change without altering the fundamental attributes. For example lets say  ICICI ultra short term fund , has changed its fundamental attributes and is now  ICICI corporate bond fund   in the category of corporate bonds. While some funds have simply changed there names for example HDFC Balanced fund  is now  HDFC hybrid equity fund , or  ICICI Pru top 100 fund  is now  ICICI Pru large and mid cap fund  keeping their fundamental attributes same. These changes will be affected from  23rd May till first week of June  (different for different AMC's)  We will get in touch for discussing the ch