Kotak Mahindra Asset Management Company Limited, Trustee of Kotak Mutual Fund has approved change in the CRISIL indices, as communicated by CRISIL Limited, the nomenclature of the existing benchmark index of Kotak Credit Risk Fund, with immediate effect as under:
Kotak Credit Risk Fund:
Existing Benchmark: CRISIL AA Short Term Bond Fund
Revised Benchmark: CRISIL Composite AA Short Term Bond Index
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