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01 Jun 2024 13:38
Nippon Mutual Fund Announces change in benchmark under its schemes
Nippon Mutual Fund has announced change the benchmark index for the following schemes, with effect from 01 June 2024. Accordingly, the revised benchmark index will be:

Changes in the Schemes Benchmark Index:

Scheme Name Existing Benchmark Revised Benchmark
Nippon India Multi Asset Fund 50% of S&P BSE 500 TRI, 20% of MSCI World Index TRI, 15% of Crisil Short Term Bond Index & 15% of Domestic prices of Gold 50% of BSE 500 TRI, 20% of MSCI World Index TRI, 15% of Crisil Short Term Bond Index & 15% of Domestic prices of Gold
Nippon India Large Cap Fund S&P BSE 100 TRI BSE 100 TRI
Nippon India Quant Fund S&P BSE 200 TRI BSE 200 TRI
Nippon India Focused Equity Fund S&P BSE 500 TRI BSE 500 TRI
Nippon India Retirement Fund - Wealth Creation Scheme S&P BSE 500 TRI BSE 500 TRI
Nippon India Pharma Fund S&P BSE Healthcare TRIBSE Healthcare TRI
Nippon India ETF BSE Sensex Next 50 (Currently known as Nippon India ETF S&P BSE Sensex Next 50) S&P BSE Sensex Next 50 TRI BSE Sensex Next 50 TRI
Nippon India Index Fund - BSE Sensex Plan (Currently known as Nippon India Index Fund - S&P BSE Sensex Plan) S&P BSE Sensex TRI BSE Sensex TRI
Nippon India ETF BSE Sensex (Currently known as Nippon India ETF S&P BSE Sensex) S&P BSE Sensex TRI BSE Sensex TRI

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