FRANKLIN TEMPLETON MUTUAL FUND ANNOUNCES CHANGE IN BENCHMARK UNDER ITS SCHEMES

Published on Apr 03, 2024 12:34

Franklin Templeton Mutual Fund has announced changes in the benchmark indices below. The mentioned schemes shall stand changed effective April 01, 2024.

Changes in Benchmark Index:

Scheme Name	Existing Benchmark	New Benchmark
Franklin India Overnight Fund	CRISIL Liquid Overnight Index	NIFTY 1D Rate Index
Franklin India Liquid Fund	Tier I - CRISIL Liquid Debt B-I Index Tier II - CRISIL Liquid Debt AI Index	NIFTY Liquid Index A-I
Franklin India Money Market Fund	Tier I - NIFTY Money Market Index B-I Tier II - NIFTY Money Market Index A-I	NIFTY Money Market Index A-I
Franklin India Corporate Debt Fund	NIFTY Corporate Bond Index B-III	NIFTY Corporate Bond Index A-II
Franklin India Banking and PSU Debt Fund	NIFTY Banking & PSU Debt Index	Nifty Banking & PSU Debt Index A-II
Franklin India Floating Rate Fund	CRISIL Low Duration Debt Index	NIFTY Short Duration Debt Index A-II