Nippon Mutual Fund Announces change in benchmark under its schemes

Published on Jun 01, 2024 13:38

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 TRI	BSE 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