Nippon India Multi Asset Fund change in benchmark

With effect from 31 August 2021

Aug 31, 2021 12:08 IST capital market

Nippon India Mutual Fund / Nippon Life India Asset Management Limited has decided to change in the benchmark index of Nippon India Multi Asset Fund, with effect from 31 August 2021.

Nippon India Multi Asset Fund:

Existing Benchmark: 50% of S&P BSE 500, 20% of Crisil Short Term Bond Fund Index & 30% of Thomson Reuters - MCX iCOMDEX Composite Index

Revised Benchmark: 50% of S&P BSE 500 TRI, 20% of MSCI World Index TRI, 15% of Crisil Short Term Bond Fund Index & 15% of Domestic Prices of Gold

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