IDBI Mutual Fund has approved change in the benchmark of following schemes with effect from 01 April 2022 as under:
IDBI Liquid Fund:
Existing Benchmark: CRISIL Liquid Fund Index
New Benchmark: CRISIL Liquid Fund B-I Index
IDBI Ultra Short Term Fund:
Existing Benchmark: CRISIL Ultra Short Term Debt Index
New Benchmark: CRISIL Ultra Short Duration Fund B-I Index
IDBI Short Term Bond Fund:
Existing Benchmark: CRISIL Short Term Bond Fund Index
New Benchmark: CRISIL Short Duration Fund A-II Index
IDBI Dynamic Bond Fund:
Existing Benchmark: CRISIL Composite Bond Fund Index
New Benchmark: CRISIL Dynamic Bond Fund A-III Index
IDBI Credit Risk Fund:
Existing Benchmark: NIFTY Credit Risk Bond Fund
New Benchmark: NIFTY Credit Risk Bond Index C-III
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