IDBI Mutual Fund Announces change in benchmark index

2 Apr 2022 , 09:35 AM

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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