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Budget News

  • Kotak Mahindra Mutual Fund Announces change in benchmark under its schemes
  • March 29,2024  14:25
  • Kotak Mahindra 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
    Kotak Medium Term Fund NIFTY Medium Duration Debt Index C-III CRISIL Medium Duration Debt A-III Index
    Kotak Credit Risk Fund Nifty Credit Risk Bond Index C-III CRISIL Credit Risk Debt B-II Index
    Kotak Liquid Fund NIFTY Liquid Index B-I NIFTY Liquid Index A-I
    Kotak Money Market Fund Nifty Money Market Index B-I CRISIL Money Market A-I Index
    Kotak Savings Fund NIFTY Ultra Short Duration Debt Index B-I Nifty Ultra Short Duration Debt Index A-I
    Kotak Low Duration Fund Nifty Low Duration Debt Index B-I Nifty Low Duration Debt Index A-I
    Kotak Bond Short Term Fund NIFTY Short Duration Debt Index B-II Nifty Short Duration Debt Index A-II
    Kotak Bond Fund Nifty Medium to Long Duration Debt Index B-II CRISIL Medium to Long Duration Debt A-III Index
    Kotak Long Duration Fund NIFTY Long Duration Debt Index-A-III CRISIL Long Duration Debt A-III Index
    Kotak Dynamic Bond Fund Nifty Composite Debt Index B-III Nifty Composite Debt Index A-III
    Kotak Corporate Bond Fund CRISIL Corporate Bond B-II Index CRISIL Corporate Bond A-II Index
    Kotak Banking and PSU Debt Fund CRISIL Banking and PSU Debt Index CRISIL Banking & PSU Debt A-II Index
    Kotak Floating Rate Fund NIFTY Short Duration Debt Index Nifty Short Duration Debt Index A-II

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