LIC MF ANNOUNCES CHANGE IN BENCHMARK INDEX UNDER ITS SCHEMES
Published on Mar 12, 2024 15:51
LIC Mutual Fund has announced change the benchmark index for the following schemes, with effect from 12 March 2024. Accordingly, the revised benchmark index will be:
Changes in the Schemes Benchmark Index:
Scheme Name | Existing First Tier Benchmark | Revised First Tier Benchmark |
---|---|---|
LIC MF Banking & PSU Debt Fund | NIFTY Banking & PSU Debt Index | NIFTY Banking & PSU Debt Index A-II |
LIC MF Liquid Fund | CRISIL Liquid Debt B-I Index | CRISIL Liquid Debt A-I Index |
LIC MF Low Duration Fund | CRISIL Low Duration Debt B-I Index | CRISIL Low Duration Debt A-I Index |
LIC MF Ultra Short Duration Fund | CRISIL Ultra Short Duration Debt B-I Index | CRISIL Ultra Short Duration Debt A-I Index |
LIC MF Money Market Fund | NIFTY Money Market Index B-I | NIFTY Money Market Index A-I |
LIC MF Short Duration Fund | CRISIL Short Duration Debt B-II Index | CRISIL Short Duration Debt A-II Index |
LIC MF Medium to Long Duration Bond Fund | CRISIL Medium to Long Duration Debt B-III Index | CRISIL Medium to Long Duration Debt A-III Index |
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