Mirae Asset MF Announces change in benchmark index under its schemes

Published on Mar 12, 2024 13:35

Mirae Asset 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 Benchmark	Proposed Benchmark
Mirae Asset Banking and PSU Fund (erstwhile known as Mirae Asset Banking and PSU Debt Fund	CRISIL Banking and PSU Debt Index	CRISIL Banking and PSU Debt A-II Index
Mirae Asset Corporate Bond Fund	CRISIL Corporate Bond B-III Index	CRISIL Corporate Debt A-II Index
Mirae Asset Dynamic Bond Fund	CRISIL Dynamic Bond C-III Index	CRISIL Dynamic Bond A-III Index
Mirae Asset Liquid Fund (erstwhile known as Mirae Asset Cash Management Fund)	Nifty Liquid Index B-I	Nifty Liquid Index A-I
Mirae Asset Low Duration Fund (erstwhile known as Mirae Asset Savings Fund)	Nifty Low Duration Debt Index B-I	Nifty Low Duration Debt Index A-I
Mirae Asset Money Market Fund	Nifty Money Market Index B-I	Nifty Money Market Index A-I
Mirae Asset Short Duration Fund (erstwhile known as Mirae Asset Short Term Fund)	CRISIL Short Duration Debt B-II Index	CRISIL Short Duration Debt A-II Index
Mirae Asset Ultra Short Duration Fund	Nifty Ultra Short Duration Debt Index B-I	Nifty Ultra Short Duration Debt Index A-I