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Kotak Mahindra Mutual Fund Announces change in benchmark under its schemes

(14:25, 29 Mar 2024)

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