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Apr 02, 2012, 12.56 PM IST
SBI Mutual Fund has announced change in benchmark of Magnum COMMA Fund from BSE 200 to CNX Commodities Index, with effect from April 1, 2012.
The CNX Commodities Index, an index launched by IISL, is designed to reflect the behavior and performance of a diversified portfolio of companies representing the commodities segment which includes sectors like oil, petroleum products, cement, power, chemical, sugar, metals, and mining. It comprises of 30 companies that are listed on the NSE.
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