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Reliance Mutual Fund revises benchmark index of 14 schemes

Reliance Dynamic Bond Fund will be benchmarked against CRISIL Dynamic Debt Index instead of CRISIL Composite Bond Fund Index

October 12, 2018 / 12:05 IST

Reliance Mutual Fund has revised the benchmark indices of 14 schemes with immediate effect, according to an addendum from the fund house.
Accordingly, the revision in the schemes will be as follows:

SCHEME NAMEREVISED BENCHMARKEARLIER BENCHMARK
Reliance Dynamic Bond FundCRISIL Dynamic Debt IndexCRISIL Composite Bond Fund Index
Reliance Gilt Securities FundCRISIL Dynamic Gilt IndexI-Sec Li-Bex
Reliance Floating Rate FundCRISIL Short Term Bond Fund IndexCRISIL Liquid Fund Index
Reliance Strategic Debt Fund25 percent of CRISIL AAA Medium Term Bond Index + 25 percent of CRISIL AA+ Medium Term Bond Index + 25 percent of CRISIL AA Medium Term Bond Index + 25 percent of CRISIL AA- Medium Term Bond IndexCRISIL Composite Bond Fund Index
Reliance Retirement Fund-Income Generation Scheme80 percent of CRISIL Long Term Debt Index + 20 percent of S&P BSE 500CRISIL Hybrid 85+15 – Conservative Index
Reliance Money Market FundCRISIL Money Market IndexCRISIL Liquid Fund Index
Reliance Ultra Short Duration FundNIFTY Ultra Short Duration Debt IndexCRISIL Liquid Fund Index
Reliance Low Duration FundNIFTY Low Duration Debt IndexCRISIL Ultra Short Term Debt Index
Reliance Banking & PSU Debt FundNIFTY Banking & PSU Debt IndexCRISIL Short Term Bond Fund Index
Reliance Credit Risk FundNIFTY Credit Risk Bond IndexCRISIL Composite Bond Fund Index
Reliance Income FundNIFTY Medium to Long Duration Debt IndexCRISIL Composite Bond Fund Index
Reliance Equity Savings FundNIFTY Equity Savings Index40 percent of CRISIL Liquid Fund Index + 30 percent of CRISIL Short Term Bond Fund Index + 30 percent of NIFTY 50
Reliance Arbitrage FundNIFTY 50 Arbitrage IndexCRISIL Liquid Fund Index
Reliance Prime Debt Fund50 percent of NIFTY Short Duration Debt Index + 50 percent of NIFTY Low Duration Debt IndexCRISIL Short Term Bond Fund Index

All other features of these schemes will remain unchanged.
Moneycontrol News
first published: Oct 12, 2018 12:05 pm

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