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Tata MF announces change in Benchmark Indices


Tata Mutual Fund has approved the changes in benchmark indices of seven funds, with effect from August 01, 2011. The schemes would now be benchmarked against the following indices:

Scheme Names  Existing Benchmark   Proposed Banchmark
Tata Dividend Yield Fund BSE Sensex S&P CNX 500 Index
Tata Equity Opportunites Fund BSE Sensex BSE 200 Index
Tata Growth Fund  BSE Sensex CNX Midcap Index
Tata Indo Global Infrastructure Fund BSE Sensex / MSCI World S&P CNX 500 Index / MSCI World
Tata Infrastrucute Fund BSE Sensex S&P CNX 500 Index
Tata Infrastrucute Tax Saving Fund BSE Sensex S&P CNX 500 Index
Tata Life Sciences & Technology Fund BSE Sensex S&P CNX 500 Index