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Pinebridge India Treasury : Change in Asset Allocation and Benchmark


Pinebridge India Mutual Fund has announced a change in asset allocation and Benchmark of Pinebridge India Treasury Fund with effect from March 1, 2013.

The ceiling limit of 50% for Debt instruments with average maturity greater than 12 months and floor limit of 50% for Debt instruments with average maturity less than or equal to 12 months has been removed.

Moreover, the maximum percentage of securitised debts allowed in debt securities has been reduced from 75% to 50% of the Net Assets.

The benchmark has been replaced from CRISIL Liquid Fund Index to CRISIL Composite Bond Index.