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Goldman Sachs: Change in Benchmark and Scheme Name


Goldman Sachs Mutual Fund has announced that due to the expiry of licensing arrangement with Standard & Poor's Financial Services LLC, the trademark 'S&P' shall not be used any more.

Resultantly, the letters 'S&P' get deleted from the benchmark indices of Goldman Sachs Nifty BeES, S&P Shariah BeES, S&P CNX 500 and India Equity Fund.

In the same manner,the name of Goldman Sachs S&P CNX Nifty Shariah Index ETS and S&P CNX 500 are revised.

The changes are applied with immediate effect.