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Union KBC Mutual Fund: Change in Benchmark


Union KBC Mutual Fund has announced a change in the benchmark of the following schemes:

Scheme Existing BenchmarkRevised Benchmark
Union KBC Asset Allocation Fund - Conservative Plan20% CNX Nifty + 70% CRISIL Composite Bond Fund Index + 10% CRISIL Gold Index20% CNX Nifty + 70% CRISIL Short Term Bond Fund Index + 10% CRISIL Gold Index
Union KBC Asset Allocation Fund - Moderate Plan30% CNX Nifty + 55% CRISIL Composite Bond Fund Index + 15% CRISIL Gold Index30% CNX Nifty + 55% CRISIL Short Term Bond Fund Index + 15% CRISIL Gold Index

The change will be effective from July 14, 2014.