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Change in Benchmark of the schemes of IDFC Mutual Fund


IDFC Mutual Fund has decided to change the Benchmark of the following schemes with effect from July 23, 2015:

Scheme(s)Existing BenchmarkRevised Benchmark
IDFC Money Manager Fund - Treasury PlanNSE Mibor IndexCrisil Liquid Fund Index
IDFC Money Manager Fund - Investment PlanNSE Mibor IndexCrisil Short Term Bond Fund Index

The Fund House has also decided to change the Exit Load of IDFC Sterling Equity Fund. The new Exit Load will be 1% if redeemed on or before 365 days from the date of allotment. Previously it was 2% if redeemed on or before 18 months from the date of allotment. The change will be effective from September 07, 2015.