IDFC Mutual Fund has decided to change the Benchmark of the following schemes with effect from July 23, 2015:
|Scheme(s)||Existing Benchmark||Revised Benchmark|
|IDFC Money Manager Fund - Treasury Plan||NSE Mibor Index||Crisil Liquid Fund Index|
|IDFC Money Manager Fund - Investment Plan||NSE Mibor Index||Crisil 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.