MUTUAL FUNDS
Mirae Asset AMC announces change in benchmark
Jul-25-2024
Mirae Asset AMC has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) of certain Scheme(s) of Mirae Asset Mutual Fund (MAMF). 

Mirae Asset Trustee Company, Trustees to Mirae Asset Mutual Fund (“the Fund”) (An open-ended scheme investing in equity, debt & money market instruments, Gold ETFs, Silver ETFs and exchange traded commodity derivatives), have approved that the existing benchmark ‘65% BSE 200 TRI + 20% Nifty Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic Price of Silver’ has been proposed to change to ‘65% Nifty 500 TRI + 25% Nifty Short Duration Debt Index + 7.5% Domestic Price of Gold + 2.5% Domestic Price of Silver’, in Mirae Asset Multi Asset Allocation Fund (‘the Scheme’) with effect from July 31, 2024.

All other terms and conditions of the scheme remain unchanged. This addendum forms an integral part of the Scheme Information Document(s)/ Key Information Memorandum(s) of the Scheme(s), as applicable, of the Fund as amended from time to time.

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