The Investors are requested to note that NIMF has proposed to carry out the following changes in below mentioned NIMF schemes w.e.f. June 01, 2024, subject to confirmation from SEBI,
Scheme Code | Existing Scheme Names | Revised Scheme Names |
---|---|---|
SX | Nippon India ETF S&P BSE Sensex | Nippon India ETF BSE Sensex |
SN | Nippon India ETF S&P BSE Sensex Next 50 | Nippon India ETF BSE Sensex Next 50 |
SF | Nippon India Index Fund – S&P BSE Sensex Plan | Nippon India Index Fund – BSE Sensex Plan |
Additionally, there will also be changes in the benchmark nomenclature of certain schemes of Nippon India Mutual Fund as mentioned below:
SCHEME CODE | SCHEME NAME | Existing Benchmark Name | Revised Benchmark Name |
---|---|---|---|
MF | Nippon India Multi-Asset Fund | 50% of S&P BSE 500 TRI, 20% of MSCI World Index TRI, 15% of Crisil Short Term Bond Index & 15% of Domestic prices of Gold | 50% of BSE 500 TRI, 20% of MSCI World Index TRI, 15% of Crisil Short Term Bond Index & 15% of Domestic prices of Gold |
EA | Nippon India Large Cap Fund | S&P BSE 100 TRI | BSE 100 TRI |
QP | Nippon India Quant Fund | S&P BSE 200 TRI | BSE 200 TRI |
LE | Nippon India Focused Equity Fund | S&P BSE 500 TRI | BSE 500 TRI |
RW | Nippon India Retirement Fund- Wealth Creation Scheme | S&P BSE 500 TRI | BSE 500 TRI |
PH | Nippon India Pharma Fund | S&P BSE Healthcare TRI | BSE Healthcare TRI |
SN | Nippon India ETF BSE Sensex Next 50 (Previously known as Nippon India ETF S&P BSE Sensex Next 50) | S&P BSE Sensex Next 50 TRI | BSE Sensex Next 50 TRI |
SF | Nippon India Index Fund – BSE Sensex Plan (Previously known as Nippon India Index Fund – S&P BSE Sensex Plan) | S&P BSE Sensex TRI | BSE Sensex TRI |
SX | Nippon India ETF BSE Sensex (Previously known as Nippon India ETF S&P BSE Sensex) | S&P BSE Sensex TRI | BSE Sensex TRI |
Please note that the aforesaid revisions will be made effective from 1st June 2024.
For more details, read the addendum.
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