The National Stock Exchange (NSE) on March 07, 2024, issued the notification regarding the NSE Indices launches new Sub-Category level Nifty AIF Benchmark and Fund of Funds Benchmark.
The following has been stated namely: -
• The semi-annual Category and Sub-category level Nifty Alternative Investment Fund (AIF) Benchmark Reports were published for the period ended September 30, 2023.
• These reports include industry-level performance of category and sub-category benchmarks. In the sub-category level report, NSE Indices Limited curated a new sub-category level benchmark for Category III– “Hybrid Fund” which includes schemes having a combination of equity and debt exposures.
• NSE Indices now provides fifteen subcategory level benchmarks within three broad AIF Categories.
• Please refer to the notification for more details on the categories and sub-categories
