Mumbai, April 21 -- Kotak Mahindra Mutual Fund has announced a change in the benchmark ofor the following schemes, with immediate effect.

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Change in the Benchmark for the following schemes of Kotak Mahindra Mutual Fund

Scheme Names

Existing Benchmark

Revised Benchmark

Kotak Gold ETF

Prices of Gold (based on LBMA daily spot fixing price)

Domestic Price of Physical Gold

Kotak Silver ETF

Price of Silver (based on LBMA daily spot fixing price)

Domestic Prices of physical Silver

Kotak Silver ETF Fund of Fund

Price of silver (based on LBMA daily spot fixing price)

Domestic Prices of physical Silver

Kotak Gold Fund

Price of physical gold

Domestic price of ph...