Benchmark Mutual Funds

Looking for information about Benchmark Mutual Funds? Benchmark Mutual Funds was founded in June of 2001. The company is registered with the SEBI as an assets management company. Those who run Benchmark Mutual Funds is operated with individuals who have extensive experience in financial markets in India and other countries. The corporate headquarters for Benchmark Mutual Funds is located in Mumbai, India. Benchmark Mutual Funds also has offices in Ahmedabad, Bangalore, Chennai, Kolkata, and New Delhi.

Benchmark Mutual Funds specializes in exchange traded funds. Services that are offered by Benchmark Mutual Funds include equity exchange traded funds, international exchange traded funds, non-equity exchange traded funds, open ended index funds, open ended derivative funds, and open ended debt funds. An exchange traded fund is very similar to stocks. Basically, an exchange traded fund represents a stock. The value of an exchange traded fund is based off of the net asset value of the stock that it is representing in the index. One of the major benefits of the exchange traded funds that are offered by Benchmark Mutual Funds are the fact that they can be easily bought and sold.

Benchmark Mutual Funds was the first Asian assets management company to launch exchange traded funds. The first exchange traded fund that Benchmark Mutual Funds offered in India was the Nifty BeES. A Nifty BeES fund is listed on the S&P CNX Nifty Index. The Institute of Directors, which is located in Delhi, awarded Benchmark Mutual Funds with a Golden Peacock Award for the Nifty BeES. The Golden Peacock Award that Benchmark Mutual Funds received was in the Most Innovative Financial Product category.