L&T Mutual Fund announced change in benchmark for multiple schemes effective Dec 1, 2019. For instance, L&T Credit Risk Fund’s benchmark will change from CRISIL Short Term Bond Fund Index to CRISIL Composite Credit Risk Index, L&T Triple Ace Bond Fund’s from CRISIL Composite Bond Fund Index to CRISIL Corporate Bond Composite Index, and L&T Gilt Fund’s from I-Sec Composite Index to CRISIL Dynamic Gilt Index.