For which of the following funds can NSE's MIBOR be used as a benchmark?
A
ELSS Fund
B
Liquid Fund
C
5-year Constant Maturity G-Sec Fund
D
Long Duration Fund
Correct Option:
B
Explanation
NSE's MIBOR (Mumbai Interbank Offered Rate) is a short-term money market benchmark and is therefore appropriate for Liquid Funds, which invest primarily in short-term money market instruments.
