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Kolkata June 14 The international funds mooted recently have unique benchmarks, each depending heavily on established indices used globally. ABN Amro MF's product will use the following formula: 65 per cent of it will be benchmarked against the BSE 200 and 35 per cent against FTSE China International Index.

Birla Sun Life International Equity Fund has proposed to customise its benchmark with the help of BSE 200 (65 per cent) and MSCI World Index (35 per cent). In the case of Franklin Asian Equity Fund, this is the MSCI Asia (ex-Japan) Standard Index.

It may be mentioned here that recently launched Fidelity International Opportunities had opted for a mix of BSE 200 (65 per cent) and MSCI Asia Pacific (ex-Japan) for the rest.

Benchmarks have to be specially created for products such as these, fund sources point

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