{"id":17687,"date":"2026-05-05T08:37:37","date_gmt":"2026-05-05T03:07:37","guid":{"rendered":"https:\/\/www.gwcindia.in\/blog\/?p=17687"},"modified":"2026-05-11T12:50:36","modified_gmt":"2026-05-11T07:20:36","slug":"what-is-benchmark-index-in-mutual-funds","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/what-is-benchmark-index-in-mutual-funds\/","title":{"rendered":"What is Benchmark Index in Mutual Funds?"},"content":{"rendered":"<h1>What is Benchmark Index in Mutual Funds?<\/h1>\n<p>When<strong><a href=\"https:\/\/www.gwcindia.in\/mutual-funds\/\"> investing in mutual funds<\/a><\/strong>, simply looking at returns is not enough. Investors also need to understand whether a fund is performing well compared to the broader market. This is where a benchmark index becomes important.<\/p>\n<p>A benchmark index acts like a performance yardstick for mutual funds. It helps investors compare how a fund has performed against a standard market index such as the Nifty 50, Sensex, or Nifty Midcap 150.<\/p>\n<p>Understanding benchmark indices can help investors evaluate mutual fund performance, assess risks, compare fund managers, and make informed investment decisions.<\/p>\n<h2>What is a Benchmark Index?<\/h2>\n<p>A benchmark index is a standard market index used to measure the performance of a mutual fund scheme.<\/p>\n<p>Every mutual fund scheme is assigned a benchmark that closely matches its investment objective and portfolio composition. The fund manager\u2019s goal is generally to generate returns that outperform the benchmark over the long term.<\/p>\n<p>For example:<\/p>\n<ul>\n<li>A large-cap equity mutual fund may use the Nifty 50 as its benchmark.<\/li>\n<li>A mid-cap fund may track the Nifty Midcap 150.<\/li>\n<li>A debt mutual fund may compare its returns with a bond index.<\/li>\n<\/ul>\n<p>In simple terms, a benchmark helps investors answer an important question:<\/p>\n<p><strong>\u201cIs this mutual fund performing better or worse than the market it invests in?\u201d<\/strong><\/p>\n<h2>Benchmark in Mutual Funds Explained with Example<\/h2>\n<p>Suppose a large-cap mutual fund delivers a return of 14% in one year.<\/p>\n<p>Its benchmark index, the Nifty 50, generated a return of 11% during the same period.<\/p>\n<p>In this case, the mutual fund has outperformed its benchmark by 3%.<\/p>\n<p>However, if the benchmark generated 15% returns and the mutual fund delivered only 12%, the fund would be considered underperforming.<\/p>\n<p>This comparison helps investors understand whether the fund manager is actually adding value through active management.<\/p>\n<h2>Why is Benchmark Index Important in Mutual Funds?<\/h2>\n<p>Benchmarking is one of the most important tools used in mutual fund evaluation. It helps investors understand performance, risk, and consistency.<\/p>\n<h2>1. Helps Measure Fund Performance<\/h2>\n<p>The primary purpose of a benchmark index is to compare a fund\u2019s returns with the market.<\/p>\n<p>If a mutual fund consistently beats its benchmark over long periods, it may indicate strong fund management.<\/p>\n<h2>2. Helps Compare Funds Within the Same Category<\/h2>\n<p>Benchmarks make it easier to compare multiple funds.<\/p>\n<p>For example:<\/p>\n<table>\n<thead>\n<tr>\n<td><strong>Fund<\/strong><\/td>\n<td><strong>Benchmark Return<\/strong><\/td>\n<td><strong>Fund Return<\/strong><\/td>\n<td><strong>Difference<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Fund A<\/td>\n<td>10%<\/td>\n<td>13%<\/td>\n<td>+3%<\/td>\n<\/tr>\n<tr>\n<td>Fund B<\/td>\n<td>10%<\/td>\n<td>11%<\/td>\n<td>+1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Here, Fund A has performed better relative to its benchmark.<\/p>\n<h2>3. Improves Investment Decision-Making<\/h2>\n<p>Investors can identify whether a fund is worth investing in by studying its benchmark performance over time.<\/p>\n<h2>4. Helps Assess Fund Manager Efficiency<\/h2>\n<p>If a fund consistently underperforms its benchmark, it may indicate poor portfolio management or high costs.<\/p>\n<h2>5. Brings Transparency<\/h2>\n<p>Benchmarking creates accountability and transparency in the mutual fund industry.<\/p>\n<h2>Types of Benchmark Indices in India<\/h2>\n<p>Different mutual funds use different benchmark indices depending on their investment strategy.<\/p>\n<h2>Large-Cap Benchmark Indices<\/h2>\n<p>Large-cap funds generally invest in India\u2019s biggest companies by market capitalization.<\/p>\n<h3>Common Benchmarks:<\/h3>\n<ul>\n<li>Nifty 50<\/li>\n<li>BSE Sensex<\/li>\n<li>Nifty 100<\/li>\n<\/ul>\n<table>\n<thead>\n<tr>\n<td><strong>Benchmark<\/strong><\/td>\n<td><strong>Description<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Nifty 50<\/td>\n<td>Top 50 companies listed on NSE<\/td>\n<\/tr>\n<tr>\n<td>Sensex<\/td>\n<td>Top 30 companies listed on BSE<\/td>\n<\/tr>\n<tr>\n<td>Nifty 100<\/td>\n<td>Top 100 large companies<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Mid-Cap Benchmark Indices<\/h2>\n<p>Mid-cap funds invest in medium-sized companies with growth potential.<\/p>\n<h3>Common Benchmarks:<\/h3>\n<ul>\n<li>Nifty Midcap 150<\/li>\n<li>Nifty Midcap 100<\/li>\n<\/ul>\n<h2>Small-Cap Benchmark Indices<\/h2>\n<p>Small-cap funds invest in smaller companies with higher growth potential and higher risk.<\/p>\n<h3>Common Benchmarks:<\/h3>\n<ul>\n<li>Nifty Smallcap 250<\/li>\n<li>BSE SmallCap Index<\/li>\n<\/ul>\n<h2>Hybrid Fund Benchmarks<\/h2>\n<p>Hybrid funds invest in both equity and debt instruments.<\/p>\n<h3>Common Benchmarks:<\/h3>\n<ul>\n<li>CRISIL Hybrid Index<\/li>\n<li>Nifty LargeMidcap 250<\/li>\n<\/ul>\n<h2>Debt Fund Benchmarks<\/h2>\n<p>Debt mutual funds compare performance using bond market indices.<\/p>\n<h3>Common Benchmarks:<\/h3>\n<ul>\n<li>CRISIL Bond Index<\/li>\n<li>Nifty Composite Debt Index<\/li>\n<\/ul>\n<h2>What is Market Capitalization?<\/h2>\n<p>To understand benchmark indices better, investors should understand market capitalization.<\/p>\n<p>Market capitalization refers to the total market value of a company\u2019s outstanding shares.<br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/understanding-market-capitalization-in-the-stock-market\/\">https:\/\/www.gwcindia.in\/blog\/understanding-market-capitalization-in-the-stock-market\/<\/a><\/p>\n<p>It is calculated using the formula:<\/p>\n<p><strong>Market Capitalization = Share Price \u00d7 Total Outstanding Shares<\/strong><\/p>\n<p>Based on market capitalization, companies are categorized into:<\/p>\n<table>\n<thead>\n<tr>\n<td><strong>Category<\/strong><\/td>\n<td><strong>Description<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Large Cap<\/td>\n<td>Top 100 companies by market capitalization<\/td>\n<\/tr>\n<tr>\n<td>Mid Cap<\/td>\n<td>Companies ranked 101\u2013250<\/td>\n<\/tr>\n<tr>\n<td>Small Cap<\/td>\n<td>Companies ranked 251 onwards<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>What is Alpha in Mutual Funds?<\/h2>\n<p>Alpha measures how much extra return a mutual fund generates compared to its benchmark.<\/p>\n<h2>Formula:<\/h2>\n<p><strong>Alpha = Fund Return \u2013 Benchmark Return<\/strong><\/p>\n<h3>Example:<\/h3>\n<table>\n<thead>\n<tr>\n<td><strong>Particulars<\/strong><\/td>\n<td><strong>Return<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Mutual Fund Return<\/td>\n<td>15%<\/td>\n<\/tr>\n<tr>\n<td>Benchmark Return<\/td>\n<td>12%<\/td>\n<\/tr>\n<tr>\n<td>Alpha<\/td>\n<td>+3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>A positive alpha indicates that the fund has outperformed the benchmark.<\/p>\n<p>A negative alpha indicates underperformance.<\/p>\n<h2>What is Beta in Mutual Funds?<\/h2>\n<p>Beta measures how sensitive a mutual fund is to market movements.<\/p>\n<table>\n<thead>\n<tr>\n<td><strong>Beta Value<\/strong><\/td>\n<td><strong>Meaning<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>More than 1<\/td>\n<td>Higher volatility than market<\/td>\n<\/tr>\n<tr>\n<td>Equal to 1<\/td>\n<td>Moves similar to market<\/td>\n<\/tr>\n<tr>\n<td>Less than 1<\/td>\n<td>Lower volatility than market<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>For example, a beta of 1.2 means the fund may rise or fall 20% more than the market.<\/p>\n<h2>What is R-Squared in Mutual Funds?<\/h2>\n<p>R-squared measures how closely a mutual fund\u2019s performance matches its benchmark.<\/p>\n<p>It ranges between 0 and 100.<\/p>\n<table>\n<thead>\n<tr>\n<td><strong>R-Squared Value<\/strong><\/td>\n<td><strong>Interpretation<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>80\u2013100<\/td>\n<td>Strong correlation with benchmark<\/td>\n<\/tr>\n<tr>\n<td>60\u201380<\/td>\n<td>Moderate correlation<\/td>\n<\/tr>\n<tr>\n<td>Below 60<\/td>\n<td>Weak correlation<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>A higher R-squared indicates that benchmark comparison is more reliable.<\/p>\n<h2>What is TRI (Total Return Index)?<\/h2>\n<p>TRI stands for Total Return Index.<\/p>\n<p>A TRI not only considers price movement in stocks but also includes dividends paid by companies.<\/p>\n<p>This gives a more accurate picture of actual returns generated by an index.<\/p>\n<h2>Difference Between Price Index and TRI<\/h2>\n<table>\n<thead>\n<tr>\n<td><strong>Feature<\/strong><\/td>\n<td><strong>Price Index<\/strong><\/td>\n<td><strong>TRI<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Includes Stock Price Movement<\/td>\n<td>Yes<\/td>\n<td>Yes<\/td>\n<\/tr>\n<tr>\n<td>Includes Dividends<\/td>\n<td>No<\/td>\n<td>Yes<\/td>\n<\/tr>\n<tr>\n<td>Shows Actual Investor Return<\/td>\n<td>Limited<\/td>\n<td>More Accurate<\/td>\n<\/tr>\n<tr>\n<td>Used for Mutual Fund Benchmarking<\/td>\n<td>Rarely<\/td>\n<td>Yes<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The Securities and Exchange Board of India (SEBI) made it mandatory for mutual funds to use TRI benchmarks for performance comparison.<\/p>\n<p>This ensures fair and transparent evaluation of mutual fund returns.<\/p>\n<h2>What are Passive Index Funds?<\/h2>\n<p>Passive index funds are mutual funds that aim to replicate the performance of a benchmark index instead of trying to outperform it.<\/p>\n<p>For example, a Nifty 50 Index Fund invests in the same companies included in the Nifty 50 in similar proportions.<\/p>\n<h2>Benefits of Passive Index Funds<\/h2>\n<h2>1. Lower Expense Ratios<\/h2>\n<p>Passive funds require less active management, resulting in lower costs.<\/p>\n<h2>2. Diversification<\/h2>\n<p>Index funds provide exposure to multiple companies across sectors.<\/p>\n<h2>3. Simplicity<\/h2>\n<p>Investors do not need to research individual stocks.<\/p>\n<h2>4. Consistent Benchmark Tracking<\/h2>\n<p>These funds are designed to closely match benchmark returns.<\/p>\n<h2>Difference Between Active Funds and Index Funds<\/h2>\n<table>\n<thead>\n<tr>\n<td><strong>Feature<\/strong><\/td>\n<td><strong>Active Funds<\/strong><\/td>\n<td><strong>Index Funds<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Objective<\/td>\n<td>Beat benchmark<\/td>\n<td>Match benchmark<\/td>\n<\/tr>\n<tr>\n<td>Fund Management<\/td>\n<td>Active<\/td>\n<td>Passive<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>Higher<\/td>\n<td>Lower<\/td>\n<\/tr>\n<tr>\n<td>Risk Level<\/td>\n<td>Relatively Higher<\/td>\n<td>Market-linked<\/td>\n<\/tr>\n<tr>\n<td>Return Potential<\/td>\n<td>Can outperform<\/td>\n<td>Similar to benchmark<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>How to Analyse a Mutual Fund Using Benchmark Index?<\/h2>\n<p>Investors should not only compare short-term returns. A better evaluation includes:<\/p>\n<ul>\n<li>Comparing returns over 3, 5, and 10 years<\/li>\n<li>Checking consistency against benchmark<\/li>\n<li>Analysing alpha and beta<\/li>\n<li>Reviewing expense ratio<\/li>\n<li>Studying downside protection during market falls<\/li>\n<\/ul>\n<p>A good mutual fund should ideally:<\/p>\n<ul>\n<li>Outperform benchmark over long periods<\/li>\n<li>Manage downside risk efficiently<\/li>\n<li>Deliver consistent returns<\/li>\n<\/ul>\n<h2>Limitations of Benchmark Indices<\/h2>\n<p>While benchmarks are useful, they also have certain limitations.<\/p>\n<h2>1. Benchmarks Cannot Predict Future Returns<\/h2>\n<p>Past performance does not guarantee future performance.<\/p>\n<h2>2. Market Conditions Change<\/h2>\n<p>A benchmark that performed well historically may underperform in changing economic conditions.<\/p>\n<h2>3. Different Risk Levels<\/h2>\n<p>Two funds may use the same benchmark but have different risk profiles.<\/p>\n<h2>Things Investors Should Check Before Comparing a Fund with its Benchmark<\/h2>\n<p>Before evaluating performance, investors should ensure:<\/p>\n<ul>\n<li>The benchmark matches the fund category<\/li>\n<li>Returns are compared over similar time periods<\/li>\n<li>TRI benchmarks are used<\/li>\n<li>Risk-adjusted returns are considered<\/li>\n<\/ul>\n<h2>Conclusion<\/h2>\n<p>A benchmark index is an essential tool for <a href=\"https:\/\/www.gwcindia.in\/gigapro\/blog\/how-to-evaluate-momentum-funds-metrics-and-factors-to-analyse\/\">evaluating mutual fund performance<\/a>. It acts as a standard against which investors can compare returns, risk, consistency, and fund manager efficiency.<\/p>\n<p>Whether you invest in actively managed mutual funds or passive index funds, understanding benchmark indices can help you make smarter investment decisions.<\/p>\n<p>Instead of only looking at high returns, investors should focus on whether the mutual fund is consistently outperforming its benchmark while managing risk effectively.<\/p>\n<p>Over the long term, benchmark analysis can help build a more disciplined and informed investment strategy.<\/p>\n<p><strong>Sources and Official References<br \/>\n<\/strong><a href=\"https:\/\/www.sebi.gov.in\/\" target=\"_blank\" rel=\"noopener\">Securities and Exchange Board of India<\/a><br \/>\n<a href=\"https:\/\/www.amfiindia.com\/\" target=\"_blank\" rel=\"noopener\">Association of Mutual Funds in India<\/a><br \/>\n<a href=\"https:\/\/www.niftyindices.com\/\" target=\"_blank\" rel=\"noopener\">NSE Indices Limited<\/a><br \/>\n<a href=\"https:\/\/www.bseindia.com\/\" target=\"_blank\" rel=\"noopener\">BSE Limited<\/a><\/p>\n<p><strong>Related Blogs:<\/strong><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/passive-portfolio-management-in-india-meaning-strategies-how-it-work\/\">Passive Portfolio Management in India: Meaning, Strategies &amp; How It Works<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/what-is-passive-investing-index-funds-and-long-term-wealth-creation\/\">What Is Passive Investing? Index Funds and Long-Term Wealth Creation<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/when-should-investors-choose-active-over-passive-investing\/\">When Should Investors Choose Active Over Passive Investing?<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/active-vs-passive-investing-in-india-key-differences-explained\/\">Active vs Passive Investing in India: Key Differences Explained<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/etf-investing-in-india-a-beginners-guide-to-passive-wealth\/\">ETF Investing in India: A Beginner\u2019s Guide to Passive Wealth<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/why-value-investing-requires-patience-across-economic-cycles\/\">Why Value Investing Requires Patience Across Economic Cycles<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/best-sectors-for-value-investing-during-economic-downturns\/\">Best Sectors for Value Investing During Economic Downturns<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/what-drives-value-investing-in-different-economic-cycles\/\">What Drives Value Investing in Different Economic Cycles<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/growth-investing-vs-value-investing-which-strategy-is-right-for-you\/\">Growth Investing vs. Value Investing: Which Strategy Is Right for You?<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/risk-management-in-equity-investing-protecting-your-portfolio\/\">Risk Management in Equity Investing: Protecting Your Portfolio<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/value-investing-as-a-stock-market-investing-strategy-in-2025\/\">Value Investing as a Stock Market Investing Strategy in 2025<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/long-term-equity-investing-beat-the-market-and-achieve-financial-freedom\/\">Long-Term Equity Investing: Beat the Market and Achieve Financial Freedom<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/swing-trading-a-comprehensive-guide-to-make-short-term-gains\/\">Swing Trading: A Comprehensive Guide to Make Short-Term Gains<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/blog\/a-guide-to-value-investing-in-2025\/\">A Guide to Value Investing in 2025<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/gigapro\/blog\/combining-sector-rotation-with-other-investing-strategies\/\">Combining Sector Rotation with Other Investing Strategies<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/gigapro\/blog\/beyond-buy-and-hold-elevating-returns-with-sector-rotation\/\">Beyond Buy and Hold: Elevating Returns with Sector Rotation<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/gigapro\/blog\/common-pitfalls-of-sector-rotation-and-how-to-avoid-them\/\">Common Pitfalls of Sector Rotation and How to Avoid Them<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/gigapro\/blog\/what-is-sector-rotation-and-how-does-it-work\/\">What is Sector Rotation and How Does it Work?<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/gigapro\/blog\/sector-rotation-and-the-economic-cycle-what-is-the-connection\/\">Sector rotation and the economic cycle: what is the connection?<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/gigapro\/blog\/how-to-implement-diversification-for-a-profitable-portfolio\/\">How to Implement Diversification for a Profitable Portfolio<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/gigapro\/blog\/build-a-stronger-investment-portfolio-through-diversification\/\">Build a Stronger Investment Portfolio Through Diversification<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/gigapro\/blog\/diversification-strategies-combining-commodities-and-equities\/\">Diversification Strategies: Combining Commodities and Equities<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/gigapro\/blog\/diversification-strategies-why-spreading-your-risk-matters\/\">Diversification Strategies: Why Spreading Your Risk Matters<\/a><br \/>\n<a href=\"https:\/\/www.gwcindia.in\/gigapro\/blog\/how-to-use-sector-rotation-to-diversify-your-portfolio\/\">How to Use Sector Rotation to Diversify Your Portfolio<\/a><\/p>\n<p><strong>Disclaimer:<\/strong>\u00a0This blog post is intended for informational purposes only and should not be considered financial advice. The financial data presented is subject to change over time, and the securities mentioned are examples only and do not constitute investment recommendations. Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is Benchmark Index in Mutual Funds? When investing in mutual funds, simply looking at returns is not enough. Investors also need to understand whether a fund is performing well compared to the broader market. This is where a benchmark index becomes important. A benchmark index acts like a performance yardstick for mutual funds. It [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":17688,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2,1,38],"tags":[4545,4542,4543,4546,2266,1273,3085,69,4544,4547],"class_list":["post-17687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","category-finance","category-investment","tag-alpha-in-mutual-funds","tag-benchmark-index","tag-benchmark-index-in-mutual-funds","tag-beta-in-mutual-funds","tag-investing-in-mutual-funds","tag-market-capitalization","tag-mutual-fund-scheme","tag-mutual-funds","tag-performance-of-a-mutual-funds","tag-total-return-index"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/17687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/comments?post=17687"}],"version-history":[{"count":1,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/17687\/revisions"}],"predecessor-version":[{"id":17689,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/17687\/revisions\/17689"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/17688"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=17687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=17687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=17687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}