Sebi classifies 'significant indices' based on Rs 20,000-cr AUM threshold
Sebi has introduced a new framework classifying indices as 'significant' if mutual funds track them with over Rs 20,000 crore in daily average AUM for six consecutive months. This move aims to boost transparency and accountability in index governance. Index providers offering these significant indices must now register with Sebi.
Sebi has introduced a new framework classifying indices as 'significant' if mutual funds track them with over Rs 20,000 crore in daily average AUM for six consecutive months. This move aims to boost transparency and accountability in index governance. Index providers offering these significant indices must now register with Sebi.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
