Sebi proposes framework for 'Significant Indices' to improve governance of index providers
The regulator defined “Significant Indices” as those administered by an index provider and used as benchmarks by domestic mutual fund schemes with cumulative AUM of more than ₹20,000 crore.
The regulator defined “Significant Indices” as those administered by an index provider and used as benchmarks by domestic mutual fund schemes with cumulative AUM of more than ₹20,000 crore.
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