SEBI sets ₹20,000 crore mutual fund AUM rule to classify significant indices
The Securities and Exchange Board of India (SEBI) has issued a circular clarifying what qualifies as “significant indices” under its Index Providers Regulations, 2024, and outlining compliance requirements for index providers. SEBI said the regulations apply only to index providers that administer indices made up of securities listed on recognised stock exchanges in India and…
