Sebi proposes a threshold of Rs 20,000 crore to consider a benchmark as ‘significant indices’

Markets regulator Securities and Exchange Board of India (Sebi) has proposed an assets under management (AUM) threshold of Rs 20,000 crore for a benchmark or index to be considered ‘significant indices’.This move follows internal deliberations and discussions with the Association of Mutual Funds in India (AMFI) with a view to promoting transparency and accountability in […]