CAMEO+ eventECONOMIC2026-05-06馃嚠馃嚦
SEBI classifies 'significant indices' using Rs 20,000 crore AUM threshold
source: Securities and Exchange Board of India (Sebi) -> target: index providers and mutual fund benchmark users
On 2026-05-06, India's markets regulator Sebi issued a circular classifying an index as a 'significant index' if mutual fund schemes benchmark it with daily average cumulative AUM above Rs 20,000 crore for the preceding six months. The framework aims to improve transparency and accountability in index governance, and requires providers of such indices to register with Sebi.
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