Indices with over ₹20,000 crore in AUM to be called significant indices: SEBI
Securities and Exchange Board of India (SEBI). File Securities and Exchange Board of India (SEBI) specified that a Benchmark or Index that mutual fund tracks is ‘significant index’ if it has an AUM beyond ₹20,000 crore, in a circular released 6 May 2026. The threshold will be tested every six months, the capital market watchdog…

