TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Sets New Norms for Debt ETFs and Index Funds: Minimum 8 Issuers, Rebalancing Rules, Compliance in 3 Months.</h1> The circular issued by the Securities and Exchange Board of India (SEBI) outlines norms for Debt Exchange Traded Funds (ETFs) and Index Funds. Key requirements include having a minimum of eight issuers in the index, with no single issuer exceeding a 15% weight. The index constituents must be investment grade, and the funds must replicate the index fully, with specific allowances for deviations. Rebalancing is required within five working days if credit ratings fall below investment grade. The norms apply to all existing and upcoming Debt ETFs/Index Funds, except those tracking indices with only Government Securities, Treasury Bills, and Tri-party Repo. Compliance is mandatory within three months.
TaxTMI 
TaxTMI 
