https://www.taxtmi.com/circulars?id=59086 Equity ETFs and Index Funds must track indices with a minimum of 10 stocks, single-stock weight caps (35% for sectoral/thematic indices; 25% otherwise), and a top-three constituents cumulative cap of 65%. Each constituent must have trading frequency 80% and average impact cost 1% over the prior six months. Issuers must ensure compliance for all equity-tracking schemes, evaluate quarterly, publish updated constituents on their websites, bring existing schemes into compliance within three months, and submit compliance status for schemes pending launch. en-us Thu, 10 Jan 2019 00:00:00 +0530 Fri, 11 Jan 2019 18:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59086 Equity ETFs and Index Funds must track indices with a minimum of 10 stocks, single-stock weight caps (35% for sectoral/thematic indices; 25% otherwise), and a top-three constituents cumulative cap of 65%. Each constituent must have trading frequency 80% and average impact cost 1% over the prior six months. Issuers must ensure compliance for all equity-tracking schemes, evaluate quarterly, publish updated constituents on their websites, bring existing schemes into compliance within three months, and submit compliance status for schemes pending launch. Circulars SEBI Thu, 10 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59086