Modification of the Trading Member / FII / Mutual Fund position limits for stock based exchange traded derivative contracts

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....     2. All Registered FII and Custodians     3. All Mutual Funds registered with SEBI     4. Association of Mutual Funds in India. Dear Sir, Sub: Modification of the Trading Member / FII / Mutual Fund position limits for stock based exchange traded derivative contracts 1.    This circular is in partial modification of SE....

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....whichever is lower and within which stock futures position cannot exceed 10% of applicable MWPL or Rs. 150 crores, whichever is lower. II.      For stocks having applicable market-wise position limit (MWPL) less than Rs. 500 crores, the combined futures and options position limit would be 20% of applicable MWPL and futures position cannot exceed 20% of applicable MWPL o....