What is Sebi's proposed AUM threshold for market indices?

Sebi has proposed a ₹20,000 crore cumulative AUM threshold for market indices to be considered significant and fall under its regulatory oversight.

Which market indices will be regulated by Sebi?

Market indices tracked by domestic mutual funds with over ₹20,000 crore in AUM will be designated 'significant indices' and thus regulated by Sebi.

When will Sebi's new index regulations take effect?

The proposal is open for public comments until February 10, 2026, after which Sebi will finalize the regulations and registration requirements.

Home / Business and Economy / Sebi Proposes ₹20K Cr AUM Threshold for Index Oversight

Sebi Proposes ₹20K Cr AUM Threshold for Index Oversight

19 Jan

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Summary

Sebi proposes a ₹20,000 crore AUM threshold for index oversight.
Significant indices will require registration with Sebi.
Public comments on the proposal are due by February 10, 2026.

Sebi Proposes ₹20K Cr AUM Threshold for Index Oversight

The Securities and Exchange Board of India (Sebi) is set to enhance regulatory oversight for key market indices by proposing a financial threshold. Indices tracked by domestic mutual funds with cumulative assets under management (AUM) exceeding ₹20,000 crore will be designated as "significant indices" under new 2024 regulations.

This move aims to bolster transparency and accountability in index governance. The AUM assessment will occur semi-annually, with the first identification of 47 "significant indices" by June 30, 2025. Providers of these indices, including major benchmarks like the BSE Sensex and Nifty 50, must apply for Sebi registration.

Index providers regulated by the Reserve Bank of India will be exempt. Subscribers to Sebi-registered significant indices will have access to a grievance redressal mechanism. Public feedback on this proposal is currently being accepted until February 10, 2026.