AMFI: No proposal to Sebi to launch new benchmark index
Oct 15 2020
News Category: Industry Update
According to media reports, AMFI has clarified that it has neither written to SEBI proposing introduction of dedicated index for MFs nor requested the market regulator to put a cap on stock weightage in index composition. Recently, there has been a speculative report in a section of media about AMFI proposing to SEBI to launch a new benchmark index for mutual funds.