Sebi has proposed changes to non-benchmark indices like Bankex, Banknifty, and Finnifty, expanding individual stock weights. The regulator capped the top constituent’s weight at 20% and the top three at 45%, with at least 14 constituents. These adjustments aim to enhance transparency and reduce single-stock risk in index derivatives.
Aditya Birla Sun Life Mutual Fund suspends fresh subscription in 3 international funds
Aditya Birla Sun Life Mutual Fund has suspended fresh subscriptions in three international funds from September 24, 2026, after briefly reopening them. Existing systematic transactions