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SEBI Clears Two New Index Funds for December Launch
SEBI approved two new index funds, expanding passive investment options amid rising SIP flows and wider retail demand for rule-based portfolios.
SEBI has approved two index funds Axis BSE India Sector Leader Index Fund and Nifty Capital Markets Index Fund giving investors more passive options as thematic exposure gains traction. Both funds align with increasing interest in diversified, rule based portfolios and aim to broaden retail participation.