Description

Revision of Market Wide Position Limits (MWPL) for stock derivatives contracts in HDFC Asset Management Company Limited, effective November 26, 2025.

Summary

BSE has revised the Market Wide Position Limits (MWPL) for stock derivatives contracts in HDFC Asset Management Company Limited (Scrip Code: 541729). This revision follows notice No. 20250919-27 dated September 19, 2025, and partially modifies circular no. 20231229-46 dated December 29, 2023. The new limits apply to Stock Brokers, Foreign Portfolio Investors (FPIs) Categories I & II, and Mutual Funds.

Key Points

  • Scrip Code: 541729 - HDFC Asset Management Company Limited
  • Market Wide Limit: 3,05,18,916 shares
  • Client/NRI/Scheme of Mutual Fund limit: 30,51,750 shares
  • Trading Member Proprietary limit: 61,03,650 shares
  • TM (Proprietary + Client)/FPI (Cat I)/MF limit: 91,55,550 shares
  • Effective date: November 26, 2025

Regulatory Changes

This circular partially modifies circular no. 20231229-46 dated December 29, 2023, which established the framework for Market Wide Position Limits in stock derivatives. The revision updates the specific position limits for HDFC Asset Management Company Limited based on recent assessments.

Compliance Requirements

  • Stock Brokers must adhere to the revised position limits for their proprietary trading and client positions
  • Foreign Portfolio Investors (Categories I & II) must comply with the updated limits
  • Mutual Funds must ensure their derivative positions in HDFC AMC do not exceed the specified limits
  • All participants must implement the new limits starting November 26, 2025
  • For clarifications, contact ICCL Risk Monitoring team (Mr. Neil Chakalakkal: 2272 8902, Mr. Sahil Shah: 2272 8614, email: risk.monitoring@icclindia.com)

Important Dates

  • Circular Date: November 25, 2025
  • Effective Date: November 26, 2025

Impact Assessment

The revised MWPL limits for HDFC Asset Management Company Limited will impact trading strategies and risk management frameworks for stock brokers, FPIs, and mutual funds dealing in HDFC AMC derivatives. Participants must review their existing positions to ensure compliance with the new limits before November 26, 2025. The changes reflect updated risk parameters and market conditions for this specific security. Entities holding positions near or above the new limits will need to adjust their portfolios accordingly.

Impact Justification

Updates position limits for derivatives trading in HDFC AMC stock, affecting stock brokers, FPIs, and mutual funds. Medium impact as it only affects one scrip but involves multiple participant categories.