Description
Updated list of 42 ETFs eligible for cross margin benefits effective August 29, 2025, with minimum quantity requirements.
Summary
NSE Clearing Limited has issued a revised list of 42 Exchange Traded Funds (ETFs) eligible for cross margin benefits, effective August 29, 2025. This replaces the previous list issued on July 30, 2025, and specifies minimum quantity requirements for each eligible ETF.
Key Points
- 42 ETFs are now eligible for cross margin benefits
- Each ETF has specific minimum quantity requirements ranging from 500 to 65,000 units
- Popular ETFs include NIFTYBEES (7,500 units), BANKBEES (3,000 units), and ITBEES (10,000 units)
- Cross margin facility allows offsetting positions across different segments
- BFSI ETF has the highest minimum quantity requirement at 65,000 units
- INFRABEES has the lowest minimum quantity requirement at 500 units
Regulatory Changes
This circular updates the previous cross margin eligible ETF list issued via circular 0223/2025 dated July 30, 2025. The revised list includes specific minimum quantity requirements for each ETF to qualify for cross margin benefits.
Compliance Requirements
- Members must ensure minimum quantity requirements are met for cross margin benefits
- Positions below minimum quantities will not be eligible for cross margin treatment
- Members should update their systems and procedures to reflect the new list
Important Dates
- Effective Date: August 29, 2025
- Circular Date: August 26, 2025
- Previous Circular Reference: July 30, 2025 (Circular 0223/2025)
Impact Assessment
This update provides clarity on ETF eligibility for cross margin benefits, potentially improving capital efficiency for traders dealing with multiple ETF positions. The specific minimum quantity requirements help standardize risk management practices across different ETF categories, from broad market indices to sector-specific funds.
Impact Justification
Affects margin requirements for ETF trading but is routine operational update