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        SEBI

        Regulation 14 - Agreement with custodian

        Securities and Exchange Board of India (Mutual Funds) Regulations, 2026
        Chapter III
        ESTABLISHMENT OF TRUST AND ROLE OF TRUSTEES

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        Mutual fund custodian agreements must be entered after trustees' approval and include necessary operational clauses. Mutual funds must enter into a custodian agreement after trustees approve the service contract and terms of appointment; the agreement must include clauses necessary for the efficient and orderly conduct of the custodian's affairs.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Mutual fund custodian agreements must be entered after trustees' approval and include necessary operational clauses.

                                Mutual funds must enter into a custodian agreement after trustees approve the service contract and terms of appointment; the agreement must include clauses necessary for the efficient and orderly conduct of the custodian's affairs.


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