Relaxation in mutual fund compliance extends implementation deadlines and reporting timelines under SEBI powers to accommodate disruptions. SEBI extended implementation deadlines for three mutual fund policy measures-liquid asset minimums for liquid funds, revised sector exposure limits for existing open ended schemes, and the change from amortisation based valuation for money market and debt securities-to a later uniform date. It also extended timelines for submission of cybersecurity audit reports and for filing mutual fund scheme annual reports for 2019-20. These relaxations are issued under Section 11(1) of the SEBI Act read with Regulation 77 of the Mutual Funds Regulations, 1996.