Mutual fund regulatory framework updated with consolidated scheme, disclosure, risk and passive fund requirements under new SEBI rules. Comprehensive regulatory framework for mutual funds is consolidated and updated to align existing SEBI circulars with the SEBI (Mutual Funds) Regulations, 2026, effective April 01, 2026. The circular replaces the earlier Master Circular for Mutual Funds dated June 27, 2024, rescinds specified prior circulars, and preserves actions, rights, liabilities, pending applications, proceedings and penalties under the rescinded instruments as if taken under the updated Master Circular. It also requires periodic and continuous reporting by regulated entities and adopts the meaning given in the relevant Regulations for undefined terms.
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Mutual fund regulatory framework updated with consolidated scheme, disclosure, risk and passive fund requirements under new SEBI rules.
Comprehensive regulatory framework for mutual funds is consolidated and updated to align existing SEBI circulars with the SEBI (Mutual Funds) Regulations, 2026, effective April 01, 2026. The circular replaces the earlier Master Circular for Mutual Funds dated June 27, 2024, rescinds specified prior circulars, and preserves actions, rights, liabilities, pending applications, proceedings and penalties under the rescinded instruments as if taken under the updated Master Circular. It also requires periodic and continuous reporting by regulated entities and adopts the meaning given in the relevant Regulations for undefined terms.
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