Intraday Borrowing rules allow same day fund borrowing against guaranteed receivables for redemptions, with AMC bearing cost and risk. https://www.taxtmi.com/highlights?id=97714 SEBI prescribes conditions for mutual fund intraday borrowings effective April 1, 2026: AMCs and trustees must approve and publish an intraday borrowing policy; borrowings permitted only to meet repurchase/redemption, interest or IDCW payouts; amount cannot exceed same day guaranteed receivables from specified government, RBI and clearing counterparties (TREPS, reverse repo, G Sec/T bill/SDL/STRIPS proceeds and interest); AMCs must comply with specified schedule provisions and bear any borrowing cost or losses from delayed receivables. Separately, equity oriented index funds and ETFs may borrow for under executed sell trades solely to participate in the Closing Auction Session from the circular's effective date. en-us Sat, 14 Mar 2026 11:58:25 +0530 Sat, 14 Mar 2026 11:58:25 +0530 TaxTMI RSS Generator Intraday Borrowing rules allow same day fund borrowing against guaranteed receivables for redemptions, with AMC bearing cost and risk. https://www.taxtmi.com/highlights?id=97714 SEBI prescribes conditions for mutual fund intraday borrowings effective April 1, 2026: AMCs and trustees must approve and publish an intraday borrowing policy; borrowings permitted only to meet repurchase/redemption, interest or IDCW payouts; amount cannot exceed same day guaranteed receivables from specified government, RBI and clearing counterparties (TREPS, reverse repo, G Sec/T bill/SDL/STRIPS proceeds and interest); AMCs must comply with specified schedule provisions and bear any borrowing cost or losses from delayed receivables. Separately, equity oriented index funds and ETFs may borrow for under executed sell trades solely to participate in the Closing Auction Session from the circular's effective date. Highlights SEBI Sat, 14 Mar 2026 11:58:25 +0530 https://www.taxtmi.com/highlights?id=97714