TaxTMI 
TaxTMI 
Revision of Application Form for Mutual Fund Registration
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.... C and D. 4. In view of the recent overhaul of the SEBI (Mutual Funds) Regulations, 2026 and SEBI Intermediaries Regulations, it has been decided to revise and consolidate the existing forms into a single application form for registration of Mutual Funds. The revised format of Form is enclosed as Annexure A. 5. All other conditions specified in the Master Circular, shall remain unchanged. 6. This Circular is issued in exercise of the powers conferred by Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with SEBI (Mutual Funds) Regulations, 2026, to protect the interest of investors in securities and to promote the development of, and to regulate the securities market. 7. This Circular is available at www.sebi.gov.in under the link "Legal → Circulars". Yours sincerely, Jubin Mehta Deputy General Manager Investment Management Department Annexure A Application for the Grant of Registration of Mutual Fund- Form A Application for In-Principle Approval Part A - Identification and Constitution of the Sponsor S.No Particulars / Requirement Applicant's Response / Status Annex. Ref. 1 ....
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....ion 5(a) [ ] Route 2 - Regulation 5(a) Route 1 - [Regulation 5(a)] S. No Particulars Criteria Compliance details furnished Annex. Ref. 1 Experience Carrying on business in financial services for minimum five years. 2 Net Worth Net worth is positive in each of the immediately preceding five years. 3 Positive Liquid Net Worth Positive liquid net worth is more than the proposed capital contribution of the sponsor in the AMC. 4 Profitability Net profit in financial services business after providing for depreciation, interest and tax in each of the immediately preceding five years 5 Average net annual profit of at least rupees ten crore, after depreciation, interest and tax, from financial services business during the immediately preceding five years. Route 2 - [Regulation 5(a)] S. No Particulars Condition Compliance details furnished with undertaking Annex. Ref. 1 Expe....
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....rd of the company, with name, experience and qualifications of each member. Part F - Database Verification and Regulatory History S.No Particulars / Requirement Applicant's Response/Status Annex. Ref. 13 Database verification and undertaking Provide verification and an undertaking in respect of the following databases, covering the sponsor, its associates, subsidiaries, group companies and their directors: • CIBIL database (both suit-filed and non-suit-filed) • United Nations Security Council (UNSC) Consolidated Sanctions List https://main.un.org/securitycouncil/en/content/unsc-consolidated-list • International Organization of Securities Commissions (IOSCO) Database- https://www.iosco.org/i-scan/ • SEBI Prosecution List - https://www.sebi.gov.in/sebiweb/home/HomeAction.do?doListingAll=yes&cid=14 14 Fit and proper declaration Submit a self-certified "fit and proper person" declaration as per Schedule II of SEBI (Intermediaries) Regulations, 2008, in respect of: • the applicant • the direc....
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....t applicable with a brief reason. S. No Particulars / Requirement Applicant's Response/Status Annex. Ref. 22 Certificate of incorporation Certificate of incorporation of the sponsor entity. 23 Registration as an AIF Where the PE fund is registered in India, the certificate of registration as an Alternative Investment Fund (AIF). 24 Identification as a PE fund (foreign entity) Where the sponsor is a foreign entity or fund, that the entity or fund is identified as a PE fund in its home jurisdiction. 25 Supporting document of experience of a minimum of five (5) years' experience acting as a fund / investment manager and of experience of investing in the financial sector, having managed committed and drawn-down capital of not less than Rs 5,000 crore as on the date of the application to SEBI. 26 Investment activity report Provide investment activity report for last 1 year as per the prescribed definition of committed and drawn-down capital. ....
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....Date: ____________________ Place: ____________________ Company Seal: Stage II - Application for Final Registration of the Asset Management Company (AMC) Draft Articles and Memorandum of Association of AMC and Trustee Company for approval (to be submitted prior to submission of the form for final registration). Part A - Particulars of the AMC S.No Particulars / Requirement Applicant's Response/Status Annex. Ref. 1 Name of the AMC name of the asset management company. 2 Office addresses Address of proposed registered office and the proposed correspondence address. 3 Compliance officer Provide the contact details of the compliance officer. 4 Main object clause Provide an extract of the main object clause permitting the activity of an AMC. 5 Capital structure and shareholding State the proposed capital structure and shareholding pattern, including the break-up of shareholding and the capital infused / contributed. 6 Late....