The Securities and Exchange Board of India (SEBI) has public comments on proposed amendments to the SEBI (Mutual Funds) Regulations, 1996. The proposals emerged after consultation with the Association of Mutual Funds in India and the responses received after a review of asset management companies’ and .
The proposed amendment seeks to simplify regulatory language, remove redundant provisions and ambiguities, as well as increase the overall understanding of the regulations.
Existing regulations were found to be comprehensive and voluminous due to several amendments and revisions over the years. Requests for easier compliance and regulatory clarity was high during consultations. The proposed new regulations are expected to bring automation, digitisation, tabular format of information, revision of charges, and clarity and transparency.
A differential expense ratio has also been proposed for consideration.
Proposed changes include digital submission of annual reports by asset management companies, mandating one meeting every three months and a minimum of four per year, incorporating the Supreme Court’s decision in (2022), and bringing mutual funds under the protection of insider trading rules.
Comments can be submitted or via email at peterm@sebi.gov.in or gopikaj@sebi.gov.in by 17 November 2025.
