SEBI issues Master Circular for Mutual Funds
For effective regulation of the Mutual Fund Industry, Securities and Exchange Board of India (SEBI) has been issuing various circulars from time to time.
In order to enable the industry and other users to have an access to all the applicable circulars at one place, SEBI has issued this Master Circular for Mutual Funds.
This Master Circular includes circulars issued upto March 31, 2020. Temporary relaxations with regards to certain compliance requirements for mutual funds in the wake of the COVID-19 pandemic were provided vide SEBI Circular No.SEBI/HO/IMD/DF3/CIR/P/2020/47 dated March 23, 2020, which may be referred to for the same
The Circular contains the following Chapters:
1. Offer documents for Schemes
2. Conversion and consolidation of schemes and launch of additional plan
3. New Products
4. Risk Management System
5. Disclosures & reporting norms
6. Governance norms
7. Secondary market issues
8. Net asset value
9. Valuation
10. Loads, fees and expenses
11. Dividend distribution procedure
12. Investment by schemes
13.Investment by foreign investors in mf schemes
14. Advertisements
15. Investor rights & obligations
16. Certification and registration of intermediaries
17. Transaction in mutual funds units
18. Miscellaneous
Download SEBI Master Circular on Mutual Funds Click Here >>
Empanelment to act as ICAI exam observers for January 2027 CA Examination. Last date to apply is 20.11.2026 Empanelment of…
No arrest under GST- Major decision taken in 57th Meeting of the GST Council on 8th October 2026 PRESS RELEASE…
A subsequent Apex Court ruling on the substantive issue cannot retrospectively make an act done in compliance of a binding…
Interest payment on mobilisation advance to NHAI not liable for deduction of tax at source u/s 194A - ITAT Interest…
Typographical error in turnover declared in ITR was not as a mistake apparent from the record u/s 154 when AO…
Ground taken by assessee that he was not aware of the order cannot be brushed aside so lightly in absence…