https://v2.webnotes.in/categories/audit-and-assurance/Recent content in Audit and Assurance on WebNotesHugoen-INWed, 13 May 2026 00:00:00 +0000https://v2.webnotes.in/mutual-fund-auditor/Wed, 13 May 2026 00:00:00 +0000https://v2.webnotes.in/mutual-fund-auditor/<p>The <strong>mutual fund auditor (India)</strong> is the independent chartered accountant firm appointed by the trustees of a mutual fund, with the prior approval of the Securities and Exchange Board of India, to conduct the annual statutory audit of the financial statements of each scheme. The role is constituted under Regulation 55 and the Eleventh Schedule of the <a href="https://v2.webnotes.in/sebi-mutual-funds-regulations-1996/">SEBI (Mutual Funds) Regulations, 1996</a> , framed under the <a href="https://v2.webnotes.in/sebi-act-1992/">SEBI Act, 1992</a> , and overlays the parallel statutory audit of the asset management company under the Companies Act, 2013.</p>