SEBI Investment Management Department

Sat, 16 May 2026 00:00:00 +0000

The Investment Management Department (IMD) is the operational department of the Securities and Exchange Board of India (SEBI) responsible for regulating and supervising collective investment vehicles and investment-management intermediaries in India. The department is the nodal SEBI unit for mutual funds, portfolio managers, investment advisers, alternative investment funds (AIFs), venture capital funds, real estate investment trusts (REITs), and infrastructure investment trusts (InvITs). It is constituted within SEBI under the authority of the SEBI Act, 1992 , reports to the Executive Director (Investment Management), and is headquartered in Mumbai with operational presence at SEBI’s regional offices in Delhi, Kolkata, Chennai, and Ahmedabad.

Securities and Exchange Board of India Act, 1992

Tue, 12 May 2026 00:00:00 +0000

The Securities and Exchange Board of India Act, 1992 (Act No. 15 of 1992) is the parliamentary statute that constituted the Securities and Exchange Board of India (SEBI) as a statutory regulatory authority for the Indian securities market. Enacted on 4 April 1992 and brought into force with retrospective effect from 30 January 1992, the Act replaced the executive notification regime under which SEBI had operated since 12 April 1988 and conferred on the Board a tripartite mandate: to protect the interests of investors in securities, to promote the development of the securities market, and to regulate the securities market. The statute contains 35 substantive sections across seven chapters, together with later amendments that have progressively widened the Board’s investigative, adjudicatory, and recovery powers.

Securities Law on WebNotes

SEBI Investment Management Department

Securities and Exchange Board of India Act, 1992