Compliance audit report for mutual funds

Mon, 18 May 2026 00:00:00 +0000

The compliance audit report is a third-party-auditor certification that a mutual fund AMC has complied with SEBI regulations during the financial year. The report is mandated by SEBI under the SEBI (Mutual Funds) Regulations 1996 and provides external verification of AMC compliance distinct from the scheme-level statutory audit (which focuses on financials).

For Indian retail investors, the compliance audit report complements the SEBI half-yearly trustee report by providing an external auditor’s view on AMC compliance, alongside the trustee’s internal-governance view.

Compliance Audit on WebNotes

Compliance audit report for mutual funds