<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Fit and Proper on WebNotes</title><link>https://v2.webnotes.in/tags/fit-and-proper/</link><description>Recent content in Fit and Proper on WebNotes</description><generator>Hugo</generator><language>en-IN</language><lastBuildDate>Sun, 17 May 2026 00:00:00 +0000</lastBuildDate><atom:link href="https://v2.webnotes.in/tags/fit-and-proper/index.xml" rel="self" type="application/rss+xml"/><item><title>SEBI MF sponsor and AMC eligibility conditions</title><link>https://v2.webnotes.in/sebi-mf-eligibility-conditions/</link><pubDate>Sun, 17 May 2026 00:00:00 +0000</pubDate><guid>https://v2.webnotes.in/sebi-mf-eligibility-conditions/</guid><description>&lt;p&gt;The &lt;strong&gt;SEBI MF sponsor and AMC eligibility conditions&lt;/strong&gt; are the regulatory criteria under the &lt;strong&gt;SEBI (Mutual Funds) Regulations, 1996&lt;/strong&gt; that any entity seeking to establish a mutual fund in India must meet. The framework establishes minimum standards for the &lt;strong&gt;sponsor entity&lt;/strong&gt; (which initiates the mutual fund through a trust structure), the &lt;strong&gt;Asset Management Company (AMC)&lt;/strong&gt; (which operates the schemes), and the &lt;strong&gt;Trustee Company&lt;/strong&gt; (which fiduciarily protects unitholders). The eligibility conditions cover &lt;strong&gt;net-worth requirements&lt;/strong&gt;, &lt;strong&gt;track-record criteria&lt;/strong&gt;, &lt;strong&gt;fit-and-proper standards&lt;/strong&gt;, &lt;strong&gt;operational capacity&lt;/strong&gt;, and &lt;strong&gt;personnel qualifications&lt;/strong&gt;.&lt;/p&gt;</description></item><item><title>SEBI mutual fund sponsor eligibility rules (India)</title><link>https://v2.webnotes.in/sebi-mf-sponsor-eligibility/</link><pubDate>Tue, 12 May 2026 00:00:00 +0000</pubDate><guid>https://v2.webnotes.in/sebi-mf-sponsor-eligibility/</guid><description>&lt;p&gt;&lt;strong&gt;SEBI mutual fund sponsor eligibility rules&lt;/strong&gt; prescribe the minimum financial, managerial, and ethical qualifications that an entity must satisfy to sponsor a &lt;a href="https://v2.webnotes.in/mutual-fund/"&gt;mutual fund&lt;/a&gt;
 in India. The sponsor is the entity that establishes the mutual fund, provides the initial capital to the asset management company (AMC), and bears ultimate accountability for the fund&amp;rsquo;s constitution. Sponsor eligibility is governed by Regulations 7 to 9 of the &lt;a href="https://v2.webnotes.in/sebi-mutual-funds-regulations-1996/"&gt;SEBI (Mutual Funds) Regulations, 1996&lt;/a&gt;
, supplemented by SEBI&amp;rsquo;s &amp;ldquo;fit and proper&amp;rdquo; criteria framework and amended most recently in 2021 to 2022 to accommodate new entrants including fintech-backed sponsors. The &lt;a href="https://v2.webnotes.in/sebi-investment-management-department/"&gt;SEBI Investment Management Department&lt;/a&gt;
 evaluates all sponsor applications.&lt;/p&gt;</description></item></channel></rss>