Fund manager limits in mutual funds

Tue, 19 May 2026 00:00:00 +0000

SEBI’s fund manager limits framework caps the number of schemes a single fund manager can simultaneously manage. The framework ensures adequate attention per scheme and reduces the concentration risk of having one individual responsible for too many funds.

For Indian retail investors, the framework is rarely directly visible but matters because:

A fund manager managing 10+ schemes has less time per scheme.
Concentration of multiple schemes under one manager can reflect AMC organisational depth (or lack thereof).
Manager-departure risk is elevated when one person runs many AMC schemes.

Framework

SEBI limits

Per SEBI guidelines:

Limits on WebNotes

Fund manager limits in mutual funds

Framework

SEBI limits