Resident individual MF investor

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

A resident individual mutual fund investor is a natural person who is a tax resident of India within the meaning of Section 6 of the Income Tax Act, 1961, and who invests in units of a mutual fund registered with the Securities and Exchange Board of India (SEBI). Resident individuals constitute the largest and most heterogeneous category of mutual fund investors in India, accounting for the majority of retail assets under management (AUM) across equity, debt, and hybrid schemes. Their participation is governed by the SEBI (Mutual Funds) Regulations, 1996, AMFI guidelines, and the relevant provisions of the Income Tax Act, 1961.

Mutual Fund Investor on WebNotes

Resident individual MF investor