SEBI (Mutual Funds) Regulations 1996

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

The SEBI (Mutual Funds) Regulations 1996 are the foundational regulatory framework governing every mutual fund in India. Issued by the Securities and Exchange Board of India under Section 30 of the SEBI Act 1992 and notified on 9 December 1996, these regulations have governed the entire Indian mutual fund industry continuously since they replaced the earlier mutual fund framework administered through SEBI’s general directions. The regulations establish the three-tier sponsor-trustee-AMC structure that has remained the structural foundation of the industry through subsequent reforms.

Mutual Funds Regulations on WebNotes

SEBI (Mutual Funds) Regulations 1996