SEBI compliance audit for mutual funds

Sat, 16 May 2026 00:00:00 +0000

A SEBI compliance audit for a mutual fund asset management company (AMC) is a formal regulatory examination conducted by the Securities and Exchange Board of India or by a SEBI-empanelled independent auditor, assessing whether the AMC, its schemes, and the Board of Trustees are adhering to the SEBI Mutual Funds Regulations 1996 , SEBI circulars, and AMFI guidelines. The audit framework is structurally important to the operational integrity of the Indian mutual-fund industry, serving as the principal regulatory verification mechanism for AMC-level compliance with the substantive operational, investment-restriction, disclosure, and investor-protection requirements established under the SEBI Act 1992 and the broader SEBI regulatory framework.

Regulation 44 on WebNotes

SEBI compliance audit for mutual funds