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SEBI (Mutual Funds) Regulations, 1996

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

SEBI (Mutual Funds) Regulations, 1996 are the principal statutory instrument governing the establishment, registration, operation, and winding-up of mutual funds in India. Notified by the Securities and Exchange Board of India (SEBI) on 9 December 1996 and published in the Gazette of India (Extraordinary) Part III, Section 4, the Regulations superseded the earlier SEBI (Mutual Funds) Regulations, 1993. Framed under sections 30 and 11(2)(g) of the SEBI Act, 1992, they establish a three-tier principal structure, sponsor, trustee, and asset management company (AMC), and prescribe the minimum conditions for every aspect of the mutual fund life-cycle: registration, scheme launch, investment restrictions, valuation, disclosure, and investor protection. As of May 2026, the Regulations have been amended more than 70 times, with landmark amendments introduced in 1998, 2011, 2014, 2017, 2018, 2020, 2021, 2022, 2023, and 2024.

Trust as MF investor

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

A trust as a mutual fund investor refers to any public or private trust constituted under the Indian Trusts Act, 1882, or under state public charitable trust legislation, that invests corpus or surplus funds in units of SEBI-registered mutual fund schemes. Trusts are a common vehicle for long-term wealth preservation in India, and their investment activity in mutual funds is governed by the trust deed, applicable law, and the investment guidelines issued by the Income Tax Department for registered trusts.

Zerodha trust account

Mon, 11 May 2026 00:00:00 +0000

Zerodha trust account is a trading and demat account opened in the name of a trust by Zerodha for managing the trust’s corpus or investable surplus in Indian financial markets. A trust in India is a legal arrangement whereby a settlor (the person creating the trust) transfers property to one or more trustees to hold for the benefit of specified beneficiaries, in accordance with the Indian Trusts Act, 1882 (for private trusts) or applicable public trust legislation (for charitable and religious trusts). Trusts are widely used for family wealth management, charitable endowments, and philanthropic activities.