SEBI (Mutual Funds) Regulations, 1996

SEBI (Mutual Funds) Regulations, 1996 were notified on May 31, 1993. These regulation deals with the registration, constitution and management of mutual funds and operation of trustees, the constitution and management of asset management company and custodian, schemes of mutual funds, investment objectives and valuation policies, general obligations, inspection and audit, procedures for action in case of default etc.

You may find interesting

These two rollouts of “[at]valid Handle” and “SEBI Check” are expected to significantly enhance investor protection by curbing fraudulent money collections by unregistered entities.

SEBI promotes standardised reporting, savings of over Rs. 200 crore over 5 years, 90 percent reduction in reporting requirements for Brokers or Members, lower cost of entry for new fintech.

History comes alive. Watch an interesting discussion of Mr. Pratip Kar, SEBI‘s longest serving Executive Director with Ms. Latha Venkatesh of CNBC. It is a rare insider‘s account of SEBI‘s origin, its initial struggles, its battles against major market scams, lots of untold stories and a candid take on its landmark successes you don‘t want to miss.