Alerts & Updates 10th Mar 2026
In January 2026, SEBI notified the SEBI (Mutual Funds) Regulations, 2026, representing a comprehensive recast of the mutual fund regulatory framework and effectively replacing the previous set of regulations which have been in place since 1996. The new regulations are the culmination of SEBI’s consultation processes and aim to streamline, modernise and risk-align the regime for a much larger and more complex mutual fund industry.The 2026 Regulations mark a once-in-a-generation overhaul of India’s mutual fund regime, replacing the 1996 framework with a more coherent, technology-neutral and risk-sensitive architecture. Overall, the 2026 Regulations balance ease of doing business with robust investor protection, positioning the mutual fund industry for scalable, transparent and well-governed growth.
In this update, we have compared the 1996 Regulations with the 2026 Regulations, focusing on aspects in which the 2026 Regulations significantly differ from the 1996 Regulations.
As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.