Alerts & Updates 10th Mar 2026

SEBI Revamps and Replaces Its 30-Year-Old Regulations for Mutual Funds

Authors

Vinod JosephPartner | Mumbai
Zaynali BadamiAssociate | GIFT City

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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.

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