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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

Compliance reporting formats for Specialized Investment Funds (SIF)

08-Jan-2026 | HO/24/13/12(4)2025-IMD-POD-1/I/2062/2026

SEBI has issued a circular regarding the compliance reporting formats for Specialized Investment Funds (SIF).

By virtue of this circular, SEBI has specified the following:-

1. All the reporting requirements applicable to mutual funds under SEBI (Mutual Funds) Regulations, 1996 and the Master Circular for Mutual Funds shall be applicable to the Specialized Investment Funds (SIF).

2. The format for the Compliance Test Report prescribed under the Format No. 2.B of the Master Circular for Mutual Funds has been modified to include Part IV of the Compliance Test Report specified in Annexure A1 of this circular. This additional reporting requirement is required to be complied with by all the Asset Management Companies.

3. The Trustees/Trustee Companies of Mutual Funds managing SIF are required to additionally report compliance under Clause 72A as part of the Half-Yearly Trustee Report (HYTR) submitted for Mutual Funds. The new inclusion of Clause 72A in the format for the HYTR, as prescribed under Format No. 2.C of the Master Circular for Mutual Funds, has been specified in Annexure A2 of this circular.

Kindly refer to the attached document for more information.

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