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

SEBI issues master circular on SEBI (Mutual Funds) Regulations, 2026

20-Mar-2026 | HO/24/13/11(1)2026-IMD-POD-1/I/7602/2026

SEBI has issued a master circular on the SEBI (Mutual Funds) Regulations, 2026, effective from 01st April 2026.

Key Highlights of the Master Circular :
1. The Mutual Funds shall prepare SID and SAI as per the formats provided under Format No. 5A and 5B in the document.
2. SAI shall be updated within 3 months from the end of the financial year and filed with SEBI.
3. AMCs shall adhere to the format of Standard Observations as prescribed under Format No. 6A and 6B in the document.
4. Application forms for schemes of mutual funds shall be accompanied by the KIM in terms of Regulation 26 and in line with the Format No. 5C.
5. All applications for registration of a Mutual Fund are required to be made through the SEBI Intermediary Portal only.
6. New Fund Offers (NFOs) must remain open for a minimum of 3 working days and a maximum of 15 days, ensuring quicker fund launches.


Kindly refer to the attached document for more information.

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