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ARTICLE · 02 JULY 2024

Mutual Funds Regulations- SEBI Proposes Amendments

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Among Indians, mutual funds remain the preferred investment when it comes to investing and developing investment portfolio.

IndiaFinance and Banking
Rupin Chopra
Rupin Chopra
Apalka Bareja
Apalka Bareja
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Introduction

Among Indians, mutual funds1 remain the preferred investment when it comes to investing and developing investment portfolio. Assets Under Management (AUM) of Indian Mutual Fund Industry as on April 30, 2024 stood at ₹ 57,25,898 crore. The AUM of the Indian MF Industry has grown from ₹9.45 trillion as on April 30, 2014 to ₹57.26 trillion as on April 30, 2024 more than 6 fold increase in a span of 10 years.2

The market regulator of India every now and again contrives to enhance transparency, protect investor's interest and promote the healthy functioning of the mutual funds industry. The Securities and Exchange Board of India (SEBI) recently approved revisions to the SEBI (Mutual Funds) Regulations, 1996, which aims to improve the regulatory environment for Asset Management Companies (AMCs)3. Following the market regulator's recent observations, these amendments require AMCs to implement institutional safeguards to combat potential market

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