Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 20 OCTOBER 2026

SEBI Approves New Portfolio Manager Regulations

Argus Partners
Argus Partners
Contributor
Argus Partners

Argus Partners

Argus Partners is a leading Indian law firm with offices in Mumbai, Delhi, Bengaluru, and Kolkata....

View firm profile
Explore more from Argus Partners

Argus Partners maintains offices in Mumbai, New Delhi, and Bengaluru, providing legal services across India's major business centers. The firm operates under strict Bar Council of India guidelines regarding professional conduct and client engagement. Users accessing information about the firm must acknowledge specific terms regarding the non-solicitation nature of the website content.

IndiaLaw Practice Management
Armaan Patkar
Armaan Patkar
Aditi Maheshwari
Aditi Maheshwari
Author LinkedIn connections

The Securities and Exchange Board of India (“SEBI”), at its board meeting on September 24, 2026, approved the SEBI (Portfolio Managers) Regulations, 2026 (“2026 PMS Regulations”), replacing the SEBI (Portfolio Managers) Regulations, 2020 (“2020 Regulations”).

The SEBI board approval follows a stakeholder survey conducted through the Association of Portfolio Managers in India (“APMI”) and a consultation paper issued by SEBI on July 23, 2026 (“Consultation Paper”). The 2026 PMS Regulations aim to develop the portfolio management services industry, ease compliance, consolidate regulatory provisions, simplify language and remove certain redundant provisions.

New investment avenues

Firstly, portfolio managers can now invest client funds in initial public offerings and primary market debt issuances. Subject to prior consent of the client, managers can invest up to 10% (ten percent) of a client’s assets under management (“AUM”) in investment-grade, non-convertible, unlisted debt

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

Delhi High Court: Parties Can Change Their Arbitral Institution Specified In The Arbitration Agreement By Mutual Consent

Argus Partners maintains offices in three major Indian cities - Mumbai, New Delhi, and Bengaluru - providing legal services across the country. The firm's strategic presence in these key metropolitan areas enables comprehensive coverage of India's primary business and commercial centers. Contact information and physical addresses are provided for each location to facilitate client communication and engagement.
IndiaLaw Practice Management
Argus Partners
Argus Partners
Article

Supreme Court Holds That A Trust Is Not A Juristic Person And Cannot Be Arraigned As An Accused In Criminal Proceedings

Argus Partners maintains offices in three major Indian cities - Mumbai, New Delhi, and Bengaluru - providing legal services across the country. The firm's strategic presence in these key metropolitan areas enables comprehensive coverage of India's primary business and commercial centers. Contact information and physical addresses are provided for each location to facilitate client engagement.
IndiaLaw Practice Management
Argus Partners
Argus Partners
Article

Revision to EPF Wage Ceiling: Coverage, Contributions and the September Transition

The Indian government has raised the EPF wage ceiling from Rs. 15,000 to Rs. 25,000 per month, effective mid-September 2026, creating immediate compliance questions for employers. How should contributions be calculated for the transition month when the change takes effect partway through the wage period, and what treatment applies to employees who become newly covered versus those already enrolled?
IndiaEmployment and HR
Argus Partners
Argus Partners
Article

Overview Of The Consumer Protection (E-Commerce) (Amendment) Rules, 2026

Argus Partners maintains offices in Mumbai, New Delhi, and Bengaluru, providing legal services across India's major business centers. The firm operates under strict Bar Council of India regulations that prohibit solicitation and advertising, with this website serving purely informational purposes. Users must acknowledge that no attorney-client relationship is created through website access and should seek independent legal advice for specific matters.
IndiaCorporate/Commercial Law
Argus Partners
Argus Partners
Article

Cracking The Code II: The New Central Labour Rules At A Glance

India's Ministry of Labour and Employment has formally notified the central rules under four Labour Codes, introducing significant changes to wage computation, social security benefits, industrial relations frameworks, and occupational safety standards. These rules operationalise India's consolidated labour law framework with digital-first compliance, inclusive welfare infrastructure, and enhanced protections for women, transgender persons, and contract workers.
IndiaEmployment and HR
Argus Partners
Argus Partners
Article

GOBARdhan: India's National Unified Scheme For Compressed Biogas

India's compressed biogas (CBG) sector is poised for significant expansion through the GOBARdhan Scheme, a Rs. 237 billion initiative spanning 2026-2036. The scheme introduces six strategic components including assured offtake mechanisms, stable pricing frameworks, capital assistance, pipeline infrastructure development, credit guarantees, and ecosystem support funds. What opportunities does this comprehensive policy framework create for domestic and international investors seeking to participate in India's
IndiaEnergy and Natural Resources
Argus Partners
Argus Partners
Article

Supreme Court Clarifies Exceptional Scope Of Relief Under Section 9 Pending Challenge To Arbitral Award

Argus Partners maintains offices in three major Indian cities - Mumbai, New Delhi, and Bengaluru - providing legal services across the country. The firm's strategic presence in these key metropolitan areas enables comprehensive coverage of India's primary business and commercial centers. Contact information and physical addresses are provided for each location to facilitate client engagement.
IndiaLitigation, Mediation & Arbitration
Argus Partners
Argus Partners
Article

Foreign Exchange Management (Non-debt Instruments) (Fourth Amendment) Rules, 2026

Argus Partners maintains offices in Mumbai, New Delhi, and Bengaluru, providing legal services across India's major business centers. The firm operates under strict Bar Council of India regulations regarding solicitation and advertising, requiring users to acknowledge specific disclaimers before accessing information. Contact details and physical addresses are provided for each office location.
IndiaCorporate/Commercial Law
Argus Partners
Argus Partners