Mutual Fund Regulations Review: SEBI’s Overhaul Plan
Why in the news
SEBI started rewriting its MF framework to be investor-centric and easier for industry.
Key facts
- Current MF rules are among the lengthiest in securities law and lag behind investor behaviour, technology and growth.
- Draft regulations will be consulted on before finalisation.
| Focus | Direction |
|---|---|
| Investor-centric | Protection, disclosure, better advice |
| Ease of business | Simpler AMC compliance |
| Advisory | Suitability and advice quality |
Significance
- Mutual funds seen as a core pillar of inclusive growth and retail participation.
Exam angle
- Regulator: SEBI.
- Terms: AMC, consultation paper.