1. Freeze the facts
Record the entity, security or product, transaction, decision-maker, counterparty, amount and event date.
SEBI Hub › Mutual Funds 2026 › Transition and amendment control
Finin2min Summary — in 2 Minutes
Decision: Map the move from the 1996 regime, the 1 April 2026 commencement and the 7 July 2026 intraday-borrowing amendment.
Legal owner and source control
How to apply this control
2. Locate the provision
Open the official consolidated Regulation and identify the exact numbered provision, proviso, explanation and Schedule.
3. Add subordinate implementation
Map the current Master Circular, later circular, exchange/depository specification and filing format without treating them as the Regulation itself.
4. Preserve evidence
Transition matrix, circular concordance, policy change log and effective-date testing.
Evidence checklist
- Applicable legal version and amendment date.
- Named business and compliance owner.
- Approval, filing, acknowledgement and communication trail.
- Maker-checker, exception and escalation evidence.
- Post-event reconciliation and breach assessment.
Common failure
Avoid: Applying a new requirement before its effective date or preserving an old control after it ceased to govern.
Finin2min Q&A
Is this page the legal text?
No. It is an implementation guide. Use the official SEBI consolidated Regulation for the exact wording and numbering.
Does a successful exchange or portal filing prove compliance?
No. Acceptance proves a system transaction; it does not cure wrong applicability, approvals, disclosures, timing or evidence.
What should be checked after an amendment?
Effective date, saved actions, forms, policies, system rules, open transactions, board approvals and investor/client communications.