Current legal position
Current replacement regime; operative from 1 April 2026 and last amended on 7 July 2026.
Source review: 7 July 2026
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Publication control:
noindex,follow. The official consolidated Regulation is controlling. The table below maps the current professional control guides; it is not a verbatim reproduction or a substitute for the numbered legal text.Official source chain
Closure status
SOURCE ANCHORED
Principal current source and grouped control map linked. Full regulation-by-regulation proviso, explanation, footnote and Schedule extraction remains open.
Grouped numbered-control map
| # | Control route | Decision purpose | Numbered anchors recorded in current guide |
|---|---|---|---|
| 1 | Scope, commencement and definitions | Establish the scheme, sponsor, trustee, AMC, custodian, investor and transaction class before applying any investment or disclosure rule | Regulations 22(9), 52, 63(9), 66 and 67; Sixth and Seventh Schedules; verify every transaction against the official consolidated instrument |
| 2 | Registration and eligibility | Test sponsor, mutual fund, trustee and AMC eligibility, fit-and-proper status, ownership, infrastructure and continuing conditions | Regulations 22(9), 52, 63(9), 66 and 67; Sixth and Seventh Schedules; verify every transaction against the official consolidated instrument |
| 3 | Governance and responsible persons | Separate sponsor oversight, trustee fiduciary duties, AMC management, custodian independence and committee accountability | Regulations 22(9), 52, 63(9), 66 and 67; Sixth and Seventh Schedules; verify every transaction against the official consolidated instrument |
| 4 | Schemes, activities and restrictions | Map scheme category, permitted investments, borrowing, inter-scheme transfers, derivatives and concentration restrictions | Regulations 22(9), 52, 63(9), 66 and 67; Sixth and Seventh Schedules; verify every transaction against the official consolidated instrument |
| 5 | Investor onboarding and scheme documents | controls, disclosures, nomination and grievance routes | Regulations 22(9), 52, 63(9), 66 and 67; Sixth and Seventh Schedules; verify every transaction against the official consolidated instrument |
| 6 | Valuation, NAV, expenses and asset controls | controls | Finin2min Fin in2min Knowledge SEBI Hub Priority Regulations Calculators Mutual Funds 2026 · R-06 Valuation, NAV, expenses and asset controls Apply approved valuation policies, fair-value governance, NAV controls, expense limits and asset segregation | Regulations 22(9), 52, 63(9), 66 and 67; Sixth and Seventh Schedules; verify every transaction against the official consolidated instrument |
| 7 | Disclosure, reporting and investor communication | Control portfolio, financial, risk, scheme and event disclosures across websites, filings and investor notices | Regulations 22(9), 52, 63(9), 66 and 67; Sixth and Seventh Schedules; verify every transaction against the official consolidated instrument |
| 8 | Conduct, inspection and enforcement | Maintain inspection readiness, investor-protection controls, breach escalation and remediation evidence | Regulations 22(9), 52, 63(9), 66 and 67; Sixth and Seventh Schedules; verify every transaction against the official consolidated instrument |
| 9 | Schedules, accounting and filing specifications | Use the current Schedules for investment limits, valuation, accounting, disclosure and documentary requirements | Regulations 22(9), 52, 63(9), 66 and 67; Sixth and Seventh Schedules; verify every transaction against the official consolidated instrument |
| 10 | Transition and amendment control | control | Finin2min Fin in2min Knowledge SEBI Hub Priority Regulations Calculators Mutual Funds 2026 · R-10 Transition and amendment control Map the move from the 1996 regime, the 1 April 2026 commencement and the 7 July 2026 intraday-borrowing amendment | Regulations 22(9), 52, 63(9), 66 and 67; Sixth and Seventh Schedules; verify every transaction against the official consolidated instrument |