The Securities and Exchange Board of India (SEBI) on June 27, 2024, issued a Master Circular for Mutual Funds to enable the stakeholders to have access to all the applicable regulatory requirements in one place, the provisions of the said circulars issued till March 31, 2023, were incorporated in the Master Circular for Mutual Funds dated May 19, 2023.
In view of the same, the Master Circular dated May 19, 2023, has been updated to include all relevant circulars that were issued on/before March 31, 2024. The instant Master Circular supersedes the Master Circular for Mutual Funds dated May 19, 2023.
In addition, with the issuance of this Master Circular, the guidelines/directions contained in the circulars listed out at Sr. Nos. 1 to 16 in the Appendix to this Master Circular, to the extent they relate to the Mutual Funds industry, shall stand rescinded.
Kindly find the detailed master circular provided in the document below.
[Circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90]
