The Securities and Exchange Board of India (SEBI) on March 06, 2026, issued a circular regarding the introduction of the Voluntary Lock-in / Debit freeze facility to Mutual Fund folios.
The following has been stated: -
•Securities and Exchange Board of India (SEBI), in consultation with Association of Mutual Funds in India (AMFI), has introduced a voluntary lock-in/debit freeze facility for mutual fund folios to enhance investor security and prevent unauthorized debit of units.
•In the first phase, the facility will be available through the MF Central platform for KYC-compliant investors with a registered email ID and mobile number.
•AMFI will prescribe detailed procedures for locking/unlocking folios and specify the financial and non-financial transactions allowed during the lock-in period.
•The circular will come into effect from April 30, 2026.
[Circular No.: HO/24/12/12(5)2026-IMD-SEC-1/I/6373/2026]
