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Sebi overhauls MF rulebook

Financial Express Bengaluru

|

February 27, 2026

MORE GOLD, SILVER EXPOSURE ALLOWED

- KUSHAN SHAH & JOYDEEP GHOSH

THE SECURITIES AND Exchange Board of India (Sebi) on Thursday unveiled sweeping changes for the ₹81 lakh crore mutual fund industry, aimed at making schemes more “true to label” in portfolio construction.

The overhaul scraps solution-oriented schemes, introduces lifecycle funds, widens exposure limits for gold, silver and infrastructure investment trusts (InvITs), and caps portfolio overlap across schemes.

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Heads must roll: CJI on NCERT book row

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