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Sebi Proposes Sweeping Changes for AMC Overhaul

Mint Mumbai

|

July 08, 2025

The Indian mutual fund industry, through Amfi, has consistently advocated for a review of Regulation 24(b)

- Neha Joshi

Sebi Proposes Sweeping Changes for AMC Overhaul

In a move that could significantly reshape India's mutual fund landscape, the Securities and Exchange Board of India (Sebi) has proposed a revamp of rules governing asset management companies (AMCs). The key proposal seeks to amend Regulation 24(b) of the Sebi (Mutual Funds) Regulations, 1996, which currently restricts AMCs to managing only broad-based pooled assets.

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