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Sebi Moots Extra MF Scheme if AUM Tops ₹50,000 Crore

Mint Hyderabad

|

July 19, 2025

Proposed Rules Allow AMCs to Launch an Additional Scheme Within Existing Categories With Conditions

- Jash Kriplani & Neha Joshi

The Securities and Exchange Board of India (Sebi) proposed significant changes to mutual fund categorization rules on Friday, with a key provision that will allow Asset Management Companies (AMCs) to launch an additional scheme within existing categories once their flagship schemes cross ₹50,000 crore in assets under management (AUM).

According to data from Value Research, in the equity and hybrid schemes category, the number of actively-managed schemes with more than ₹50,000 crore AUM stands at 13, with combined AUM of these funds amounting to over ₹9 trillion.

This marks the first major revision since the 2017 categorization framework that had standardized mutual fund schemes. The regulator has put up the draft circular for public comments until August 8.

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