SEBI Master Circular Mutual Funds March 2026

SEBI has issued a Master Circular for Mutual Funds dated March 20, 2026, consolidating all applicable circulars, guidelines, and regulations governing the mutual fund industry into a single reference document. Master Circulars serve an administrative function by aggregating existing requirements rather than creating new obligations. Affected parties including Asset Management Companies (AMCs), mutual fund trustees, and registered distributors should consult this consolidated document to ensure compliance with current SEBI regulations.

Mutual fund industry participants should review the consolidated provisions to confirm their compliance frameworks reflect the latest SEBI requirements. The circular provides a structured overview of regulatory expectations across scheme registration, investor disclosures, NAV computation, redemption processes, and other operational areas. Compliance teams should cross-reference internal policies against this consolidated guidance.