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Core Purpose

The Securities and Exchange Board of India (SEBI) has issued regulations to further amend the Securities and Exchange Board of India (Mutual Funds) Regulations, 2026.

Detailed Summary

The Securities and Exchange Board of India (SEBI) published Notification No. SEBI/LAD-NRO/GN/2026/307 in Mumbai on July 3, 2026, making the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2026. These regulations are enacted in exercise of powers conferred by section 30 read with section 11(2)(c) of the Securities and Exchange Board of India Act, 1992 (15 of 1992) and shall come into force on the date of their publication in the Official Gazette. The amendment specifically substitutes regulation 42(2) in Chapter VII of the principal Securities and Exchange Board of India (Mutual Funds) Regulations, 2026. The new regulation 42(2) clarifies that sub-regulation (1) does not restrict mutual funds from intraday borrowing for addressing timing mismatches between outflows and inflows of a scheme, subject to conditions specified by the Board. The original Securities and Exchange Board of India (Mutual Funds) Regulations, 2026, was published on January 15, 2026, vide notification No. SEBI/LAD-NRO/GN/2026/294. The amendment was signed by Amit Pradhan, Executive Director.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-MH-E-07072026-274229 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 434] NEW DELHI, FRIDAY, JULY 3, 2026/ASHADHA 12, 1948 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 3rd July, 2026 SECURITIES AND EXCHANGE BOARD OF INDIA (MUTUAL FUNDS) (AMENDMENT) REGULATIONS, 2026 No.SEBI/LAD-NRO/GN/2026/307.- In exercise of the powers conferred by section 30 read with section 11(2)(c) of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Mutual Funds) Regulations, 2026, namely— 1. These Regulations may be called the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2026. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Mutual Funds) Regulations, 2026, - (I) In Chapter VII, regulation 42 (2) shall be substituted with the following, namely, - "(2) Nothing in sub-regulation (1) shall restrict the mutual funds from intraday borrowing for addressing timing mismatch between outflows and inflows of a scheme, subject to such conditions as specified by the Board." AMIT PRADHAN, Executive Director [ADVT.-III/4/Exty./203/2026-27] Note: The Securities and Exchange Board of India (Mutual Funds) Regulations, 2026, was published in the Gazette of India on January 15, 2026 vide notification No. SEBI/LAD-NRO/GN/2026/294. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. SRIVASTAVA SARVESH KUMAR

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