SEBI clears new mutual fund rulebook with sharper cost and governance framework

SEBI’s new Mutual Funds Regulations, 2026, introduce a revised expense ratio framework, clearer cost disclosures, and stronger governance norms while retaining core investor protection principles.

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SEBI clears new mutual fund rulebook with sharper cost and governance framework

SEBI clears new mutual fund rulebook with sharper cost and governance framework
The market regulator has approved the SEBI (Mutual Funds) Regulations, 2026, marking a comprehensive overhaul of rules that have governed the industry since 1996. SEBI said the revised framework improves clarity, structure, and readability while preserving long standing investor safeguards. A key change is the introduction of a revised expense ratio architecture, where the Total Expense Ratio will be calculated as the sum of the Base Expense Ratio, brokerage, and statutory and regulatory levies