2025-11-01

Securities and Exchange Board of India (Mutual Funds) (Second Amendment) Regulations, 2025

The Securities and Exchange Board of India issued the 2025 Second Amendment Regulations to modify the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996. The amendments introduce specific investment limits for Specialized Investment Funds regarding REITs and InvITs, adjust concentration caps for mutual funds in equity derivatives and single issuers, and update definitions to include Real Estate Investment Trusts. These changes aim to refine regulatory constraints on mutual fund portfolios and align terminology with current market instruments.

Securities and Exchange Board of India logo

India

Securities and Exchange Board of India

Click to view full text