Regulatory Alerts2026-03-06
Introduction of Voluntary Lock-in / Debit Freeze Facility to Mutual Fund Folios
The Securities and Exchange Board of India (SEBI) mandates the introduction of a voluntary debit freeze facility for mutual fund investors to enhance digital security. This facility, initially accessible via the MF Central platform through Registrar and Transfer Agents, is restricted to KYC-compliant investors with valid contact details. The circular becomes effective on April 30, 2026, and requires the Association of Mutual Funds in India to prescribe detailed processes for locking, unlocking, and permissible transactions during the freeze period.
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