Overview

• SEBI chief Tuhin Kanta Pandey proposed additional distributor incentives for investments by first-time women mutual fund investors and for outreach in B30 cities.
• Pandey said mutual funds remain fully responsible for vendor and third‑party actions, calling for contracts that leave no room for investor‑data leaks.
• He warned about fraudulent redemptions by impersonators and urged AMCs to respond quickly, track evolving patterns, and share modus operandi across AMCs and QRTAs.
• SEBI is reviewing mutual fund scheme categorisation and has dropped the requirement for AMCs to file more than 52 reports, with broader compliance simplification to follow.
• To lift participation in a market where fewer than 5% invest in mutual funds, SEBI and AMFI promoted small-ticket SIPs and tools such as Chhoti SIP, MF Lite, SIFs, Mitra and MF Central, alongside new education drives like Investment Ka Sahi Kadam and the Bharat Nivesh Rail Yatra.