SEBI simplifies mutual fund registration with single application form

The Securities and Exchange Board of India (SEBI) has introduced a single consolidated application form for mutual fund registration, replacing the earlier two-stage process that required separate submissions for in-principle approval and final registration. The Hindu Business Line reports the reform is expected to reduce paperwork, eliminate duplication, improve regulatory efficiency and speed up approvals for new entrants, while retaining stringent compliance and investor-protection requirements.

The revised application brings together all key information on sponsors, ownership structure, financial strength, governance, compliance systems and the proposed Asset Management Company (AMC). Livemint reports the change follows the overhaul of the SEBI (Mutual Funds) Regulations, 2026 and consolidates the previous Form A, C and D requirements. Eligibility conditions remain unchanged: sponsors must have at least five years in financial services with consistent profitability or an experienced management team with a combined 30 years of experience and an initial contribution of Rs 150 crore to the AMC.

Livemint adds that the new framework requires disclosures on regulatory actions, complaints, conflicts of interest and technology and business continuity arrangements. For investors, SEBI registration does not provide a performance track record for a new AMC, so investors should examine the sponsor's background, regulatory history and proposed fund management team before investing.