The Economic Times

Sebi overhauls MF schemes categorisation and rationalisation rules. Key 10 things to know

Sebi has overhauled mutual fund categorisation and rationalisation norms, discontinuing solution-oriented funds and introducing life cycle funds. The regulator has tightened portfolio overlap rules, enhanced disclosure requirements, and set new investment and structural conditions across equity, debt and FoF categories to improve transparency and product differentiation.