The Securities and Exchange Board of India (SEBI) on March 25, 2026, issued the Addendum to SEBI Circular on Borrowing by Mutual Funds.
The following has been stated:
• SEBI issued a circular on March 13, 2026, prescribing guidelines on borrowing by mutual funds, which were incorporated in its Master Circular dated March 20, 2026.
• The circular specifically laid down norms for intraday borrowings by mutual funds under clause 5.9.1.
• However, due to operational challenges faced by asset management companies, SEBI has deferred the implementation of these intraday borrowing guidelines.
• The revised effective date for these provisions is now July 15, 2026, ensuring smoother compliance.
[Notification no. - HO/(92)2026-IMD-POD-2/I/7885/2026]
