NSDL issued the Amendment to Business Rules of NSDL regarding Fee for Conversion, Reconversion and Redemption of Mutual Fund Units

Apr 26, 2026 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe National Securities Depository Limited (NSDL) on March 18, 2026, issued the notification regarding the Amendment to Business Rules of NSDL regarding ‘Fee for Conversion, Reconversion and Redemption of Mutual Fund Units.

The following has been stated namely: -

• Amendments have been made to Rule 21.2.5 of the NSDL Business Rules with respect to “Fee for Conversion, Reconversion and Redemption of Mutual Fund units”. 

• The same is enclosed in track change mode as Annexure 

This shall be effective from May 01, 2026

[Notification No. NSDL/POLICY/2026/0034]


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