What is SEBI?
Securities and Exchange Board of India — the regulatory authority for capital markets and MF industry.
Understanding SEBI
SEBI was established in 1992 under the SEBI Act as the statutory regulator for securities markets in India, including the mutual fund industry. It sets the legal framework within which AMCs, distributors, and advisors operate.
SEBI regulates mutual funds through regulations such as SEBI (Mutual Funds) Regulations, 1996 and subsequent amendments. Key SEBI interventions include the abolition of entry loads (2009), caps on TER, mandating direct plans, and regulating distributor commission disclosures.
For IFAs, SEBI regulations directly affect commission structures, compliance requirements, and the products they can recommend. Staying current with SEBI circulars is essential for operating a compliant advisory practice.
“For Indian IFAs, a clear understanding of sebiis essential to managing a compliant and profitable advisory practice.”
Why SEBI Matters for Your Practice
Staying on top of sebihelps you maintain compliance, serve clients accurately, and build a sustainable advisory business. Fin-Soft's software is built specifically for the needs of Indian IFAs and corporate distributors — covering everything from portfolio tracking to trail reconciliation.
Fin-Soft Solutions' software suite — Wealth Track Auto, AMFI Web, and Online Transaction — automates the workflows related to sebi for investment advisors and corporate distributors across India.
Explore our services