Revision of Application Form for Mutual Fund Registration · 17 Aug 2026

[Image omitted. See the official document.]

Circular

HO/24/11/36(24)2026-IMD-RAC4/I/18849/2026
August 17, 2026

To,

Entities desirous of becoming Sponsor of a Mutual Fund/
All Asset Management Companies (AMCs)/
All Trustee Companies/Boards of Trustees of Mutual Funds/
Association of Mutual Funds in India(AMFI)

Madam/ Sir,

Sub: Revision of Application Form for Mutual Fund Registration

1. Please refer to the Master Circular for Mutual Funds dated March 20, 2026 (“Master Circular”) which, inter alia, prescribes the requirements relating to registration of Mutual Funds.

2. At present, applications for registration of a Mutual Fund are processed in two stages, i.e. In-principle approval to the sponsor / applicant for setting up a Mutual Fund and Final registration of the Mutual Fund.

3. Currently, the application for in-principle approval is required to be submitted in Form A, as prescribed under the Master Circular. Further, the application for final registration of a Mutual Fund is required to be accompanied by Forms C and D.

4. In view of the recent overhaul of the SEBI (Mutual Funds) Regulations, 2026 and SEBI Intermediaries Regulations, it has been decided to revise and consolidate the existing forms into a single application form for registration of Mutual Funds. The revised format of Form is enclosed as Annexure A.

5. All other conditions specified in the Master Circular, shall remain unchanged.

6. This Circular is issued in exercise of the powers conferred by Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with SEBI (Mutual Funds) Regulations, 2026, to protect the interest of investors in securities and to promote the development of, and to regulate the securities market.

7. This Circular is available at www.sebi.gov.in under the link “Legal → Circulars”.

Yours sincerely,

Jubin Mehta
Deputy General Manager
Investment Management Department

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Annexure A

Application for the Grant of Registration of Mutual Fund- Form A

Application for In-Principle Approval

Part A — Identification and Constitution of the Sponsor

• Body corporate
• Limited Liability Partnership (LLP)
• Pooled Investment Vehicle (PIV)
• Private Equity (PE) fund
• Any other type | | | | 2 | Registered and operating addresses For sponsor / sponsor(s) entity, furnish the registered address, the correspondence address, the principal place of business or operations. | | | | 3 | Contact person details For sponsor / sponsor(s) entity, provide the contact person’s name, mobile number, e-mail address and designation. | | |

Part B — Shareholding and Capital Structure

Part C — Eligibility Route and Item-wise Compliance [Regulation 5]

The sponsor shall indicate the route under which the application is submitted along with item-wise compliance with the conditions applicable to that route. Tick the elected route below and provide compliance details against each applicable condition.

Route elected (tick one):
[ ] Route 1 — Regulation 5(a)
[ ] Route 2 — Regulation 5(a)

Route 1 - [Regulation 5(a)]

Route 2 – [Regulation 5(a)]

Part D — Business Activities, Experience and Regulated Activities

• Name of the associated entity
• Business area
• Regulator (if any)
• Assets managed (Rs crore)
• Number of customers / investors | | |

Part E — Details of Management, Associates and Group Companies

• Organisation structure
• Board of directors, with PAN (for Indian entities) or passport (for non-Indian entities)
• Names of Key Management Personnel (KMP)
• Board of the company, with name, experience and qualifications of each member. | | |

Part F — Database Verification and Regulatory History

• CIBIL database (both suit-filed and non-suit-filed)
• United Nations Security Council (UNSC) Consolidated Sanctions List https://main.un.org/securitycouncil/en/content/un-sc-consolidated-list
• International Organization of Securities Commissions (IOSCO) Database- https://www.iosco.org/i-scan/
• SEBI Prosecution List – https://www.sebi.gov.in/sebiweb/home/HomeAction.do?doListingAll=yes&cid=14 | | | | 14 | Fit and proper declaration Submit a self-certified “fit and proper person” declaration as per Schedule II of SEBI (Intermediaries) Regulations, 2008, in respect of:
• the applicant
• the directors or managing partners
• the key management personnel
• the promoters or persons holding a controlling interest, or persons exercising control over the applicant or intermediary, directly or indirectly
• the Ultimate Beneficial Owner(s) | | | | 15 | Regulatory actions in the last five (5) years Provide details of any regulatory action taken by any regulator, in India or abroad, against the sponsor or its associates in the last five (5) years. | | |