What is the Role of SEBI in Mutual Funds?


Securities and Exchange Board of India(SEBI)

The full form of the acronym is ‘Securities And Exchange Board Of India.Role of SEBI is to lay out guidelines and regulations for smooth functioning of financial markets and their instruments like Mutual Funds.Although SEBI was established in the year 1988, but it was only in the year 1992, that it was given regulatory powers.The head quarter of SEBI is located at Bandra Kurla complex in Mumbai.It also has offices in various other regions of the country.Its main role is to develop and regulate security markets in such a way that investors interest are taken care of. SEBI is the designated regulatory authority in India for investment and financial markets.

Powers Of SEBI

SEBI’s powers may be divided in three Categories namely-Quasi judicial, Quasi legal and Quasi executive.under its judicial capacity, SEBI may pass new rules, orders and regulations.It may also conduct investigations as and when required.

Steps By SEBI In The Interest Of Investors Of Mutual Funds.

SEBI has taken many steps to make investors aware and informed.It launchedInvestor Protection And Education Fund(IPEF).The fund is used for the education and awareness of investors. SEBI regularly carries out investors awareness programs by organising workshops and talks across various parts of the country. it uses all the mediums of mass communication for this. SEBI also carries out grievance redressal meetings with investors periodically.helping and promoting self regulatory culture amongst Mutual Funds with help of AMFI.