Tuesday, April 14, 2026
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India markets regulator overhauls mutual fund scheme categorisation

Feb 26 (Reuters) – India’s markets ‌regulator ‌overhauled the mutual ​fund categorisation rules on Thursday, ‌introducing ⁠new categories such as ⁠contra funds ​and ​sectoral ​debt funds, ‌adding goal-based life cycle funds and ordering asset ‌managers ​to ​align ​existing ‌schemes within six ​months.

(Reporting ​by Surbhi Misra ​in ‌Bengaluru; Editing ​by Sumana ​Nandy)

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