Archive · 16 Jan 2026
SEBI Proposes Reforms for IPOs, FPIs, and Mutual Funds
The head of SEBI, Tuhin Kanta Pandey, talked about new rules to make investing easier and better.
He said companies should be clearer in their IPO documents, which explain risks and how money will be used.
SEBI also proposed a new rule to help foreign investors save money by allowing them to use money from sales to pay for purchases on the same day.
Additionally, SEBI is changing the rules for mutual funds to make them more transparent and lower costs.
These changes aim to make investing in India easier and more efficient.
SEBI Chairman Tuhin Kanta Pandey called for sharper disclosures in IPO offer documents, focusing on risk factors, valuation rationale, and utilisation of proceeds.
SEBI proposed permitting fund netting for foreign portfolio investors (FPIs) to reduce funding costs and improve operational efficiency.
SEBI overhauled mutual fund regulations, introducing a Base Expense Ratio (BER) and lowering expense ratio caps across most fund categories.
SEBI is focusing on easing fund-raising processes, deepening debt and private capital markets, and widening investor participation.
The proposed changes aim to enhance investor understanding, reduce regulatory queries, and improve market efficiency.
- Who
- Tuhin Kanta Pandey, SEBI Chairman
- What
- Proposed reforms for IPOs, FPIs, and mutual funds
- When
- January 16, 2026
- Where
- India
- Why
- To enhance investor understanding, reduce regulatory queries, and improve market efficiency
- Speaker
- Tuhin Kanta Pandey, SEBI Chairman
- Event
- SEBI’s Samvad 2026 symposium
- Key Issues
- IPO disclosures, FPI fund netting, mutual fund expense ratios
- IPO Market Status
- India is the world's largest IPO market by number of issues and third-largest by value in 2025-26
- Fundraising Pipeline
- Rs 1.5 trillion in the pipeline
- Corporate Bonds
- Pan-Indian programme to enhance awareness
- Reits and Invits
- Efforts to deepen participation
- Mutual Fund Changes
- Base Expense Ratio (BER) introduced, expense ratio caps lowered
- FPI Fund Netting
- Proposed to reduce funding costs and improve operational efficiency
Sources
Sebi calls for sharper IPO disclosures on risk factors, valuation rationale
SEBI to sharpen focus on capital formation, market depth: Tuhin Kanta Pandey
SEBI to sharpen focus on capital formation, market depth: Tuhin Kanta Pandey
SEBI proposes fund netting for FPIs to cut funding costs
