India’s capital market regulator, the Securities and Exchange Board of India (SEBI), has introduced sweeping changes to mutual fund regulations aimed at enhancing transparency, accountability, and investor protection. The revised framework sharpens disclosure requirements, rationalises expense reporting, and seeks clearer communication around portfolio risks and fund performance. By tightening compliance norms and standardising reporting practices, SEBI intends to curb mis-selling, reduce information asymmetry, and empower retail investors to make more informed decisions.