The Indian mutual fund industry witnessed robust growth and stricter regulation from SEBI since 1996. The mobilisation of funds and the number of players operating in the industry reached new heights as investors started showing more interest in mutual funds. Safeguarding the interests of invetors is one of the duties of SEBI. Consequantly, SEBI (Mutual Funds) Regulations, 1996 and certain other guidelines have been issued by SEBI that sets uniform standards for all mutual funds in India.

SEBI (Mutual Funds) Regulations

03-Dec-1996	Securities and Exchange Board of India (Mutual Funds) Regulations, 1996
12-Jan-2006	SEBI (Mutual Funds) (Amendment) Regulations, 2006

AMFI Codes and Guidelines

Codes	Codes of ethics to be followed by the members/mutual fund companies
Guidelines	Regulatory framework along with a code of conduct for intermediaries like individual agents, brokers, distribution houses and banks engaged in selling of mutual fund products