SEBI & AMFI Discuss Joint Platform For Mutual Funds On Governance Issues

The Securities and Exchange Board of India (SEBI) is exploring a common platform that would allow mutual funds to jointly raise concerns related to Corporate Governance, financial performance, and shareholder interests in listed companies.

The discussions are being held with the Association of Mutual Funds in India (AMFI) as domestic mutual funds continue to increase their holdings in Indian companies. Mutual funds held 11.4% stake in NSE-listed firms as of March 2026, with ownership rising over the past six (6) years. SEBI’s stewardship code already requires institutional investors, including mutual funds and alternative investment funds, to monitor investee companies and protect investor interests. The regulator and industry participants are now discussing whether multiple fund houses invested in the same company can collaborate through a common mechanism.

SEBI is also reviewing rules related to portfolio management services and consulting on donations, gifting, and third-party payments in mutual funds.