SEBI proposes 3rd-party payments in mutual funds with AML safeguards
NewsBytes | May 20, 2026 11:39 PM CST
SEBI proposes salary investments, KYC checks
If these proposals go through, you might be able to invest in mutual funds straight from your salary if a listed company, EPFO-registered firm, or AMC opts in with employee opt-in required.
Plus, AMCs could reward distributors with fund units instead of cash, encouraging longer-term thinking.
SEBI also wants to let investors donate part of their returns to social causes like NGOs or Social Stock Exchange-listed groups.
To keep things safe, strict KYC checks and electronic money trails will be a must.
Public feedback on these changes is open until June 10, so if you've got thoughts, now's the time!
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