Tags
SEBI seeks public comments on allowing employers to invest in mutual funds for staff via salary deductions
SEBI Mutual Fund Salary Deductions: In a consultation paper, the market regulator said the proposal is aimed at balancing "ease of investing in genuine cases" with compliance under the Prevention of Money Laundering Act (PMLA).
Published On May 21, 2026 at 01:36 PM IST
Securities and Exchange Board of India (SEBI) has proposed allowing employers to make consolidated mutual fund investments on behalf of employees through payroll deductions, as part of a broader move to relax third-party payment norms in certain cases while retaining safeguards against money laundering and misuse. In a consultation paper, the market regulator said the proposal is aimed at balancing "ease of investing in genuine cases" with compliance under the Prevention of Money Laundering Act (PMLA). "The proposed scenario acknowledges the established practice of employers offering various benefits and savings avenues to their employees. This mechanism would allow AMCs to accept consolidated payments for mutual fund investments through salary deduction," the consultation paper said.
Published On May 21, 2026 at 01:36 PM IST
SEBI mutual fund salary deductions,
employer payroll mutual fund investment,
third-party payment norms SEBI,
PMLA compliance mutual funds,
AMCs salary deduction investment
By commenting, you agree to the Prohibited Content Policy
By commenting, you agree to the Prohibited Content Policy
Find this Comment Offensive?
Inciting hatred against a certain community
Out of Context / Spam
Join the community of 2M+ industry professionals.
Subscribe to Newsletter to get latest insights & analysis in your inbox.
All about ETLegalWorld industry right on your smartphone!
Download the ETLegalWorld App and get the Realtime updates and Save your favourite articles.
See whats happening in Legal sector right now
Read and get insights from specially curated unique stories from editorial
Business leaders sharing their insights
Explore and discuss challenges & trends in India's leading B2B events
Recognise work that not only stood out but was also purposeful
Join leaders & experts for roundtables, conferences, panels and discussions
Join the community of 2M+ industry professionals
Subscribe to our Daily Newsletter
By continuing you agree to our Privacy Policy & Terms & Conditions
We have various options to advertise with us including Events, Advertorials, Banners, Mailers, etc.
Download ETLegalWorld App
Save your favourite articles with seamless reading experience
Get updates on your preferred social platform
Follow us for the latest news, insider access to events and more.
Guest-Post Guidelines
Guest-Post Guidelines
The Economic Times Business Verticals
Marketing & Advertising
@2026 ETLegalWorld.com. All Right Reserved.
Times of India Group Events
Continue Reading
Related Articles
Former Shardul Amarchand Mangaldas lawyer Anoopam N Prasad sets up chambers
After a 3-year stint at Shardul Amarchand Mangaldas (SAM) in New Delhi, Advocate Anoopam N Prasad has set up the Chambers of Anoopam N Prasad. Prasad is a 2009 alumnus of Campus Law Centre, Delhi University. He has previously worked in the chambers of former Attorney General the late Goolam E Vaha
Delhi High Court stays MCA order penalising Microsoft CEO Satya Nadella, LinkedIn India
The Delhi High Court recently stayed an order issued by the Ministry of Corporate Affairs (MCA) penalising Microsoft CEO Satya Nadella, LinkedIn Chief Ryan Roslansky, LinkedIn India and several of its current and former directors for alleged failure to disclose "significant beneficial ownership" (SB
Universal Legal Guides ARAI Solutions in IKS Health Acquisition
Universal Legal advised ARAI Solutions on its acquisition by IKS Health, highlighting the crucial role of legal counsel in M&A within India's booming AI sector, focusing on IP, contracts, and regulatory compliance.