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September 2026
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SEBISEBI proposes net settlement of funds for outright cash-market trades of mutual fund schemes; securities to stay gross. Comment window closed on 24 September 2026
MF net fund settlement: draftComments invitedA SEBI consultation paper issued on 3 September 2026 proposes to let a mutual fund scheme net its fund obligations for outright buy and sell transactions in the cash market, as already permitted for FPIs. Netting would be only at scheme level, securities would continue to settle gross, and STT and stamp duty would stay on delivery basis. Comments were due by 24 September 2026; the window has closed.
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