SEBI Unveils Sweeping Reforms: MF Costs Down, IPOs Smoother, Debt Market Boosted

• SEBI approved significant reforms for mutual funds, reducing expense ratios and brokerage caps across various schemes.
• IPO process streamlined by allowing pledged shares lock-in via technology and introducing simplified abridged prospectuses.
• New SEBI (Stock Brokers) Regulations, 2025, introduced to simplify rules, define Algo trading, and ease compliance.
• Incentives like discounts or additional interest approved for retail investors in corporate debt issues to boost participation.
• Easier duplicate share issuance, a special window for old physical shares, and expanded scope for Credit Rating Agencies.

Why It Matters: SEBI approves sweeping reforms to boost market efficiency, investor protection, and ease of doing business.