SEBI tweaks mutual fund intraday borrowing rules but delays key guidelines to July 15

SEBI expands intraday borrowing uses before the deadline

SEBI has proposed new flexibility for mutual funds to use intraday borrowings for purposes beyond routine investor redemptions and payouts. However, it has deferred the implementation of the related guidelines to July 15, giving fund houses and stakeholders time to adjust to the updated framework as markets and compliance plans catch up.