Sebi plans PF, NPS-like payroll-linked MF SIPs. Details here

Published on 5/20/2026, 1:08:26 PM

Key points

Investing in mutual funds through salary deductions, much like Provident Fund (PF) or Pension System (NPS), could soon become a reality if a new proposal by the Securities and Exchange Board of India (Sebi) gets the green light.
In a draft consultation paper released on Wednesday, the market regulator proposed changes that would allow certain third-party payments in mutual funds — a shift from the current system where investments must come only from an investor’s own bank account.
Read Full Story The move is aimed at making investing easier while continuing to follow strict safety and compliance rules.
WHAT IS CHANGING?
At present, mutual fund investments can only be made using the investor’s own bank account.

Quick context: Investing in mutual funds through salary deductions, much like Provident Fund (PF) or Pension System (NPS), could soon become a reality if a new proposal by the Securities and Exchange Board of India (Sebi)...

Published May 20, 2026.

📌 Source: India Today

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