{"id":5979,"date":"2026-05-25T00:22:51","date_gmt":"2026-05-25T00:22:51","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=5979"},"modified":"2026-05-25T00:22:52","modified_gmt":"2026-05-25T00:22:52","slug":"sebi-consultation-paper-dated-20-05-2026-draft-circular-on-enabling-third-party-payments-in-mutual-funds-in-certain-scenarios","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/05\/25\/sebi-consultation-paper-dated-20-05-2026-draft-circular-on-enabling-third-party-payments-in-mutual-funds-in-certain-scenarios\/","title":{"rendered":"SEBI Consultation Paper Dated 20\/05\/2026 &#8211; Draft Circular on Enabling third party payments in Mutual Funds in Certain Scenarios\u00a0"},"content":{"rendered":"\n<p>Under the current framework, mutual fund investments must originate from the investor\u2019s own bank account through RBI authorised payment aggregators or SEBI recognised clearing corporations. SEBI proposes permitting employer sponsored investments through payroll deductions for employees of listed and EPFO registered companies, and payment of commissions to empanelled mutual fund distributors in the form of mutual fund units. It also proposed enabling donations or contributions towards social causes through mutual funds, including investments in Zero Coupon Zero Principal instruments of Not-for-Profit Organisations registered on the Social Stock Exchange. The feedback\/comments from stakeholders are invited.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.sebi.gov.in\/reports-and-statistics\/reports\/may-2026\/consultation-paper-on-draft-circular-for-enabling-third-party-payments-in-mutual-funds-in-certain-scenarios_101534.html\"><em>(Link: SEBI Consultation Paper Dated 20\/05\/2026)<\/em><\/a><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Under the current framework, mutual fund investments must originate from the investor\u2019s own bank account through RBI authorised payment aggregators [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[95,52],"tags":[],"class_list":["post-5979","post","type-post","status-publish","format-standard","hentry","category-reports-for-public-comments","category-sebi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI Consultation Paper Dated 20\/05\/2026 - Draft Circular on Enabling third party payments in Mutual Funds in Certain Scenarios\u00a0 - Bhatia Bhola &amp; 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