The Securities and Exchange Board of India (SEBI), through Circular dated May 19, 2026, has revised the format of the Monthly Cumulative Report (MCR) applicable to Mutual Funds, Asset Management Companies (AMCs), Trustee Companies, Boards of Trustees, and AMFI. The revision follows the introduction of new mutual fund scheme categories under SEBI’s Circular dated February 26, 2026 on categorisation and rationalisation of mutual fund schemes, now incorporated under clause 3.7 of the SEBI Master Circular for Mutual Funds dated March 20, 2026. SEBI has decided that the modified MCR format will apply from June 2026 onwards. The revised reporting format is provided in Annexure A, while the MCR SIF format is enclosed in Annexure B. SEBI clarified that all other conditions under clause 6.20 of the Master Circular will continue unchanged. The circular has been issued under the SEBI Act, 1992 and SEBI (Mutual Funds) Regulations, 2026 to protect investor interests and regulate the securities market.
Securities and Exchange Board of India
Circular HO/24/11/24(62)2026-IMD-RAC4/I/11872/2026 | Dated: May 19, 2026
To,
All Mutual Funds
All Asset Management Companies (AMCs)
All Trustee Companies/ Board of Trustees of Mutual Funds
Association of Mutual Funds in India (AMFI)
Madam/ Sir,
Sub: Revision of Monthly Cumulative Report (MCR) Format
1. Please refer to clause 6.20 of SEBI Master Circular for Mutual Funds dated March 20, 2026 (hereinafter referred as “Master Circular”) prescribing the format for reporting of Monthly Cumulative Report (MCR).
2. Pursuant to introduction of a new scheme categories vide SEBI Circular dated February 26, 2026 on Categorisation and Rationalisation of Mutual Fund Scheme now consolidated as clause 3.7 of Master Circular, it has been decided to modify MCR format from June 2026 onwards. The revised format of MCR is enclosed as Annexure A along with MCR SIF format enclosed at Annexure B.
3. All other conditions specified in the above mentioned clause of the Master Circular shall remain unchanged.
4. This Circular is issued in exercise of the powers conferred by Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with provisions of the SEBI (Mutual Funds) Regulations 2026 to protect the interest of investors in securities and to promote the development of, and to regulate the securities market.
5. This Circular is available at www.sebi.gov.in under the link “Legal ->Circulars”.
Yours sincerely
Jubin Mehta
Deputy General Manager
Investment Management Department
