{"id":240764,"date":"2026-03-29T20:27:20","date_gmt":"2026-03-29T14:57:20","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=240764"},"modified":"2026-03-29T20:27:24","modified_gmt":"2026-03-29T14:57:24","slug":"sebi-new-rule-for-mutual-funds","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/","title":{"rendered":"SEBI New Rule for Mutual Funds, Intraday Borrowing, Check Details"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#What_is_SEBIs_new_rule_allowing_intraday_borrowing_in_mutual_funds\" >What is SEBI\u2019s new rule allowing intraday borrowing in mutual funds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#Download_SEBI_Intraday_Borrowing_for_Mutual_Funds_PDF\" >Download SEBI Intraday Borrowing for Mutual Funds PDF<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#Attempt_SEBI_Intraday_Borrowing_Practice_Quiz\" >Attempt SEBI Intraday Borrowing Practice Quiz<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#Sign_Up\" >Sign Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#Login\" >Login<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#Forgot_Password\" >Forgot Password<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#i\" >&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#Why_did_SEBI_introduce_intraday_borrowing_for_mutual_funds\" >Why did SEBI introduce intraday borrowing for mutual funds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#What_is_an_Asset_Management_Company_AMC\" >What is an Asset Management Company (AMC)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#What_are_liquid_funds_and_overnight_funds\" >What are liquid funds and overnight funds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#What_is_redemption_and_why_does_it_create_liquidity_mismatch\" >What is redemption and why does it create liquidity mismatch?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#What_is_TREPS_in_mutual_funds\" >What is TREPS in mutual funds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#What_is_IDCW_in_mutual_funds\" >What is IDCW in mutual funds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#What_are_general_borrowing_rules_for_mutual_funds\" >What are general borrowing rules for mutual funds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#What_are_the_rules_for_intraday_borrowing_under_SEBI_guidelines\" >What are the rules for intraday borrowing under SEBI guidelines?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#Which_inflows_are_eligible_for_intraday_borrowing\" >Which inflows are eligible for intraday borrowing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Mutual funds play a key role in helping investors grow their money in a simple and diversified way. But behind the scenes, fund managers often face short-term cash flow mismatches due to timing differences in inflows and outflows. To solve this issue, SEBI (Securities and Exchange Board of India) has introduced a new rule that allows intraday borrowing for mutual funds. This move is mainly aimed at improving liquidity management and ensuring that investors receive their redemption money on time without delays. <\/p>\n\n\n\n<p>In this blog, we have provided all the details about the SEBI new rule for mutual funds. Along with this, we have also provided a free PDF covering the details and a practice quiz.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-sebi-s-new-rule-allowing-intraday-borrowing-in-mutual-funds\"><span class=\"ez-toc-section\" id=\"What_is_SEBIs_new_rule_allowing_intraday_borrowing_in_mutual_funds\"><\/span>What is SEBI\u2019s new rule allowing intraday borrowing in mutual funds?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>SEBI has permitted Asset Management Companies (AMCs) to borrow funds on a temporary intraday basis to manage short-term liquidity gaps. This means mutual funds can now borrow money during the trading day and repay it within the same day.<\/p>\n\n\n\n<p>This facility is especially useful when there is a mismatch between redemption requests and actual cash availability in the fund.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Point<\/strong><\/td><td><strong>Details<\/strong><\/td><\/tr><tr><td>Regulator<\/td><td>SEBI<\/td><\/tr><tr><td>Facility<\/td><td>Intraday borrowing<\/td><\/tr><tr><td>Users<\/td><td>Mutual Fund AMCs<\/td><\/tr><tr><td>Purpose<\/td><td>Managing temporary cash shortages<\/td><\/tr><tr><td>Repayment<\/td><td>Same day (intraday basis)<\/td><\/tr><tr><td>Applicable funds<\/td><td>Liquid funds, overnight funds<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Download_SEBI_Intraday_Borrowing_for_Mutual_Funds_PDF\"><\/span>Download SEBI Intraday Borrowing for Mutual Funds PDF<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Download the free PDF to get a complete and structured explanation of SEBI\u2019s intraday borrowing rule along with key concepts and examples.<\/p>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><a href=\"https:\/\/www.oliveboard.in\/sebi-new-rule-for-mutual-funds-pdf\/?ref=contac-blog-snr\" target=\"_blank\" rel=\"noreferrer noopener\">Download Free PDF<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Attempt_SEBI_Intraday_Borrowing_Practice_Quiz\"><\/span>Attempt SEBI Intraday Borrowing Practice Quiz<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Test your understanding of the SEBI intraday borrowing rule with a quick practice quiz based on real exam-level concepts and scenarios.<\/p>\n\n\n\n<!DOCTYPE html>\n<html lang=\"en\">\n<head>\n<meta charset=\"UTF-8\">\n<link rel=\"stylesheet\" href=\"https:\/\/courses.oliveboard.in\/edge\/css\/login-modal-for-blog.css\">\n\n<style>\n#quiz-1-sticky-header {\n  position: sticky;\n  top: 0;\n  z-index: 100;\n  background: #1565c0;\n  color: #fff;\n  padding: 12px 20px;\n  border-radius: 10px 10px 0 0;\n  display: flex;\n  justify-content: space-between;\n  align-items: center;\n  font-size: 16px;\n  font-weight: bold;\n  box-shadow: 0 2px 8px rgba(0,0,0,0.2);\n  margin: -20px -20px 20px -20px;\n}\n\n#quiz-1-score-badge {\n  background: rgba(255,255,255,0.2);\n  padding: 4px 12px;\n  border-radius: 20px;\n  font-size: 15px;\n  white-space: nowrap;\n}\n#quiz-1 * { box-sizing: border-box; }\n\n#quiz-1 .quiz-container {\n  max-width: 700px;\n  margin: auto;\n  padding: 20px;\n  background: #fff;\n  border-radius: 14px;\n  box-shadow: 0 6px 16px rgba(0,0,0,0.12);\n}\n\n#quiz-1 h2 {\n  text-align: center;\n}\n\n#quiz-1 .question {\n  margin-bottom: 22px;\n}\n\n#quiz-1 .question p {\n  font-weight: bold;\n}\n\n#quiz-1 button {\n  width: 100%;\n  padding: 12px;\n  margin: 6px 0;\n  border: none;\n  border-radius: 6px;\n  background: #e0e0e0;\n  color: #000;\n  font-size: 16px;\n  cursor: pointer;\n}\n\n#quiz-1 button:hover {\n  background: #d5d5d5;\n}\n\n#quiz-1 button.correct {\n  background: #4caf50;\n  color: #000;\n}\n\n#quiz-1 button.wrong {\n  background: #f44336;\n  color: #000;\n}\n\n#quiz-1 button.locked {\n  pointer-events: none;\n}\n\n\/* SUMMARY *\/\n#quiz-1 .final-summary {\n  margin-top: 40px;\n  padding: 20px;\n  border-radius: 14px;\n  background: #fafafa;\n  border: 2px solid #4caf50;\n}\n\n#quiz-1 .final-summary h3 {\n  text-align: center;\n  margin-bottom: 20px;\n}\n\n#quiz-1 .summary-row {\n  display: grid;\n  grid-template-columns: 120px 1fr 40px;\n  gap: 10px;\n  align-items: center;\n  margin-bottom: 12px;\n  font-weight: bold;\n}\n\n#quiz-1 .summary-bar {\n  height: 14px;\n  background: #ddd;\n  border-radius: 10px;\n  overflow: hidden;\n}\n\n#quiz-1 .bar-fill {\n  height: 100%;\n  width: 0%;\n}\n\n#quiz-1 .bar-attempted { background: #2196f3; }\n#quiz-1 .bar-correct { background: #4caf50; }\n#quiz-1 .bar-wrong { background: #f44336; }\n#quiz-1 .bar-unattempted { background: #9e9e9e; width: 100%; }\n\n#quiz-1 .final-score {\n  text-align: center;\n  font-size: 22px;\n  margin-top: 20px;\n}\n\n#quiz-1 .score-value {\n  font-size: 30px;\n  margin-left: 8px;\n}\n<\/style>\n<\/head>\n\n<body>\n<div id=\"quiz-1\">\n  <div class=\"quiz-container\">\n<div id=\"quiz-1-sticky-header\">\n  <span> SEBI Intraday Borrowing Practice Quiz <\/span>\n  <span id=\"quiz-1-score-badge\">Score: <strong id=\"quiz-1-score-value\">0.00<\/strong><\/span>\n<\/div>\n\n    <!-- QUESTIONS -->\n\n<div class=\"question\" data-answered=\"false\">\n  <p>1. An AMC faces redemption of \u20b950 crore in the morning, while expected inflow by evening is \u20b940 crore. What is the maximum intraday borrowing allowed?<\/p>\n  <button data-correct=\"false\">\u20b950 crore<\/button>\n  <button data-correct=\"false\">\u20b945 crore<\/button>\n  <button data-correct=\"true\">\u20b940 crore<\/button>\n  <button data-correct=\"false\">\u20b920 crore<\/button>\n  <button data-correct=\"false\">No borrowing allowed<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>2. Which of the following best explains the need for intraday borrowing?<\/p>\n  <button data-correct=\"false\">To increase fund returns<\/button>\n  <button data-correct=\"false\">To reduce expenses<\/button>\n  <button data-correct=\"true\">To bridge timing mismatch in cash flows<\/button>\n  <button data-correct=\"false\">To invest in equities<\/button>\n  <button data-correct=\"false\">To reduce NAV volatility<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>3. An AMC borrows funds intraday and uses them to invest in equity shares expecting profit. This action is:<\/p>\n  <button data-correct=\"false\">Allowed<\/button>\n  <button data-correct=\"false\">Partially allowed<\/button>\n  <button data-correct=\"false\">Allowed with approval<\/button>\n  <button data-correct=\"true\">Not allowed<\/button>\n  <button data-correct=\"false\">Allowed for ETFs only<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>4. Which of the following requires approval for intraday borrowing?<\/p>\n  <button data-correct=\"false\">Only SEBI<\/button>\n  <button data-correct=\"false\">Only investors<\/button>\n  <button data-correct=\"true\">AMC Board and Trustees<\/button>\n  <button data-correct=\"false\">RBI<\/button>\n  <button data-correct=\"false\">Government<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>5. In case of general borrowing, what is the maximum borrowing limit?<\/p>\n  <button data-correct=\"false\">10% of NAV<\/button>\n  <button data-correct=\"false\">15% of NAV<\/button>\n  <button data-correct=\"true\">20% of NAV<\/button>\n  <button data-correct=\"false\">25% of NAV<\/button>\n  <button data-correct=\"false\">No limit<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>6. Which of the following is TRUE regarding intraday borrowing limit?<\/p>\n  <button data-correct=\"false\">Limited to 20% of NAV<\/button>\n  <button data-correct=\"false\">Limited to 10% of NAV<\/button>\n  <button data-correct=\"true\">No fixed limit but linked to inflows<\/button>\n  <button data-correct=\"false\">Fixed at \u20b9100 crore<\/button>\n  <button data-correct=\"false\">Unlimited without conditions<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>7. An AMC expects \u20b9100 crore inflow from government securities by evening. It needs \u20b9120 crore in the morning. How much can it borrow intraday?<\/p>\n  <button data-correct=\"false\">\u20b9120 crore<\/button>\n  <button data-correct=\"true\">\u20b9100 crore<\/button>\n  <button data-correct=\"false\">\u20b980 crore<\/button>\n  <button data-correct=\"false\">\u20b920 crore<\/button>\n  <button data-correct=\"false\">Nil<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>8. Which of the following is NOT an eligible purpose for intraday borrowing?<\/p>\n  <button data-correct=\"false\">Redemption<\/button>\n  <button data-correct=\"false\">IDCW payout<\/button>\n  <button data-correct=\"false\">Settlement obligation<\/button>\n  <button data-correct=\"true\">Equity investment<\/button>\n  <button data-correct=\"false\">Unit repurchase<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>9. TREPS transactions involve which additional entity apart from borrower and lender?<\/p>\n  <button data-correct=\"false\">RBI<\/button>\n  <button data-correct=\"false\">AMC<\/button>\n  <button data-correct=\"true\">Clearing Corporation<\/button>\n  <button data-correct=\"false\">SEBI<\/button>\n  <button data-correct=\"false\">Government<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>10. The main risk mitigated by intraday borrowing is:<\/p>\n  <button data-correct=\"false\">Credit risk<\/button>\n  <button data-correct=\"false\">Market risk<\/button>\n  <button data-correct=\"true\">Liquidity risk<\/button>\n  <button data-correct=\"false\">Interest rate risk<\/button>\n  <button data-correct=\"false\">Inflation risk<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>11. If borrowing cost arises due to intraday borrowing, who bears it?<\/p>\n  <button data-correct=\"false\">Investor<\/button>\n  <button data-correct=\"false\">SEBI<\/button>\n  <button data-correct=\"false\">Government<\/button>\n  <button data-correct=\"true\">AMC<\/button>\n  <button data-correct=\"false\">Trustee<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>12. Which fund category is MOST affected by intraday liquidity mismatch?<\/p>\n  <button data-correct=\"false\">Equity funds<\/button>\n  <button data-correct=\"false\">Hybrid funds<\/button>\n  <button data-correct=\"true\">Liquid funds<\/button>\n  <button data-correct=\"false\">Index funds<\/button>\n  <button data-correct=\"false\">Sectoral funds<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>13. What happens if NAV increases from \u20b910 to \u20b912 and \u20b92 is paid under IDCW?<\/p>\n  <button data-correct=\"false\">NAV becomes \u20b914<\/button>\n  <button data-correct=\"false\">NAV remains \u20b912<\/button>\n  <button data-correct=\"true\">NAV becomes \u20b910<\/button>\n  <button data-correct=\"false\">NAV becomes \u20b98<\/button>\n  <button data-correct=\"false\">No change<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>14. Which instrument is backed by government securities?<\/p>\n  <button data-correct=\"false\">Equity shares<\/button>\n  <button data-correct=\"true\">TREPS<\/button>\n  <button data-correct=\"false\">Mutual fund units<\/button>\n  <button data-correct=\"false\">ETFs<\/button>\n  <button data-correct=\"false\">Corporate bonds<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>15. Intraday borrowing must be repaid:<\/p>\n  <button data-correct=\"false\">Within 6 months<\/button>\n  <button data-correct=\"false\">Within 30 days<\/button>\n  <button data-correct=\"true\">Same day<\/button>\n  <button data-correct=\"false\">Within 1 year<\/button>\n  <button data-correct=\"false\">Within 7 days<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>16. Which of the following is an eligible inflow for intraday borrowing?<\/p>\n  <button data-correct=\"false\">Expected equity gains<\/button>\n  <button data-correct=\"false\">Future SIP inflows<\/button>\n  <button data-correct=\"true\">Sale proceeds of government securities<\/button>\n  <button data-correct=\"false\">Dividend income<\/button>\n  <button data-correct=\"false\">Loan from bank<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>17. If redemption is processed in morning but inflow comes in evening, this situation is called:<\/p>\n  <button data-correct=\"false\">Credit risk<\/button>\n  <button data-correct=\"true\">Liquidity mismatch<\/button>\n  <button data-correct=\"false\">Market volatility<\/button>\n  <button data-correct=\"false\">Interest mismatch<\/button>\n  <button data-correct=\"false\">Capital loss<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>18. Which statement is correct for overnight funds?<\/p>\n  <button data-correct=\"false\">Invest for 1 year<\/button>\n  <button data-correct=\"false\">Invest for 6 months<\/button>\n  <button data-correct=\"true\">Invest for 1 day<\/button>\n  <button data-correct=\"false\">Invest in equities<\/button>\n  <button data-correct=\"false\">Invest in derivatives<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>19. General borrowing duration cannot exceed:<\/p>\n  <button data-correct=\"false\">3 months<\/button>\n  <button data-correct=\"true\">6 months<\/button>\n  <button data-correct=\"false\">9 months<\/button>\n  <button data-correct=\"false\">1 year<\/button>\n  <button data-correct=\"false\">2 years<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>20. Intraday borrowing policy must be disclosed:<\/p>\n  <button data-correct=\"false\">Privately<\/button>\n  <button data-correct=\"false\">To RBI<\/button>\n  <button data-correct=\"true\">On AMC website<\/button>\n  <button data-correct=\"false\">Only to SEBI<\/button>\n  <button data-correct=\"false\">To investors individually<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>21. Which of the following best describes ETF?<\/p>\n  <button data-correct=\"false\">Not tradable<\/button>\n  <button data-correct=\"true\">Tradable like shares<\/button>\n  <button data-correct=\"false\">Fixed deposit<\/button>\n  <button data-correct=\"false\">Insurance plan<\/button>\n  <button data-correct=\"false\">Loan product<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>22. If AMC borrows more than expected inflow, it violates:<\/p>\n  <button data-correct=\"false\">NAV rule<\/button>\n  <button data-correct=\"true\">SEBI borrowing limit rule<\/button>\n  <button data-correct=\"false\">Tax rule<\/button>\n  <button data-correct=\"false\">Investment rule<\/button>\n  <button data-correct=\"false\">Expense ratio rule<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>23. Which of the following ensures transaction guarantee in TREPS?<\/p>\n  <button data-correct=\"false\">SEBI<\/button>\n  <button data-correct=\"false\">AMC<\/button>\n  <button data-correct=\"true\">Clearing Corporation<\/button>\n  <button data-correct=\"false\">RBI<\/button>\n  <button data-correct=\"false\">Bank<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>24. IDCW is suitable for:<\/p>\n  <button data-correct=\"false\">Long-term growth<\/button>\n  <button data-correct=\"true\">Regular income<\/button>\n  <button data-correct=\"false\">High-risk trading<\/button>\n  <button data-correct=\"false\">Speculation<\/button>\n  <button data-correct=\"false\">Arbitrage<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>25. Liquid funds invest in instruments up to:<\/p>\n  <button data-correct=\"false\">30 days<\/button>\n  <button data-correct=\"false\">60 days<\/button>\n  <button data-correct=\"true\">91 days<\/button>\n  <button data-correct=\"false\">180 days<\/button>\n  <button data-correct=\"false\">365 days<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>26. Which of the following is NOT allowed under intraday borrowing?<\/p>\n  <button data-correct=\"false\">Redemption payout<\/button>\n  <button data-correct=\"false\">IDCW payment<\/button>\n  <button data-correct=\"false\">Settlement<\/button>\n  <button data-correct=\"true\">Speculation<\/button>\n  <button data-correct=\"false\">Repurchase<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>27. Reverse repo represents:<\/p>\n  <button data-correct=\"false\">Borrowing<\/button>\n  <button data-correct=\"true\">Lending<\/button>\n  <button data-correct=\"false\">Equity trading<\/button>\n  <button data-correct=\"false\">Bond selling<\/button>\n  <button data-correct=\"false\">Derivative trading<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>28. Which entity regulates mutual funds in India?<\/p>\n  <button data-correct=\"false\">RBI<\/button>\n  <button data-correct=\"true\">SEBI<\/button>\n  <button data-correct=\"false\">IRDAI<\/button>\n  <button data-correct=\"false\">NABARD<\/button>\n  <button data-correct=\"false\">Finance Ministry<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>29. The key objective of SEBI\u2019s rule is:<\/p>\n  <button data-correct=\"false\">Profit maximization<\/button>\n  <button data-correct=\"true\">Investor protection<\/button>\n  <button data-correct=\"false\">Tax saving<\/button>\n  <button data-correct=\"false\">Market expansion<\/button>\n  <button data-correct=\"false\">Credit growth<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>30. Which inflow is most reliable for intraday borrowing?<\/p>\n  <button data-correct=\"false\">Equity price rise<\/button>\n  <button data-correct=\"true\">Government security maturity<\/button>\n  <button data-correct=\"false\">SIP inflow<\/button>\n  <button data-correct=\"false\">Dividend expectation<\/button>\n  <button data-correct=\"false\">Market speculation<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>31. Intraday borrowing is linked to:<\/p>\n  <button data-correct=\"false\">NAV<\/button>\n  <button data-correct=\"false\">Expense ratio<\/button>\n  <button data-correct=\"true\">Same-day receivables<\/button>\n  <button data-correct=\"false\">AUM<\/button>\n  <button data-correct=\"false\">Profit<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>32. Which of the following is TRUE?<\/p>\n  <button data-correct=\"false\">Intraday borrowing increases returns<\/button>\n  <button data-correct=\"false\">It reduces NAV<\/button>\n  <button data-correct=\"true\">It manages liquidity<\/button>\n  <button data-correct=\"false\">It increases expenses for investors<\/button>\n  <button data-correct=\"false\">It is for speculation<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>33. If AMC fails to receive inflow, risk is borne by:<\/p>\n  <button data-correct=\"false\">Investor<\/button>\n  <button data-correct=\"false\">Government<\/button>\n  <button data-correct=\"true\">AMC<\/button>\n  <button data-correct=\"false\">Bank<\/button>\n  <button data-correct=\"false\">Trustee<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>34. Which of the following is NOT a money market instrument?<\/p>\n  <button data-correct=\"false\">TREPS<\/button>\n  <button data-correct=\"false\">T-Bills<\/button>\n  <button data-correct=\"true\">Equity shares<\/button>\n  <button data-correct=\"false\">Reverse repo<\/button>\n  <button data-correct=\"false\">SDL<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>35. T+1 settlement means:<\/p>\n  <button data-correct=\"false\">Same day<\/button>\n  <button data-correct=\"true\">Next day<\/button>\n  <button data-correct=\"false\">Weekly<\/button>\n  <button data-correct=\"false\">Monthly<\/button>\n  <button data-correct=\"false\">No settlement<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>36. Which is correct regarding NAV?<\/p>\n  <button data-correct=\"false\">Fixed value<\/button>\n  <button data-correct=\"true\">Changes daily<\/button>\n  <button data-correct=\"false\">Changes yearly<\/button>\n  <button data-correct=\"false\">Never changes<\/button>\n  <button data-correct=\"false\">Only increases<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>37. Intraday borrowing helps mainly in:<\/p>\n  <button data-correct=\"false\">Profit making<\/button>\n  <button data-correct=\"true\">Liquidity management<\/button>\n  <button data-correct=\"false\">Tax saving<\/button>\n  <button data-correct=\"false\">Investment<\/button>\n  <button data-correct=\"false\">Speculation<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>38. Which entity manages collateral in TREPS?<\/p>\n  <button data-correct=\"false\">AMC<\/button>\n  <button data-correct=\"false\">Investor<\/button>\n  <button data-correct=\"true\">Clearing Corporation<\/button>\n  <button data-correct=\"false\">SEBI<\/button>\n  <button data-correct=\"false\">Bank<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>39. Which scheme offers highest liquidity?<\/p>\n  <button data-correct=\"false\">Equity fund<\/button>\n  <button data-correct=\"false\">Hybrid fund<\/button>\n  <button data-correct=\"true\">Overnight fund<\/button>\n  <button data-correct=\"false\">Index fund<\/button>\n  <button data-correct=\"false\">ELSS<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>40. Which of the following best defines intraday borrowing?<\/p>\n  <button data-correct=\"false\">Long-term loan<\/button>\n  <button data-correct=\"false\">Borrowing for investment<\/button>\n  <button data-correct=\"true\">Same-day borrowing and repayment<\/button>\n  <button data-correct=\"false\">Borrowing for speculation<\/button>\n  <button data-correct=\"false\">Borrowing for tax saving<\/button>\n<\/div>\n\n    <!-- FINAL SUMMARY -->\n    <div class=\"final-summary\">\n      <h3>Quiz Summary <\/h3>\n\n      <div class=\"summary-row\">\n        <span>Attempted<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-attempted\" data-summary=\"attempted\"><\/div><\/div>\n        <span data-count=\"attempted\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Correct<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-correct\" data-summary=\"correct\"><\/div><\/div>\n        <span data-count=\"correct\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Wrong<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-wrong\" data-summary=\"wrong\"><\/div><\/div>\n        <span data-count=\"wrong\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Unattempted<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-unattempted\" data-summary=\"unattempted\"><\/div><\/div>\n        <span data-count=\"unattempted\">0<\/span>\n      <\/div>\n\n      <div class=\"final-score\">\n        Final Score: <span class=\"score-value\" data-score>0.0<\/span>\n      <\/div>\n    <\/div>\n\n  <\/div>\n<\/div>\n<div class=\"modal modal-obls\" id=\"modal-signup\">\n        <div class=\"modal-background\"><\/div>\n        <div class=\"modal-content\">\n           <div class=\"obls-group\" id=\"obls-group1\">\n               <div class=\"obls-blk\">\n                   <span class=\"img-box\"><img decoding=\"async\" src=\"\/img\/img-delivery.svg\" alt=\"\"><\/span>\n                   <h2 id=\"display-register-text\"><span class=\"ez-toc-section\" id=\"Sign_Up\"><\/span>Sign Up<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                   <div class=\"loginas-group loginas-group1 loginas-group-single\">\n <div id=\"g_id_onload\" data-client_id=\"506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com\" ,=\"\" data-use_fedcm_for_prompt=\"true\" data-callback=\"handleOnetapResponse\">\n    <\/div>\n    <div class=\"g_id_signin\" data-type=\"standard\"><div class=\"S9gUrf-YoZ4jf\" style=\"position: relative;\"><div><\/div><iframe src=\"https:\/\/accounts.google.com\/gsi\/button?type=standard&amp;is_fedcm_supported=true&amp;client_id=506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com&amp;iframe_id=gsi_437394_8652&amp;cas=pwXumGxyCMNtIbjaV30qchi2A1vUar%2Faz%2FOE5HQ%2B0Zc\" class=\"L5Fo6c-PQbLGe\" allow=\"identity-credentials-get\" id=\"gsi_437394_8652\" title=\"Sign in with Google Button\" style=\"display: block; position: relative; top: 0px; left: 0px; height: 44px; width: 204px; border: 0px; margin: -2px -10px;\"><\/iframe><\/div><\/div>\n                   <\/div>\n                   <h6 class=\"signup-subheader\">Or, register with email<\/h6>\n                   <label class=\"errormsg txt-red courseUp\"><\/label>\n                   <div class=\"formcontrol-group\">\n                        <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mail.svg\" alt=\"\"><\/span>\n                        <input type=\"email\" name=\"email\" class=\"formcontrol ob-inputfield\" id=\"course-uemail\" required=\"\">\n                        <span class=\"floating-label\" style=\"top: 19px; font-size: 12px;\">Email Id<\/span>\n                   <\/div>\n                   <div class=\"formcontrol-group\">\n                        <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mobile-black.svg\" alt=\"\"><\/span>\n                        <input type=\"text\" maxlength=\"10\" name=\"monum\" class=\"formcontrol ob-inputfield\" id=\"course-uphone\" required=\"\">\n                        <span class=\"floating-label\">Mobile Number<\/span>\n                   <\/div>\n                   <div class=\"formcontrol-group\">\n                        <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-lock.svg\" alt=\"\"><\/span>\n                        <input type=\"password\" name=\"pwd\" class=\"formcontrol ob-inputfield\" id=\"course-upassword\" required=\"\">\n                        <span class=\"floating-label\">Password<\/span>\n                   <\/div>\n                   <button type=\"button\" class=\"btn btn-md btn-tblue btn-obls\" onclick=\"courseUpValidation('home','IBPS','https:\/\/u1.oliveboard.in\/exams\/?c=dashboard&amp;i=common');return false;\" id=\"courseup\">REGISTER<\/button>\n                    <p class=\"obls-footer\">Already a user?<button type=\"button\" class=\"btn btn-xs btn-switch-obls btn-show-modal-login\" id=\"btn-show-modal-login\">Login<\/button><\/p>\n               <\/div> \n            <\/div> \n        <\/div>\n        <button class=\"modal-close is-large modal-obls-close\" aria-label=\"close\"><\/button>\n    <\/div>\n\n<div class=\"modal modal-obls\" id=\"modal-login\">\n        <div class=\"modal-background\"><\/div>\n        <div class=\"modal-content\">\n           <div class=\"obls-group\" id=\"obls-group2\">\n               <div class=\"obls-blk\">\n                   <span class=\"img-box\"><img decoding=\"async\" src=\"\/img\/img-run-health.svg\" alt=\"\"><\/span>\n                   <div id=\"login-group-abc\" class=\"lfp-group-abc\"><!-- start login group -->\n                       <h2><span class=\"ez-toc-section\" id=\"Login\"><\/span>Login<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                       <label class=\"errormsg txt-red courseIn\"><\/label>\n                       <div class=\"formcontrol-group disable-loginemail\">\n                            <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mail.svg\" alt=\"\"><\/span>\n                            <input type=\"email\" name=\"email\" class=\"formcontrol ob-inputfield\" id=\"course-email\" required=\"\">\n                            <span class=\"floating-label\">Email Id<\/span>\n                       <\/div>\n                       <div class=\"loginnext-group\" id=\"loginnext-group\"><!-- pass and captcha -->\n                           <div class=\"formcontrol-group\">\n                                <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-lock.svg\" alt=\"\"><\/span>\n                                <input type=\"password\" name=\"pwd\" class=\"formcontrol ob-inputfield\" id=\"course-password\" required=\"\">\n                                <span class=\"floating-label\">Password<\/span>\n                           <\/div>\n                           <div style=\"display:none\" id=\"img-oblcaptcha\" class=\"captcha-img-blk\">\n                           <\/div>\n                           <div style=\"display:none\" class=\"formcontrol-group captcha-input-blk\">\n                                <input type=\"text\" name=\"pwd1\" value=\"1\" class=\"formcontrol ob-inputfield\" id=\"lcaptcha-code\" required=\"\">\n                                <span class=\"floating-label\">Enter text you see in the image<\/span>\n                           <\/div>\n                       <\/div><!-- pass and captcha -->\n                       \n                       <div class=\"btn-forgotpwd-group\"><button id=\"btn-forgotpwd\" class=\"btn btn-forgotpwd\">Forgot Password?<\/button><\/div>\n                       <button type=\"button\" id=\"coursein1\" class=\"btn btn-md btn-tblue btn-obls\" onclick=\"courseInValidation1()\">Next<\/button>\n                       <button type=\"button\" id=\"coursein\" class=\"btn btn-md btn-tblue btn-obls coursein\" onclick=\"courseInValidation('https:\/\/u1.oliveboard.in\/exams\/?c=dashboard&amp;i=common')\">Submit<\/button>\n                       <form method=\"post\" action=\"https:\/\/login.oliveboard.in\/login\/next.php\" id=\"snf1\">\n                        <input type=\"hidden\" name=\"email\" value=\"\" id=\"lemailnext\">\n                        <\/form>\n                   <\/div><!-- end login group -->\n                   <div id=\"forgotpwd-group-abc\" class=\"lfp-group-abc forgotpwd-group-abc\"><!-- start forgotpwd group -->\n                       <h2><span class=\"ez-toc-section\" id=\"Forgot_Password\"><\/span>Forgot Password<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                       <p class=\"secintro-txt\">Please enter the Email ID we will send you a Email with the link to reset the password.<\/p>\n                       <label class=\"errormsg txt-red rePassMsg\"><\/label>\n                       <div class=\"formcontrol-group formcontrol-group-fp\">\n                            <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mail.svg\" alt=\"\"><\/span>\n                            <input type=\"email\" name=\"email\" class=\"formcontrol ob-inputfield\" id=\"remail\" required=\"\">\n                            <span class=\"floating-label\">Email Id<\/span>\n                       <\/div>\n                       <div class=\"loginas-group loginas-group1\">\n                            <button type=\"button\" id=\"btn-fpwd-cancel\" class=\"btn btn-md btn-white btn-cancel btn-fpwd-cancel\">Cancel<\/button>\n                            <button type=\"button\" id=\"lreset\" class=\"btn btn-md btn-tblue btn-fpwd-submit\" onclick=\"resetPassword()\">Submit<\/button>\n                       <\/div>\n                    <\/div><!-- end forgotpwd group --> \n                   <h6 class=\"login-subheader\">Or, login with<\/h6>\n                   <div class=\"loginas-group loginas-group2 loginas-group-single\">\n\n <div id=\"g_id_onload\" data-client_id=\"506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com\" ,=\"\" data-use_fedcm_for_prompt=\"true\" data-callback=\"handleOnetapResponse\">\n    <\/div>\n    <div class=\"g_id_signin\" data-type=\"standard\"><div class=\"S9gUrf-YoZ4jf\" style=\"position: relative;\"><div><div tabindex=\"0\" role=\"button\" aria-labelledby=\"button-label\" class=\"nsm7Bb-HzV7m-LgbsSe  hJDwNd-SxQuSe i5vt6e-Ia7Qfc uaxL4e-RbRzK\"><div class=\"nsm7Bb-HzV7m-LgbsSe-MJoBVe\"><\/div><div class=\"nsm7Bb-HzV7m-LgbsSe-bN97Pc-sM5MNb \"><div class=\"nsm7Bb-HzV7m-LgbsSe-Bz112c\"><svg version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 48 48\" class=\"LgbsSe-Bz112c\"><g><path fill=\"#EA4335\" d=\"M24 9.5c3.54 0 6.71 1.22 9.21 3.6l6.85-6.85C35.9 2.38 30.47 0 24 0 14.62 0 6.51 5.38 2.56 13.22l7.98 6.19C12.43 13.72 17.74 9.5 24 9.5z\"><\/path><path fill=\"#4285F4\" d=\"M46.98 24.55c0-1.57-.15-3.09-.38-4.55H24v9.02h12.94c-.58 2.96-2.26 5.48-4.78 7.18l7.73 6c4.51-4.18 7.09-10.36 7.09-17.65z\"><\/path><path fill=\"#FBBC05\" d=\"M10.53 28.59c-.48-1.45-.76-2.99-.76-4.59s.27-3.14.76-4.59l-7.98-6.19C.92 16.46 0 20.12 0 24c0 3.88.92 7.54 2.56 10.78l7.97-6.19z\"><\/path><path fill=\"#34A853\" d=\"M24 48c6.48 0 11.93-2.13 15.89-5.81l-7.73-6c-2.15 1.45-4.92 2.3-8.16 2.3-6.26 0-11.57-4.22-13.47-9.91l-7.98 6.19C6.51 42.62 14.62 48 24 48z\"><\/path><path fill=\"none\" d=\"M0 0h48v48H0z\"><\/path><\/g><\/svg><\/div><span class=\"nsm7Bb-HzV7m-LgbsSe-BPrWId\">Sign in with Google<\/span><span class=\"L6cTce\" id=\"button-label\">Sign in with Google. Opens in new tab<\/span><\/div><\/div><\/div><iframe src=\"https:\/\/accounts.google.com\/gsi\/button?type=standard&amp;is_fedcm_supported=true&amp;client_id=506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com&amp;iframe_id=gsi_437400_306436&amp;cas=pwXumGxyCMNtIbjaV30qchi2A1vUar%2Faz%2FOE5HQ%2B0Zc\" class=\"L5Fo6c-PQbLGe\" allow=\"identity-credentials-get\" id=\"gsi_437400_306436\" title=\"Sign in with Google Button\" style=\"display: block; position: relative; top: 0px; left: 0px; height: 0px; width: 0px; border: 0px;\"><\/iframe><\/div><\/div>\n\n\n                   <\/div>\n                    <p class=\"obls-footer\">New to Oliveboard?<button class=\"btn btn-xs btn-switch-obls\" id=\"btn-show-modal-signup\">Register<\/button><\/p>\n               <\/div> \n            <\/div> \n            <div class=\"success-msg-group\" id=\"success-msg-group\"><!-- success msg -->\n                <div class=\"success-msg-blk\" id=\"success-msg-blk\">\n                    <span class=\"img-box\"><img decoding=\"async\" src=\"\/img\/success-ellipse.svg\" alt=\"\"><\/span>\n                    <h2 id=\"fpwd-success-msg-title\"><span class=\"ez-toc-section\" id=\"i\"><\/span>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                    <p id=\"fpwd-success-msg-text\">&nbsp;<\/p>\n                    <div class=\"login-btn\">\n                        <button type=\"button\" class=\"btn btn-md btn-tblue modal-obls-close\">Ok<\/button>\n                    <\/div>\n\n                <\/div>\n            <\/div><!-- success msg -->\n\n        <\/div>\n        <button class=\"modal-close is-large modal-obls-close\" aria-label=\"close\"><\/button>\n    <\/div>\n\n<script src=\"https:\/\/s3-ap-southeast-1.amazonaws.com\/sg2.oliveboard.in\/static\/js\/jquery.js\"><\/script>\n\n<script>\nvar boxurl = window.location.href + '?log=1';\n\nfunction getUrlParam(name, defaultValue) {\n    const params = new URLSearchParams(window.location.search);\n    return params.has(name) ? params.get(name) : defaultValue;\n}\n\nvar l_log = getUrlParam('log', 0);\n<\/script>\n<script src=\"https:\/\/www.oliveboard.in\/js\/coursecommon.js?v=12\"><\/script>\n\n\n<script>\n(() => {\n  const quizContainer = document.getElementById('quiz-1');\n  const STORAGE_KEY = 'quiz_1_state';\n  let score = 0;\n  let attempted = 0;\n  let correct = 0;\n  let wrong = 0;\n\n  const questions = quizContainer.querySelectorAll(\".question\");\n  const total = questions.length;\n\n  function loadState() {\n    try { return JSON.parse(sessionStorage.getItem(STORAGE_KEY) || '{}'); }\n    catch { return {}; }\n  }\n\n  function saveState(data) {\n    sessionStorage.setItem(STORAGE_KEY, JSON.stringify(data));\n  }\n\n  function updateUI() {\n    const unattempted = total - attempted;\n    quizContainer.querySelector('[data-count=\"attempted\"]').textContent = attempted;\n    quizContainer.querySelector('[data-count=\"correct\"]').textContent = correct;\n    quizContainer.querySelector('[data-count=\"wrong\"]').textContent = wrong;\n    quizContainer.querySelector('[data-count=\"unattempted\"]').textContent = unattempted;\n    quizContainer.querySelector('[data-summary=\"attempted\"]').style.width = (attempted \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-summary=\"correct\"]').style.width = (correct \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-summary=\"wrong\"]').style.width = (wrong \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-summary=\"unattempted\"]').style.width = (unattempted \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-score]').textContent = score.toFixed(2);\n\n    \/\/ Live score update in sticky header\n    document.getElementById('quiz-1-score-value').textContent = score.toFixed(2);\n  }\n\n  function restoreQuestion(q, chosenIndex, wasCorrect) {\n    q.dataset.answered = \"true\";\n    const buttons = q.querySelectorAll(\"button\");\n    buttons.forEach(b => b.classList.add(\"locked\"));\n    if (wasCorrect) {\n      buttons[chosenIndex].classList.add(\"correct\");\n    } else {\n      buttons[chosenIndex].classList.add(\"wrong\");\n      q.querySelector(\"[data-correct='true']\").classList.add(\"correct\");\n    }\n  }\n\n  \/\/ Restore saved answers on page load\n  const savedAnswers = loadState();\nquestions.forEach((q, qIndex) => {\n    const saved = savedAnswers[qIndex];\n    if (saved !== undefined) {\n      attempted++;\n      if (saved.correct) { correct++; }\n      else { wrong++; }\n      restoreQuestion(q, saved.chosenIndex, saved.correct);\n    }\n  });\n  score = parseFloat((correct * 1 - wrong * 0.25).toFixed(2));\n  updateUI();\n\n  \/\/ Attach click handlers\n  questions.forEach((q, qIndex) => {\n    q.querySelectorAll(\"button\").forEach((btn, btnIndex) => {\n      btn.addEventListener(\"click\", () => {\n        if (q.dataset.answered === \"true\") return;\n        q.dataset.answered = \"true\";\n        attempted++;\n\n        if (attempted > 20 && l_log == 0) {\n          $('#modal-signup').addClass('is-active');\n        }\n\n        q.querySelectorAll(\"button\").forEach(b => b.classList.add(\"locked\"));\n        const isCorrect = btn.dataset.correct === \"true\";\n\n if (isCorrect) {\n          btn.classList.add(\"correct\");\n          correct++;\n        } else {\n          btn.classList.add(\"wrong\");\n          wrong++;\n          q.querySelector(\"[data-correct='true']\").classList.add(\"correct\");\n        }\n        score = parseFloat((correct * 1 - wrong * 0.25).toFixed(2));\n\n        savedAnswers[qIndex] = { chosenIndex: btnIndex, correct: isCorrect };\n        saveState(savedAnswers);\n        updateUI();\n      });\n    });\n  });\n\n  updateUI();\n})();\n<\/script>\n\n<\/body>\n<\/html>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/sebi-grade-a-mock-test\/?ref=contac-blog-snr\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt A Free SEBI Grade A Mock Test<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-did-sebi-introduce-intraday-borrowing-for-mutual-funds\"><span class=\"ez-toc-section\" id=\"Why_did_SEBI_introduce_intraday_borrowing_for_mutual_funds\"><\/span>Why did SEBI introduce intraday borrowing for mutual funds?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>SEBI introduced this rule to solve a practical liquidity problem faced by mutual funds, especially in short-term debt schemes.<\/p>\n\n\n\n<p>Mutual funds often receive redemption requests in the morning, but the actual inflow from securities matures later in the day. This creates a temporary cash gap, which can affect smooth payouts.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Redemption requests are processed early in the day<\/li>\n\n\n\n<li>Cash inflows from investments come later<\/li>\n\n\n\n<li>Temporary liquidity mismatch occurs<\/li>\n\n\n\n<li>Intraday borrowing bridges this gap<\/li>\n\n\n\n<li>Ensures timely payment to investors<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-an-asset-management-company-amc\"><span class=\"ez-toc-section\" id=\"What_is_an_Asset_Management_Company_AMC\"><\/span>What is an Asset Management Company (AMC)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>An Asset Management Company (AMC) is the organization that manages mutual fund schemes on behalf of investors. It pools money from investors and invests it in different financial instruments like equities, bonds, and money market securities.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>AMC manages mutual fund schemes<\/li>\n\n\n\n<li>Invests pooled investor money<\/li>\n\n\n\n<li>Charges a management fee<\/li>\n\n\n\n<li>Responsible for NAV calculation<\/li>\n\n\n\n<li>Ensures compliance with SEBI rules<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-liquid-funds-and-overnight-funds\"><span class=\"ez-toc-section\" id=\"What_are_liquid_funds_and_overnight_funds\"><\/span>What are liquid funds and overnight funds?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Liquid and overnight funds are short-term debt mutual fund schemes that are most affected by cash flow mismatches.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Liquid funds invest in instruments with maturity up to 91 days<\/li>\n\n\n\n<li>Overnight funds invest for just 1 day<\/li>\n\n\n\n<li>Both are highly liquid and low-risk<\/li>\n\n\n\n<li>Commonly used for parking surplus cash<\/li>\n\n\n\n<li>Sensitive to redemption timing issues<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/test-series\/?ref=contac-blog-snr\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt A Free Mock Test<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-redemption-and-why-does-it-create-liquidity-mismatch\"><span class=\"ez-toc-section\" id=\"What_is_redemption_and_why_does_it_create_liquidity_mismatch\"><\/span>What is redemption and why does it create liquidity mismatch?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Redemption means withdrawing money from a mutual fund scheme. When many investors redeem units at the same time, the fund must arrange cash immediately.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Investors request withdrawal (redemption)<\/li>\n\n\n\n<li>Fund must pay within settlement timelines<\/li>\n\n\n\n<li>Investments may not mature immediately<\/li>\n\n\n\n<li>Temporary cash shortage occurs<\/li>\n\n\n\n<li>Leads to liquidity pressure on AMCs<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-embed wp-embed-aspect-16-9 wp-has-aspect-ratio  is-type-video is-provider-youtube wp-block-embed-youtube\"><div class=\"wp-block-embed__wrapper video-seo-youtube-embed-wrapper\"><div class=\"video-seo-youtube-player\" data-id=\"XJmYPZYCQLc\"><\/div><\/div><\/figure>\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-treps-in-mutual-funds\"><span class=\"ez-toc-section\" id=\"What_is_TREPS_in_mutual_funds\"><\/span>What is TREPS in mutual funds?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>TREPS (Tri-Party Repo) is a short-term money market instrument used by mutual funds to park or borrow funds for very short durations.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Full form: Tri-Party Repo<\/li>\n\n\n\n<li>Used for short-term lending and borrowing<\/li>\n\n\n\n<li>Backed by government securities<\/li>\n\n\n\n<li>Highly safe and liquid instrument<\/li>\n\n\n\n<li>Helps in daily liquidity management<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-idcw-in-mutual-funds\"><span class=\"ez-toc-section\" id=\"What_is_IDCW_in_mutual_funds\"><\/span>What is IDCW in mutual funds?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>IDCW stands for Income Distribution cum Capital Withdrawal, which is a payout option in mutual funds where investors receive periodic income.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Earlier known as dividend option<\/li>\n\n\n\n<li>Investors receive periodic payouts<\/li>\n\n\n\n<li>NAV reduces after payout<\/li>\n\n\n\n<li>Used for income generation<\/li>\n\n\n\n<li>Suitable for regular cash flow needs<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/courses\/?ref=contac-blog-snr\" target=\"_blank\" rel=\"noreferrer noopener\">Explore the Online Courses<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-general-borrowing-rules-for-mutual-funds\"><span class=\"ez-toc-section\" id=\"What_are_general_borrowing_rules_for_mutual_funds\"><\/span>What are general borrowing rules for mutual funds?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>SEBI allows mutual funds to borrow money under strict conditions to manage operational requirements like redemptions or payouts.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Borrowing allowed for operational needs only<\/li>\n\n\n\n<li>Includes redemption and IDCW payments<\/li>\n\n\n\n<li>Maximum borrowing limit is 20% of net assets<\/li>\n\n\n\n<li>Maximum tenure allowed is 6 months<\/li>\n\n\n\n<li>Borrowing cannot be used for investment purposes<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-the-rules-for-intraday-borrowing-under-sebi-guidelines\"><span class=\"ez-toc-section\" id=\"What_are_the_rules_for_intraday_borrowing_under_SEBI_guidelines\"><\/span>What are the rules for intraday borrowing under SEBI guidelines?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Intraday borrowing is strictly regulated to ensure it is used only for liquidity management and not for speculation or investment purposes.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Must be approved by AMC board and trustees<\/li>\n\n\n\n<li>Must be disclosed publicly<\/li>\n\n\n\n<li>Only for operational liquidity needs<\/li>\n\n\n\n<li>No speculative use allowed<\/li>\n\n\n\n<li>Borrowing linked to expected same-day inflows<\/li>\n\n\n\n<li>Cannot exceed anticipated receivables<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/previous-year-papers\/?ref=contac-blog-snr\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt Previous Year Papers<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-which-inflows-are-eligible-for-intraday-borrowing\"><span class=\"ez-toc-section\" id=\"Which_inflows_are_eligible_for_intraday_borrowing\"><\/span>Which inflows are eligible for intraday borrowing?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>SEBI allows intraday borrowing only against confirmed or highly certain same-day inflows.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>TREPS maturity proceeds<\/li>\n\n\n\n<li>Reverse repo maturity<\/li>\n\n\n\n<li>Government securities maturity (T-Bills, SDLs, STRIPS)<\/li>\n\n\n\n<li>Interest income from securities<\/li>\n\n\n\n<li>Sale proceeds of securities<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1774610359405\"><strong class=\"schema-faq-question\">1. What is SEBI\u2019s new rule for mutual funds?<\/strong> <p class=\"schema-faq-answer\">SEBI has allowed mutual funds to take intraday borrowing to manage short-term liquidity gaps.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1774610360320\"><strong class=\"schema-faq-question\">2. What is intraday borrowing in mutual funds?<\/strong> <p class=\"schema-faq-answer\">It is borrowing taken and repaid on the same day to meet temporary cash requirements.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1774610360888\"><strong class=\"schema-faq-question\">3. Why did SEBI introduce intraday borrowing?<\/strong> <p class=\"schema-faq-answer\">To solve timing mismatch between redemption payouts and actual cash inflows.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1774610361856\"><strong class=\"schema-faq-question\">4. Which mutual fund schemes are most affected by this rule?<\/strong> <p class=\"schema-faq-answer\">Liquid funds and overnight funds are most impacted.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1774610362345\"><strong class=\"schema-faq-question\">5. <strong>Is there a borrowing limit for intraday borrowing?<\/strong><\/strong> <p class=\"schema-faq-answer\">There is no fixed 20% limit, but it cannot exceed same-day expected inflows.<\/p> <\/div> <\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/50-most-repetitive-jaiib-rbwm-mcqs\/\">50 Most Repetitive MCQs for JAIIB RBWM 2026, Download PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/global-economic-prospects-report-quiz\/\">Attempt Global Economic Prospects Report Quiz and Download PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/global-financial-stability-report-quiz\/\">Attempt Global Financial Stability Report Quiz and Download PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/global-risk-report-quiz\/\">Attempt Global Risks Report\u00a0Practice Quiz and Download PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/global-hunger-index-quiz\/\">Attempt Global Hunger Index Practice Quiz and Download PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/global-gender-gap-report-quiz\/\">Attempt Global Gender Gap Report Quiz, Download Free PDF<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Mutual funds play a key role in helping investors grow their money in a simple and diversified way. But behind<\/p>\n","protected":false},"author":58,"featured_media":240769,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2151,10237],"tags":[],"class_list":["post-240764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-quiz_test","category-preparation-resources","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI New Rule for Mutual Funds, Intraday Borrowing, Check Details<\/title>\n<meta name=\"description\" content=\"Learn about the SEBI new rule for mutual funds that enhances timely redemptions and supports liquidity management strategies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEBI New Rule for Mutual Funds, Intraday Borrowing, Check Details\" \/>\n<meta property=\"og:description\" content=\"Mutual funds play a key role in helping investors grow their money in a simple and diversified way. But behind the scenes, fund managers often face\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/\" \/>\n<meta property=\"og:site_name\" content=\"Oliveboard\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Oliveboard\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-29T14:57:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-29T14:57:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/03\/SEBI-1-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"AditiOB\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:site\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"AditiOB\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/\"},\"author\":{\"name\":\"AditiOB\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/0cbc4ac8555ced346681804861de062c\"},\"headline\":\"SEBI New Rule for Mutual Funds, Intraday Borrowing, Check Details\",\"datePublished\":\"2026-03-29T14:57:20+00:00\",\"dateModified\":\"2026-03-29T14:57:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/\"},\"wordCount\":1788,\"publisher\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/03\/SEBI-1-1.webp\",\"articleSection\":[\"Practice Questions\",\"Prep Resources\"],\"inLanguage\":\"en-US\"},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/\",\"name\":\"SEBI New Rule for Mutual Funds, Intraday Borrowing, Check Details\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/03\/SEBI-1-1.webp\",\"datePublished\":\"2026-03-29T14:57:20+00:00\",\"dateModified\":\"2026-03-29T14:57:24+00:00\",\"description\":\"Learn about the SEBI new rule for mutual funds that enhances timely redemptions and supports liquidity management strategies.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610359405\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610360320\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610360888\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610361856\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610362345\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#primaryimage\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/03\/SEBI-1-1.webp\",\"contentUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/03\/SEBI-1-1.webp\",\"width\":730,\"height\":480},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Prep Resources\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/category\/preparation-resources\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"SEBI New Rule for Mutual Funds\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/\",\"name\":\"Oliveboard\",\"description\":\"Free Govt. Exam Alerts &amp; Resources\",\"publisher\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.oliveboard.in\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\",\"name\":\"Oliveboard\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/11\/logo.png\",\"contentUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/11\/logo.png\",\"width\":150,\"height\":40,\"caption\":\"Oliveboard\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Oliveboard\",\"https:\/\/x.com\/Oliveboard\",\"https:\/\/www.instagram.com\/oliveboard.in\/\",\"https:\/\/www.youtube.com\/channel\/UCRvrHAyNdOMI_JBkE2pjZtw?sub_confirmation=1\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/0cbc4ac8555ced346681804861de062c\",\"name\":\"AditiOB\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d1e881725409eac0bd9260c141e2a522d2a6a86c9dfeba73e8523e493f39e045?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d1e881725409eac0bd9260c141e2a522d2a6a86c9dfeba73e8523e493f39e045?s=96&d=mm&r=g\",\"caption\":\"AditiOB\"},\"description\":\"Hi, I\u2019m Aditi. I work as a Content Writer at Oliveboard, where I have been simplifying exam-related content for the past 4 years. I create clear and easy-to-understand guides for JAIIB, CAIIB, and UGC exams. My work includes breaking down notifications, admit cards, and exam updates, as well as preparing study plans and subject-wise strategies. My goal is to support working professionals in managing their exam preparation alongside a full-time job and to help them achieve career growth.\",\"sameAs\":[\"www.linkedin.com\/in\/aditi-chakraborty-131b3b379\"]},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610359405\",\"position\":1,\"url\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610359405\",\"name\":\"1. What is SEBI\u2019s new rule for mutual funds?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"SEBI has allowed mutual funds to take intraday borrowing to manage short-term liquidity gaps.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610360320\",\"position\":2,\"url\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610360320\",\"name\":\"2. What is intraday borrowing in mutual funds?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is borrowing taken and repaid on the same day to meet temporary cash requirements.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610360888\",\"position\":3,\"url\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610360888\",\"name\":\"3. Why did SEBI introduce intraday borrowing?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"To solve timing mismatch between redemption payouts and actual cash inflows.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610361856\",\"position\":4,\"url\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610361856\",\"name\":\"4. Which mutual fund schemes are most affected by this rule?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Liquid funds and overnight funds are most impacted.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610362345\",\"position\":5,\"url\":\"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610362345\",\"name\":\"5. Is there a borrowing limit for intraday borrowing?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There is no fixed 20% limit, but it cannot exceed same-day expected inflows.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<meta property=\"og:video\" content=\"https:\/\/www.youtube.com\/embed\/XJmYPZYCQLc\" \/>\n<meta property=\"og:video:type\" content=\"text\/html\" \/>\n<meta property=\"og:video:duration\" content=\"1621\" \/>\n<meta property=\"og:video:width\" content=\"480\" \/>\n<meta property=\"og:video:height\" content=\"270\" \/>\n<meta property=\"ya:ovs:adult\" content=\"false\" \/>\n<meta property=\"ya:ovs:upload_date\" content=\"2026-03-29T14:57:20+00:00\" \/>\n<meta property=\"ya:ovs:allow_embed\" content=\"true\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"SEBI New Rule for Mutual Funds, Intraday Borrowing, Check Details","description":"Learn about the SEBI new rule for mutual funds that enhances timely redemptions and supports liquidity management strategies.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/","og_locale":"en_US","og_type":"article","og_title":"SEBI New Rule for Mutual Funds, Intraday Borrowing, Check Details","og_description":"Mutual funds play a key role in helping investors grow their money in a simple and diversified way. But behind the scenes, fund managers often face","og_url":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/","og_site_name":"Oliveboard","article_publisher":"https:\/\/www.facebook.com\/Oliveboard","article_published_time":"2026-03-29T14:57:20+00:00","article_modified_time":"2026-03-29T14:57:24+00:00","og_image":[{"width":730,"height":480,"url":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/03\/SEBI-1-1.webp","type":"image\/webp"}],"author":"AditiOB","twitter_card":"summary_large_image","twitter_creator":"@Oliveboard","twitter_site":"@Oliveboard","twitter_misc":{"Written by":"AditiOB","Est. reading time":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#article","isPartOf":{"@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/"},"author":{"name":"AditiOB","@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/0cbc4ac8555ced346681804861de062c"},"headline":"SEBI New Rule for Mutual Funds, Intraday Borrowing, Check Details","datePublished":"2026-03-29T14:57:20+00:00","dateModified":"2026-03-29T14:57:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/"},"wordCount":1788,"publisher":{"@id":"https:\/\/www.oliveboard.in\/blog\/#organization"},"image":{"@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#primaryimage"},"thumbnailUrl":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/03\/SEBI-1-1.webp","articleSection":["Practice Questions","Prep Resources"],"inLanguage":"en-US"},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/","url":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/","name":"SEBI New Rule for Mutual Funds, Intraday Borrowing, Check Details","isPartOf":{"@id":"https:\/\/www.oliveboard.in\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#primaryimage"},"image":{"@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#primaryimage"},"thumbnailUrl":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/03\/SEBI-1-1.webp","datePublished":"2026-03-29T14:57:20+00:00","dateModified":"2026-03-29T14:57:24+00:00","description":"Learn about the SEBI new rule for mutual funds that enhances timely redemptions and supports liquidity management strategies.","breadcrumb":{"@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610359405"},{"@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610360320"},{"@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610360888"},{"@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610361856"},{"@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610362345"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#primaryimage","url":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/03\/SEBI-1-1.webp","contentUrl":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/03\/SEBI-1-1.webp","width":730,"height":480},{"@type":"BreadcrumbList","@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.oliveboard.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Prep Resources","item":"https:\/\/www.oliveboard.in\/blog\/category\/preparation-resources\/"},{"@type":"ListItem","position":3,"name":"SEBI New Rule for Mutual Funds"}]},{"@type":"WebSite","@id":"https:\/\/www.oliveboard.in\/blog\/#website","url":"https:\/\/www.oliveboard.in\/blog\/","name":"Oliveboard","description":"Free Govt. Exam Alerts &amp; Resources","publisher":{"@id":"https:\/\/www.oliveboard.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.oliveboard.in\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.oliveboard.in\/blog\/#organization","name":"Oliveboard","url":"https:\/\/www.oliveboard.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/11\/logo.png","contentUrl":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/11\/logo.png","width":150,"height":40,"caption":"Oliveboard"},"image":{"@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Oliveboard","https:\/\/x.com\/Oliveboard","https:\/\/www.instagram.com\/oliveboard.in\/","https:\/\/www.youtube.com\/channel\/UCRvrHAyNdOMI_JBkE2pjZtw?sub_confirmation=1"]},{"@type":"Person","@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/0cbc4ac8555ced346681804861de062c","name":"AditiOB","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d1e881725409eac0bd9260c141e2a522d2a6a86c9dfeba73e8523e493f39e045?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d1e881725409eac0bd9260c141e2a522d2a6a86c9dfeba73e8523e493f39e045?s=96&d=mm&r=g","caption":"AditiOB"},"description":"Hi, I\u2019m Aditi. I work as a Content Writer at Oliveboard, where I have been simplifying exam-related content for the past 4 years. I create clear and easy-to-understand guides for JAIIB, CAIIB, and UGC exams. My work includes breaking down notifications, admit cards, and exam updates, as well as preparing study plans and subject-wise strategies. My goal is to support working professionals in managing their exam preparation alongside a full-time job and to help them achieve career growth.","sameAs":["www.linkedin.com\/in\/aditi-chakraborty-131b3b379"]},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610359405","position":1,"url":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610359405","name":"1. What is SEBI\u2019s new rule for mutual funds?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"SEBI has allowed mutual funds to take intraday borrowing to manage short-term liquidity gaps.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610360320","position":2,"url":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610360320","name":"2. What is intraday borrowing in mutual funds?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"It is borrowing taken and repaid on the same day to meet temporary cash requirements.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610360888","position":3,"url":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610360888","name":"3. Why did SEBI introduce intraday borrowing?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"To solve timing mismatch between redemption payouts and actual cash inflows.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610361856","position":4,"url":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610361856","name":"4. Which mutual fund schemes are most affected by this rule?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Liquid funds and overnight funds are most impacted.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610362345","position":5,"url":"https:\/\/www.oliveboard.in\/blog\/sebi-new-rule-for-mutual-funds\/#faq-question-1774610362345","name":"5. Is there a borrowing limit for intraday borrowing?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"There is no fixed 20% limit, but it cannot exceed same-day expected inflows.","inLanguage":"en-US"},"inLanguage":"en-US"}]},"og_video":"https:\/\/www.youtube.com\/embed\/XJmYPZYCQLc","og_video_type":"text\/html","og_video_duration":"1621","og_video_width":"480","og_video_height":"270","ya_ovs_adult":"false","ya_ovs_upload_date":"2026-03-29T14:57:20+00:00","ya_ovs_allow_embed":"true"},"_links":{"self":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/240764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/comments?post=240764"}],"version-history":[{"count":3,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/240764\/revisions"}],"predecessor-version":[{"id":240785,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/240764\/revisions\/240785"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/media\/240769"}],"wp:attachment":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/media?parent=240764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/categories?post=240764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/tags?post=240764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}