How a mutual fund can register with SEBI ?

The application Form A must be submitted by an applicant who wants to sponsor a mutual funds in India. After the application has been reviewed, the sponsor must submit Form A along with a Rs.25,000 fee. These include executing the trust agreement and investment management agreement, setting-up a trustee company/board consisting of two-thirds independent trustees, incorporating the asset management company, contributing at least 40% to the AMC's net worth, and appointing an administrator. After satisfying these conditions, the registration certificates are issued. The registration fees for the AMC amount to Rs.25.00 lakhs. See the SEBI (Mutual Funds Regulations), 1996 for more information.