Over ₹57,000 crore of mutual fund money in flux after Sebi axes solution-oriented schemes; investors left in the lurch
Last Update Date: 06-10-2026
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar said his firm has received many queries about life cycle funds, and noted that, unlike the lock-in schemes being scrapped, they let investors move their money when needed.
More of Abhishek's views on mutual funds
The article reports on SEBI's February 2026 decision to discontinue solution-oriented mutual fund schemes such as children's and retirement funds, leaving over ₹57,000 crore uncertain. It covers investor concerns about lock-ins and mergers, industry efforts to keep the category, and the new life cycle funds offered as an alternative.
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Over ₹57,000 crore of mutual fund money in flux after Sebi axes solution-oriented schemes; investors left in the lurch