- Portfolio Management Services and Mutual Funds must comply with SEBI regulations.
- SEBI approved amendments to regulations aimed at easing business operations and enhancing investor protection in the Indian financial markets.
SEBI introduces TROP plans and defines expert advisory roles
What happened
SEBI introduced Term Plans with Return of Premiums (TROP) plans, which provide life insurance protection during the policy term. If the policyholder survives until maturity, the insurer returns the premiums paid, subject to the policy’s terms and conditions. The regulatory action also defined the advisory role of registered experts regarding these plans.
Why it matters
The introduction of TROP plans addresses the perception that pure protection plans offer no benefit if the policyholder survives the term. This regulatory change is part of SEBI’s broader efforts to enhance investor protection while easing business operations within the Indian financial markets.
SEBI approved amendments to regulations aimed at easing business operations and enhancing investor protection in the Indian financial markets.
Who's involved
- Securities and Exchange Board of IndiaRegulator that introduced the TROP plans and defined advisory roles
Keep exploring
Part of
SEBI approved amendments to regulations aimed at easing business operations and enhancing investor protection in the Indian financial markets.Also in this story
- The Securities and Exchange Board of India amended buyback regulations to simplify compliance for listed companies.
- SEBI introduced Life Cycle Funds (LCFs) for the mutual fund industry.
Within Portfolio Management Services and Mutual Funds must comply with SEBI regulations.
The entities involved
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Securities and Exchange Board of India
registration authority
Related events
- JSW One Platforms filed a Draft Red Herring Prospectus with SEBI, targeting the Indian market for an IPO.
- A ruling from the Delhi High Court impacts entities regulated by SEBI.
- SEBI proposals have been released detailing how the final appeal venue will be affected.
- SEBI spoke at an event hosted by the Association of Investment Bankers of India on September 23, 2026.
- SEBI is revamping the rules and framework for Portfolio Management Services (PMS).