News > Sebi to bank on AI based technology for inspections and surveillance of mutual funds

Sebi to bank on AI based technology for inspections and surveillance of mutual funds

Bringing better technology to use, the markets regulator, Securities and Exchange Board of India (Sebi) is set to roll-out new technology to automate inspections and surveillance of mutual funds.

Under the new automation project, mutual fund-related data would be ingested in the Sebi database and use of algorithms in order to generate instances of breaches of regulatory guidelines by mutual funds in respect of several important guidelines where quantitative analysis is possible.