Role of SEBI :

The Securities and Exchange Board of India (SEBI) controls corporate debt market in cases where entities raise money from public through public issues.

It regulates the manner in which such money are raised and ensure a fair play for the retail investor. The issuers are required to make the retail investor aware, of the risks inherent in the investment, by way of disclosure. Being regulator for the Mutual Funds in India SEBI regulates the entry of new mutual funds in the industry and also the instruments in which mutual funds can invest.