Co-operative Societies Regulation 2003 MADE by the Head of State, acting with, and in accordance with, the advice of the National Executive Council under the Co-operative Societies Act 1982. FEES. Fees payable to the Registrar in respect of matters in the Act are shown opposite the description of each matter in Schedule 1.

Besides SEBI, mutual funds are regulated by RBI, Indian Companies Act 1956, Stock exchange, Indian Trust Act, 1882 and Ministry of Finance. RBI acts as a regulator of sponsors for mutual funds that are sponsored by banks, mainly in case of funds offering guaranteed returns scheme for which the mutual fund should have the approval of RBI.