New Delhi, July 17 -- The capital markets regulator Securities and Exchange Board of India (Sebi) has issued a new master circular for portfolio managers. The latest circular now supersedes the earlier one dated June 7, 2024.

The latest master circular dated July 16, 2025 lists out a number of do's and dont's for portfolio managers. Among a myriad of diktats, one pertinent thing which has been highlighted revolves around thesocial media.

Amid a growing menace of social media channels soliciting funds from the subscribers and followers, Sebi - via this master circular - has cautioned the portfolio managers and told them to stay vigilant and monitor social media channels regularly in order to identify the persons or groups which claim to ...