
The short answer
The SEBI warning for mutual fund ads is: “Mutual Fund investments are subject to market risks, read all scheme related documents carefully.” For investment advisers and research analysts it is: “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.” Neither may be reworded, and in a video each must appear on screen and be read aloud.
The official Hindi mutual fund warning is: “म्यूचुअल फंड निवेश बाजार जोखिमों के अधीन हैं, स्कीम से जुड़े सभी दस्तावेज़ ध्यान से पढ़ें”. Advisers and analysts also need a line saying their registration guarantees nothing, and approval from BSE's supervisory body before an ad goes out.
Your standard warning
What else it needs
The warnings, word for word
| For | English | Hindi |
|---|---|---|
| Mutual funds | “Mutual Fund investments are subject to market risks, read all scheme related documents carefully.” (14 words) | “म्यूचुअल फंड निवेश बाजार जोखिमों के अधीन हैं, स्कीम से जुड़े सभी दस्तावेज़ ध्यान से पढ़ें” (16 words, official) |
| Investment advisers and research analysts | “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.” (17 words) | “प्रतिभूति बाजार में निवेश बाजार जोखिमों के अधीन है। निवेश करने से पहले सभी संबंधित दस्तावेज़ ध्यान से पढ़ें।” (our translation) |
A common slip is “Investments in securities market”. SEBI's text says “Investment”, and its codes allow no added or missing words, so copy the warning exactly, grammar included. The check above flags a changed warning.
The other lines your ad may need
| Line | Who needs it | Wording |
|---|---|---|
| Registration line | Investment advisers | “Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the IA or provide any assurance of returns to investors.” |
| Registration line | Research analysts | “Registration granted by SEBI, enlistment with BSE and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.” |
| Illustration line | Advisers and analysts, when an ad names a security as an example | “The securities quoted are for illustration only and are not recommendatory.” |
| Performance line | Portfolio managers, on any marketing that shows performance | A statement that the performance information is not verified by SEBI |
| Unverified performance | Advisers and analysts sharing older, accountant-certified figures one to one | SEBI's set disclaimer, which begins “The performance data presented herein are not verified by Past Risk and Return Verification Agency (PaRRVA)”. These figures may never be published. |
Where the warning goes on YouTube and Instagram
- Inside the video. SEBI's codes treat a video as audio-visual advertising, so the warning appears on screen and in the voiceover, not only in the description.
- In the caption or description as well. Many people watch on mute and read the caption, so repeat it there.
- On every clip. A reel cut from a longer video is seen on its own, so give each clip its own warning.
- In the runtime. The mutual fund warning takes at least 5 seconds of a reel. Our script length calculator shows how many words that leaves.
- In titles and thumbnails. Superlatives and return figures break the code there just as they do in the voiceover.
Mistakes the check catches
- Fixing SEBI's grammar. “Investments in securities market” reads better, but it is not the text, and the codes allow no change to it.
- The wrong warning. A mutual fund line on an adviser's reel, or the other way round. Each code has its own sentence.
- A warning that lives only in the description. In a video it belongs on screen and in the voiceover.
- An English warning on a Hindi ad. The warning follows the language of the ad.
- “SEBI registered” used as a badge of quality. The registration line exists to say the opposite: registration promises nothing about returns.
- Clips without their own warning. A reel cut from a long interview travels without the episode around it.
If you are a creator, not registered with SEBI
A line at the end of a video cannot turn a stock tip into education. Telling people what to buy or sell is advice, and advice needs SEBI registration. Funds, advisers and brokers have to vet the creators they work with, because SEBI holds them responsible for who they pay. Teaching how markets work, explaining terms and walking through history are all fine. The line to watch is price: SEBI says an educator should not use a named stock's price from the past 30 days in a way that points to its future price or a recommendation.
Our guide to SEBI's advertising and finfluencer rules covers each code in full, with every circular linked.
Questions people ask
What is the SEBI disclaimer for mutual funds?
“Mutual Fund investments are subject to market risks, read all scheme related documents carefully.” The sentence is set by the Fifth Schedule of SEBI's 2026 mutual fund regulations, and a video ad both shows it and speaks it.
What is the mutual fund disclaimer in Hindi?
The official Hindi text is “म्यूचुअल फंड निवेश बाजार जोखिमों के अधीन हैं, स्कीम से जुड़े सभी दस्तावेज़ ध्यान से पढ़ें”, from the Hindi edition of the SEBI (Mutual Funds) Regulations, 2026. SEBI's example of a clear Hindi warning in a video is these 16 words running for at least 5 seconds.
What disclaimer does a SEBI-registered research analyst need?
Two fixed lines in every ad: the advisers' and analysts' market-risk warning, and a line saying that SEBI registration, BSE enlistment and NISM certification guarantee neither performance nor returns. Both are in the generator above, word for word. An ad that uses a stock as an example adds that it is for illustration only.
What disclaimer should I put on a stock market YouTube channel?
A registered firm puts its code's standard warning inside every video, as text and voice, and repeats it in the description. An unregistered creator can say the channel is for education only, but that line does not make stock tips legal, so the content itself has to stay educational.
How long should the disclaimer run in a video?
Plan on 5 seconds or more for a mutual fund ad, in English or Hindi, and about 9 seconds for an adviser or analyst. Those figures follow SEBI's own examples of a warning that is clear enough to follow, which the codes give instead of a fixed duration.
Can I shorten or reword the SEBI disclaimer?
No. The wording is fixed, down to SEBI's own grammar, and a shortened version breaks the rule. The one change allowed is language: an ad in Hindi, Tamil or any other language carries an accurate translation.
Sources
- SEBI (Mutual Funds) Regulations, 2026, as amended to 7 July 2026 (Fifth Schedule)
- SEBI (Mutual Funds) Regulations, 2026, Gazette of India notification in Hindi and English (14 January 2026)
- SEBI, Advertisement code for Investment Advisers and Research Analysts (5 April 2023)
- SEBI, Master Circular for Investment Advisers (February 2026)
- SEBI, Master Circular for Research Analysts (February 2026)
- SEBI, Master Circular for Portfolio Managers (July 2025)
- SEBI, Interim arrangement for certified past performance (30 October 2025)
- SEBI, Norms for sharing and usage of price data for educational purposes (8 May 2026)

