Market regulator Securities and Exchange Board of India has notified wide-ranging reforms for mutual fund sector, which would provide incentives to fund houses for expanding to small cities . Sebi said in a notification today that the changes, which would come into effect from next month, would require fund houses to make half-yearly financialresults within one month of the end of every six-month period.The decisions were approved by Sebi's board in its last meeting on August 16 with an aim to re-energise the mutual fund industry, by expanding its distribution network among other steps.