Retail Schemes
Regulation 42
Retail Schemes
IFSCA (Fund Management) Regulations, 2025No change in 2026Chapter III · Schemes for Fund Management
Chapter III · Schemes for Fund Management
Regulation 42 – Retail Schemes
about 3 min
Retail schemes: Launch process, investor protection, concentration limits and disclosure for retail schemes.
1
In plain English
Retail Schemes pool money from the general public (or a section of investors) via an , launched only by Registered FMEs (Retail).
In plain English
2
The rule, in its own words
Read the exact text of Regulation 42
42. Retail Schemes are schemes that may be launched by Registered FMEs (Retail) for pooling money from all investors or a section of investors through an offer document for investment as per its stated investment objective in various permissible investments.
Statutory text — Principal Regulations, 2025 (as amended to 30 January 2026), consolidated where amended. The notified Gazette text prevails. Tap a highlighted word for how it functions.
3
What this means in practice
Compliance actions
- Applies to
- Registered FME (Retail)
- Frequency
- Reference
- Evidence
- Registered FME (Retail) certificate
4
Where it connects
Read alongside
5
Check yourself
Quiz Centre
Test yourself on Regulation 42
2 questions in the unified bank test this regulation. Each explains every option and cites the provision.
Retail schemes may be launched only by which FMEs?
6
Your notes
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Retail schemes