Permissible Investments
Regulation 57
Permissible Investments
IFSCA (Fund Management) Regulations, 2025No change in 2026Chapter III · Schemes for Fund Management
Chapter III · Schemes for Fund Management
Regulation 57 – Permissible Investments
High importance about 3 min
Special Situation Funds: Distressed-asset funds — what they can hold, how they are structured and their limits.
1
In plain English
An SSF may invest only in special situation assets.
In plain English
2
The rule, in its own words
Read the exact text of Regulation 57
57. A special situation fund shall invest only in special situation assets.
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
- Special Situation Fund
- Frequency
- Per investment
- Evidence
- Investment approval memos referencing Regulation 54
4
Where it connects
Read alongside
5
Check yourself
Quiz Centre
Test yourself on Regulation 57
2 questions in the unified bank test this regulation. Each explains every option and cites the provision.
A Special Situation Fund may invest only in special situation assets.
6
Your notes
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Special Situation Funds