Other requirements
Regulation 60
Other requirements
IFSCA (Fund Management) Regulations, 2025No change in 2026Chapter III · Schemes for Fund Management
Chapter III · Schemes for Fund Management
Regulation 60 – Other requirements
Medium importance about 3 min
Special Situation Funds: Distressed-asset funds — what they can hold, how they are structured and their limits.
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In plain English
For disclosures, valuation, NAV computation and FME contribution, an SSF follows the rules for a close-ended ">restricted scheme, and is treated as a category within restricted schemes.
In plain English
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The rule, in its own words
Read the exact text of Regulation 60
60. (1) The norms regarding disclosures, valuation, computation of NAV, contribution by the FME in the scheme as applicable to a close ended restricted scheme under Chapter III of these regulations shall apply to a special situation fund.
(2) A special situation fund shall be considered as a category under restricted schemes and accordingly a special situation fund shall additionally comply with such requirements as may be specified by the Authority for close ended restricted schemes from time to time.
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.
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What this means in practice
Compliance actions
- Applies to
- Special Situation Fund
- Frequency
- Ongoing
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Where it connects
Refers to / depends on
Read alongside
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Check yourself
Quiz Centre
Test yourself on Regulation 60
4 questions in the unified bank test this regulation. Each explains every option and cites the provision.
For disclosures, valuation, NAV and contribution, an SSF follows the rules for:
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Your notes
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Special Situation Funds