Commodity based ETFs
Regulation 64
Commodity based ETFs
IFSCA (Fund Management) Regulations, 2025No change in 2026Chapter IV · Exchange Traded Funds (ETFs)
Chapter IV · Exchange Traded Funds (ETFs)
Regulation 64 – Commodity based ETFs
High importance about 3 min
Exchange Traded Funds: Index, debt, commodity and actively-managed ETFs, and how ETF units trade and redeem.
1
In plain English
Commodity-based ETFs must invest at least 90% in the specified commodity/commodity-related instruments, and must designate a KMP with at least 5 years' commodity experience as .
In plain English
2
The rule, in its own words
Read the exact text of Regulation 64
64. (1) Commodity based ETFs shall invest at least ninety per cent. (90%) in the specified commodity or commodity related security / instrument as specified by the Authority.
(2) For launching a commodity based ETF, the FME shall ensure that a KMP with at least than five (5) years of experience in dealing with commodities, is designated as a Fund Manager.
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
- Commodity ETF
- Frequency
- Ongoing
- Evidence
- Portfolio composition report; KMP experience record
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Where it connects
Read alongside
5
Check yourself
Quiz Centre
Test yourself on Regulation 64
3 questions in the unified bank test this regulation. Each explains every option and cites the provision.
A commodity-based ETF must invest at least what proportion in the specified commodity/related instruments?
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Your notes
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