Report to the Client
Regulation 76
Report to the Client
IFSCA (Fund Management) Regulations, 2025No change in 2026Chapter VI · Other Fund Management Activities
Chapter VI · Other Fund Management Activities
Regulation 76 – Report to the Client
Medium importance about 3 min
Portfolio Management Services: Running PMS — agreements, reporting, investment restrictions and advisory services.
1
In plain English
The FME must periodically report to each PMS client per the agreement, covering composition and value, transactions, beneficial interest received, expenses, and risk on recommended securities. Reports may be made available online with restricted client access.
In plain English
2
The rule, in its own words
Read the exact text of Regulation 76
76. (1) The FME shall periodically furnish a report to the portfolio management client in terms of the agreement with the client which shall inter-alia contain details relating to composition and value of the portfolio, transactions undertaken during the period of the report, beneficial interest received during the period of the report, expenses incurred in managing the portfolio and details of risk relating to the securities recommended by the portfolio manager for investment or disinvestment.
(2) The report referred to in sub-regulation (1) may be made available online with restricted access to each client.
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
- FME offering PMS
- Frequency
- Per agreement (periodic)
- Evidence
- Client reports / online report access records
4
Where it connects
Read alongside
5
Check yourself
Quiz Centre
Test yourself on Regulation 76
2 questions in the unified bank test this regulation. Each explains every option and cites the provision.
An FME must periodically report portfolio composition, value and transactions to each PMS client.
6
Your notes
→ Next
Work with Prashant Kumar
A question on Regulation 76 for your FME?
Report to the Client: get advice on how it applies to your structure, scheme or filing.
›
Portfolio Management Services