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Registration

Regulation 84

Registration

IFSCA (Fund Management) Regulations, 2025No change in 2026Chapter VI · Other Fund Management Activities

Chapter VI · Other Fund Management Activities

Regulation 84 – Registration
Medium importance about 3 min

Investment Trusts — REITs & InvITs: Setting up and running listed and unlisted Investment Trusts, from sponsor to distribution.

1

In plain English

The sponsor applies on behalf of the in the specified format with a non-refundable fee. The Authority may seek information, require personal representation, appoint a person to take charge of records to protect investors, and grants registration on being satisfied and on fee payment.

In plain English
2

The rule, in its own words

Read the exact text of Regulation 84
84. (1) An application for the grant of certificate of registration as Investment Trust shall be made, by the sponsor on behalf of the trust to the Authority in the format specified by the recognised stock exchange(s) or the Authority, and shall be accompanied by a non-refundable fee as may be specified by the Authority. (2) The Authority may, in order to protect the interests of investors, appoint any person to take charge of records, documents of the Investment Trust and for this purpose, also determine the terms and conditions of such an appointment. (3) The Authority may require the applicant to furnish any such information or clarification as may be required by it for the purpose of pro…
Show the full text
84. (1) An application for the grant of certificate of registration as Investment Trust shall be made, by the sponsor on behalf of the trust to the Authority in the format specified by the recognised stock exchange(s) or the Authority, and shall be accompanied by a non-refundable fee as may be specified by the Authority. (2) The Authority may, in order to protect the interests of investors, appoint any person to take charge of records, documents of the Investment Trust and for this purpose, also determine the terms and conditions of such an appointment. (3) The Authority may require the applicant to furnish any such information or clarification as may be required by it for the purpose of processing of the application. (4) The Authority, if it so desires, may require the applicant or any authorized representative to appear before the Authority for personal representation in connection with the grant of certificate of registration. (5) The Authority, on receipt of all information and on being satisfied, may grant Certificate of Registration as an Investment Trust, subject to the applicant paying the applicable fee.
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

Exceptions and conditions

Taken from the wording of this provision — the carve-outs and conditions worth reading closely.

(5) The Authority, on receipt of all information and on being satisfied, may grant Certificate of Registration as an Investment Trust, subject to the applicant paying the applicable fee
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What this means in practice

Compliance actions
Applies to
Investment Trust
Frequency
At registration
Evidence
Application and registration
5

Where it connects

Read alongside

6

Check yourself

Quiz Centre

Test yourself on Regulation 84

2 questions in the unified bank test this regulation. Each explains every option and cites the provision.

Who applies for Investment Trust registration?
7

Your notes

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Investment Trusts — REITs & InvITs
Regulation 84 Chapter VI · Part B Medium · about 3 min