Open-ended restricted scheme — minimum contribution
Scenario 25 of 28 · Reg 40
An open-ended restricted scheme has a corpus of USD 50 million. The FME and its associate are resident in India.
What is the minimum FME or associate contribution?
Choose an answer to see the verdict and the approach.
Scenarios are for learning. They apply the provision named to simplified facts. Real situations need a review of the full provision and your own facts.
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CS Prashant Kumar
Company Secretary & Compliance Officer
Global Horizons Capital Advisors (IFSC) Private Limited — an IFSCA-licensed investment banker
Published in The Chartered Accountant (Jun 2025, Jan 2025, Mar 2024) and Chartered Secretary (Aug 2023)
Prashant Kumar is a seasoned Company Secretary and corporate governance strategist with more than 13 years of experience advising large corporates, promoter-led groups and global businesses on compliance, regulatory risk and board governance. In GIFT IFSC, the IFSCA regime is his day job rather than a research topic.