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  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-113-disclosures</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-114-secondary-listing-etf-investment-trust-listed-india</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-115-suspension-of-listing-and-trading</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-116-delisting-by-recognised-stock-exchange</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-117-voluntary-delisting</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-118-code-of-conduct</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-119-maintenance-books-account-records-documents</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-12-consideration-application-grant-certificate</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-120-information-to-the-authority</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-121-business-continuity-plan</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-122-cyber-security-and-cyber-resilience</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-123-risk-management-and-internal-controls</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-124-guaranteed-returns</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-125-change-in-control</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-126-payment-of-fees</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-127-advertisements</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-128-fees-and-expenses-of-the-schemes</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-129-appointment-of-investment-committee</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-13-terms-and-conditions-of-registration</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-130-merger-demerger-or-restructuring-of-schemes</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-131-winding-up-of-the-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-132-appointment-of-custodian</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-133-redemption-of-close-ended-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-134-scheme-annual-report</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-135-auditors-report</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-136-other-disclosures-to-the-investors</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-137-restrictions-on-business-activities-of-the-fme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-138-inspection</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-139-obligations-of-fme-on-inspection</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-14-rejection-of-application</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-140-appointment-of-auditor-or-valuer</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-141-submission-of-report</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-142-action-by-the-authority-upon-inspection</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-143-suspension-cancellation-registration-actions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-144-power-to-relax-strict-enforcement-of-the-regulations</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-145-regulatory-or-innovation-sandbox-and-fund-lab</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-146-power-specify-norms-procedures-issue-clarifications</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-147-delegation-of-powers</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-148-repeal-and-savings</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-15-period-of-validity</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-16-surrender-of-registration</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-17-constitution-of-the-fund-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-18-venture-capital-schemes</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-19-filing-of-placement-memorandum</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-2-definitions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-20-eligible-investors</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-21-nature-and-structure-of-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-22-permissible-investments</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-23-restrictions-on-investment-and-corpus-of-the-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-24-disclosures-to-investors</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-25-borrowing</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-26-valuation</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-27-computation-of-nav</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-28-contribution-by-the-fme-in-the-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-29-co-investment-and-leverage</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-3-obligation-to-seek-registration</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-30-restricted-schemes-non-retail-schemes</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-31-eligible-fmes-and-filing-of-placement-memorandum</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-32-eligible-investors</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-33-nature-and-structure-of-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-34-permissible-investments</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-35-restrictions-on-investment-and-corpus-of-the-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-36-disclosures-to-investors</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-37-borrowing</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-38-valuation</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-39-computation-of-nav</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-4-eligibility-conditions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-40-contribution-by-the-fme-in-the-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-41-co-investment-and-leverage</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-42-retail-schemes</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-43-eligible-fmes-and-filing-of-offer-document</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-44-minimum-number-of-investors</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-45-nature-and-structure-of-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-46-permissible-investments</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-47-restrictions-on-investment-and-aum-of-the-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-48-disclosures-to-investors</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-49-borrowing</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-5-legal-form-of-the-applicant</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-50-valuation</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-51-computation-of-nav</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-52-contribution-by-the-fme-in-the-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-53-special-situation-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-54-definitions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-55-eligible-fmes-and-filing-of-placement-memorandum</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-56-nature-and-structure-of-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-57-permissible-investments</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-58-scheme-corpus-eligible-investors-investment-conditions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-59-borrowing</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-6-track-record-and-reputation-of-fairness</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-60-other-requirements</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-61-exchange-traded-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-62-equity-index-based-etf</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-63-debt-index-based-etf</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-64-commodity-based-etfs</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-65-gold-etf</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-66-silver-etf</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-67-actively-managed-etfs</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-68-market-makers</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-69-computation-of-nav</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-7-appointment-principal-officers-key-managerial</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-70-redemption-of-etfs-to-investors</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-71-disclosures-to-investors</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-72-environmental-social-and-governance-esg</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-73-eligible-fme-and-clients</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-74-disclosures</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-75-portfolio-management-agreement</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-76-report-to-the-client</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-77-dealing-with-client-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-78-investment-restrictions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-79-general-obligations</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-8-net-worth-requirements</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-80-advisory-services</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-81-multi-family-office</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-82-investment-trust-in-ifscs</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-83-definitions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-84-registration</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-85-trust</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-86-sponsor</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-87-investment-manager</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-88-trustee</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-89-adherence-fit-proper-criteria-responsibilities</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-9-fit-and-proper-requirements</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-90-currency</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-91-offer-of-units-of-investment-trust</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-92-private-placement-with-listing</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-93-private-placement-without-listing</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-94-public-issues</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-95-offer-document-or-placement-memorandum</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-96-continuous-obligations-and-disclosure-requirements</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-97-investment-conditions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/ifsca-fund-management-regulations-2025/regulation-98-additional-conditions-in-case-of-invit</loc><lastmod>2026-10-14</lastmod></url>
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  <url><loc>https://www.fmonline.in/learn-ifsca-fund-management-regulations/m05-retail-schemes</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/learn-ifsca-fund-management-regulations/m06-special-situation-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/learn-ifsca-fund-management-regulations/m07-exchange-traded-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/learn-ifsca-fund-management-regulations/m08-esg-requirements</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/learn-ifsca-fund-management-regulations/m09-portfolio-management-services</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/learn-ifsca-fund-management-regulations/m10-investment-trusts-reits-and-invits</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/learn-ifsca-fund-management-regulations/m11-family-investment-funds-and-third-party-management</loc><lastmod>2026-10-14</lastmod></url>
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  <url><loc>https://www.fmonline.in/learn-ifsca-fund-management-regulations/m14-inspection-audit-and-enforcement</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/learn-ifsca-fund-management-regulations/m15-relaxations-sandbox-and-closing</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/practice/fme-flashcards</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/practice/fme-practical-scenarios</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/practice/fme-quiz</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/practice/mock-exams</loc><lastmod>2026-10-14</lastmod></url>
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  <url><loc>https://www.fmonline.in/practice/sebi-aif-practice-questions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/practice/sebi-pms-quiz</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-1-short-title-and-commencement</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-10-investment-in-alternative-investment-fund</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-11-placement-memorandum</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-12-schemes</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-13-tenure</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-14-listing</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-15-general-investment-conditions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-16-conditions-for-category-i-alternative-investment-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-17-conditions-for-category-ii-alternative-investment-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-17a-conditions-co-investment-category-i-ii-alternative</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-18-conditions-category-iii-alternative-investment-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19-other-alternative-investment-fund</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19a-definitions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19aa-private-placement</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19ab-placement-memorandum-or-subscription-agreement</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19ac-contents-of-placement-memorandum</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19ad-investment-by-migrated-venture-capital-fund</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19ae-schemes</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19af-tenure</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19ag-listing</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19ah-maintenance-of-records</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19b-applicability</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19c-registration-of-angel-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19d-investment-in-angel-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19e-schemes</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19f-investment-by-angel-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19g-obligations-of-sponsors-and-managers-of-angel-fund</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19h-prohibition-of-listing</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19i-definitions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19j-applicability</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19k-registration-of-special-situation-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19l-investment-in-special-situation-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19m-investment-by-special-situation-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19n-applicability</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19o-registration-corporate-debt-market-development-fund</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19p-investment-corporate-debt-market-development-fund</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19q-investment-conditions-corporate-debt-market-development</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19r-disclosures</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19s-governance-mechanism-corporate-debt-market-development</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19t-prohibition-of-listing</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19u-others</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19v-definitions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19w-applicability</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19x-procedure-for-grant-of-certificate</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19y-eligibility-criteria</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-19z-prohibition-on-inviting-subscription-from-the-public</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-2-definitions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-20-general-obligations</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-21-conflict-of-interest</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-22-transparency</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-23-valuation</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-24-obligation-of-manager</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-24a-grievance-redressal-mechanism</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-25-dispute-resolution</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-26-power-to-call-for-information</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-27-maintenance-of-records</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-28-submission-of-reports-to-the-board</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-29-winding-up</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-29a-liquidation-scheme</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-29b-dissolution-period</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-3-registration-of-alternative-investment-funds</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-30-boards-right-to-inspect</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-31-notice-before-inspection</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-32-obligation-of-alternative-investment-fund-on-inspection</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-33-submission-of-report-to-the-board</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-34-communication-findings-etc-alternative-investment-fund</loc><lastmod>2026-10-14</lastmod></url>
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  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-37-delegation-of-powers</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-38-amendments-to-other-regulations</loc><lastmod>2026-10-14</lastmod></url>
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  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-4-eligibility-criteria</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-5-furnishing-of-information</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-6-procedure-for-grant-of-certificate</loc><lastmod>2026-10-14</lastmod></url>
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  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-8-procedure-where-registration-is-refused</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-aif-regulations-2012/regulation-9-investment-strategy</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-pms-regulations/faqs</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-pms-regulations/key-numbers</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-pms-regulations/understand-pms</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-1-name-and-effective-date</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-10-procedure</loc><lastmod>2026-10-14</lastmod></url>
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  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-12-specific-provisions-co-investment-portfolio-managers</loc><lastmod>2026-10-14</lastmod></url>
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  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-14-code-of-conduct</loc><lastmod>2026-10-14</lastmod></url>
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  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-16-general-responsibilities-of-a-portfolio-manager</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-17-management-or-administration-of-clients-portfolio</loc><lastmod>2026-10-14</lastmod></url>
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  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-19-appointment-of-custodian</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-2-definitions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-20-maintenance-of-books-of-accounts-records-etc</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-21-submission-of-net-worth-certificate</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-22-maintenance-books-accounts-records-documents</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-23-accounts-and-audit</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-24-reports-to-be-furnished-to-the-client</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-25-steps-taken-on-auditors-report</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-26-disclosures-to-the-board</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-27-appointment-of-compliance-officer</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-28-dispute-resolution-mechanism</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-29-applicability</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-3-application-registration-portfolio-managers-payment</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-30-registration-and-operational-framework-for-prim</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-31-eligibility-criteria</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-32-permissible-investment-instruments</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-33-minimum-investment-by-clients</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-34-other-conditions-and-restrictions</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-35-boards-right-to-inspect</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-36-procedure-for-inspection</loc><lastmod>2026-10-14</lastmod></url>
  <url><loc>https://www.fmonline.in/sebi-portfolio-managers-regulations-2026/regulation-37-obligations-of-portfolio-manager-on-inspection</loc><lastmod>2026-10-14</lastmod></url>
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