FME Regulatory Intelligence, Learning & Practice · IFSCA (Fund Management) Regulations, 2025
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PPM extension dates and fee

Work out the original validity period, the extension window and the fee that applies to each extension.

Source: Regs 19(3), 31(3), 35(2), 47(6), 55(3), IFSCA (Fund Management) Regulations, 2025.

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Extension 1: 14 Oct 2027 to 14 Apr 2028

Apply before 14 Oct 2027, while the PPM is still valid. Fee: 25% of the fresh-scheme fee at that time.

Original validity ends 14 Oct 2027.

How to use this calculator

  1. Choose a mode. Simple asks one question at a time. Detailed shows every input on one page, with the working.
  2. Enter your figures in the units shown next to each box (USD, USD million or %). The result updates as you type.
  3. Read the outcome, then the working and the regulation it rests on. Use Start again to clear the figures.

Worked example

A restricted scheme's PPM was taken on record on 31 August 2025. The FME wants its first extension.

What to notice: Validity runs 12 months to 31 August 2026. The 6-month extension ends on 28 February 2027, the last day of that month.

Result

14 Oct 2026

Answer the questions to see your result here.

Outcome

Your extension dates

Extension 1: 14 Oct 2027 to 14 Apr 2028

Apply before 14 Oct 2027, while the PPM is still valid. Fee: 25% of the fresh-scheme fee at that time.

Original validity ends 14 Oct 2027.

In simple terms

Extension 1: 14 Oct 2027 to 14 Apr 2028. This is an indicative check against the provision named above. If the result is close to a limit or your facts are unusual, have it reviewed.

The figures

Scheme typeVC or restricted (repeatable)
PPM taken on record14 Oct 2026
Original validity ends (12 months)14 Oct 2027
Extension number1
Extension window (6 months)14 Oct 2027 to 14 Apr 2028
Apply before14 Oct 2027
Fee25% of the fresh-scheme fee at that time

How this is worked out

  1. Original validity: 12 months from the date the PPM was taken on record.
  2. Each extension is 6 months and starts when the previous period ends. Apply before it starts, while the PPM is still valid.
  3. VC or restricted scheme (repeatable): the fee is 25% of the fresh-scheme fee for the first extension and 50% for later ones.
  4. Retail open-ended scheme or SSF (one-time): one extension only, at 50% of the fresh-scheme fee.

Regulatory source

Regs 19(3), 31(3), 35(2), 47(6), 55(3)
Open source

Relevant provisions

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Prashant Kumar

Expert review

Turn this result into a decision you can act on

Company Secretary & Compliance Officer, Global Horizons Capital Advisors (IFSC) Private Limited · FCS · 13+ years in compliance and governance

A tool points the way. CS Prashant Kumar checks your facts, structure and documents, then gives you a written view and a clear path to registration and compliance.

Each calculator gives an indicative result based on the figures entered and the provision named on it. It is not legal or professional advice. Check the full provision and your own facts, including any extension or relaxation granted.

Prashant Kumar

Meet the expert

CS Prashant Kumar

Company Secretary & Compliance Officer
Global Horizons Capital Advisors (IFSC) Private Limited — an IFSCA-licensed investment banker

13+ years of experienceFCS Fellow member, ICSIAuthor Audit Under Fire

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.