Register an FME
Work through the Chapter II eligibility conditions before applying.
7 provisions to work through, in order.
Provisions to work through
0 of 7 readNumbers that apply 6
| Number | Controls | Source |
|---|---|---|
| 5 yrs managing ≥ USD 200m AUM for > 25,000 investors | Retail FME track record (route 1) | Reg 6(2)(a)(i) |
| Control person(s) ≥25%: 5 yrs, ≥1,000 investors, ≥ USD 50m; FME net worth ≥ USD 2m | Retail FME track record (route 2) | Reg 6(2)(a)(ii) |
| AUM ≥ USD 1 billion (excluding FoF AUM) at FY close | Additional KMP (fund management) | Reg 7(4) |
| USD 75,000 | Net worth — Authorised FME | Second Schedule |
| USD 500,000 | Net worth — Registered FME (Non-Retail) | Second Schedule |
| USD 1,000,000 | Net worth — Registered FME (Retail) | Second Schedule |
in Detailed mode.
A decision aid, not legal advice. It points to the provisions to read; it does not replace the notified text of the IFSCA (Fund Management) Regulations, 2025 or a professional review of your facts.
Meet the expert
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.