Check an AUM trigger
KMP at USD 1bn, ESG at USD 3bn, custodian above USD 70m.
3 provisions to work through, in order.
Provisions to work through
0 of 3 readNumbers that apply 3
| Number | Controls | Source |
|---|---|---|
| AUM ≥ USD 1 billion (excluding FoF AUM) at FY close | Additional KMP (fund management) | Reg 7(4) |
| AUM > USD 3 billion at FY close (excluding FoF AUM) | ESG governance threshold | Reg 72(1) (2nd Amdt) |
| AUM > USD 70 million (plus retail / open-ended restricted) | Custodian trigger | Reg 132 |
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.