IFSCA Makes Website Disclosures Mandatory for Fund Management Entities From December 1, 2026

The International Financial Services Centres Authority has introduced a detailed website-disclosure regime for Fund Management Entities operating in the IFSC, with the new requirements set to come into force on December 1, 2026. The circular, dated August 26, 2026 and issued as File No. IFSCA-SOF/2/2026-Capital Markets, requires every FME registered under the IFSCA (Fund Management) Regulations, 2025 to maintain a public website or webpage and sets out the minimum information that must be displayed.

The stated objective is to improve transparency, make information about an FME and its IFSC operations easier to access, and give investors, prospective investors and other stakeholders a clearer public source for regulatory, operational and scheme-level information. For compliance teams, the circular is more than a general website requirement: it prescribes the type of web presence, the disclosures to be published, how information should be presented and retained, and the timeline for reporting the URL to IFSCA.

Different website rules for retail and non-retail FMEs

An Authorised FME or a Registered FME (Non-Retail) may either maintain an independent official website or use a dedicated webpage hosted on the website of its parent, holding company or group entity. A Registered FME (Retail), however, must maintain an independent official website dedicated to its fund management activities in the IFSC.

Where a dedicated group webpage is used, the IFSC page must be reachable through a conspicuously identifiable link on the host website's home page. The prescribed information must be publicly accessible without registration, subscription or login. The page must prominently identify the FME by its registered name and IFSCA registration number and must distinguish its IFSC activities from other activities of the wider parent or group.

Core disclosures every FME will need to publish

The circular requires a fairly extensive public information set. Among the items FMEs will need to display are:

- the FME's profile, category of registration and IFSCA registration number;

- the IFSC registered-office address, correspondence address, telephone number and email address;

- details of schemes or funds managed from the IFSC and, where applicable, portfolio management services or other permitted fund-management activities;

- where the FME manages a scheme or fund for another person or investment manager outside the IFSC, the name of that scheme or fund and its IFSCA registration number;

- the names and contact particulars of the Custodian, Trustee, Fund Administrator and Statutory Auditor, wherever applicable;

- the investor grievance mechanism, contact details of the Grievance Redressal Officer, escalation matrix and redressal timelines, along with complaint status updated quarterly;

- the name, designation and contact details of the Principal Officer, Compliance Officer and other relevant key managerial personnel;

- statutory, regulatory and other disclosures required under the Fund Management Regulations and IFSCA directions;

- material regulatory or enforcement action relating to the FME's IFSC operations during the preceding three years, together with its current status; and

- a statement clarifying that IFSCA registration does not amount to approval or endorsement of the FME, any scheme, or its financial soundness or performance.

Retail FMEs face additional scheme-level disclosure requirements

A Registered FME (Retail) managing a Retail Scheme must go further. Its website must prominently make available scheme information documents, key information documents and addenda, as well as periodic information on portfolios, scheme performance against the stated benchmark, Net Asset Value, total expense ratio and its components, and distribution commission at the periodicity prescribed by IFSCA.

The website must also carry the scheme's valuation policy, including the basis for valuing unlisted or illiquid securities and the independent valuer where applicable; details and claiming procedures for unclaimed redemption and distribution amounts; and investor education material and the Investor Charter.

Format, retention and update rules matter

IFSCA has also specified how the information should be maintained. Disclosures must be in English. Monetary figures must state the currency and the date to which they relate, while NAV and cut-off timings must identify the applicable time zone. Information must carry a visible last-updated date.

NAV, portfolio and expense-related disclosures should be downloadable and, to the extent feasible, machine-readable. The prescribed information must remain accessible for at least three years from the date of display, including after a scheme is wound up. These requirements mean FMEs may need not only a webpage build but also ownership controls over update cycles, archival practices and data feeds.

December 1 is both the commencement and URL-intimation date

Every existing FME must intimate the URL of its website or webpage to IFSCA at the reporting address specified in the circular on or before December 1, 2026. Any subsequent URL change must be reported through the subsequent quarterly report filings.

An FME granted registration on or after the circular comes into force must comply before commencing fund management activities in the IFSC and must intimate its website or webpage URL to IFSCA within 30 days of registration. The circular states that it is issued under sections 12(1) and 13(1) of the IFSCA Act, 2019 read with Regulation 146 of the Fund Management Regulations, 2025.

What compliance teams should do now

FMEs have a defined preparation window before December 1. A practical readiness exercise should map every mandated disclosure to an internal data owner, identify which items need quarterly refreshes, confirm whether the existing group website structure satisfies the rules for the FME's registration category, and establish an archive and review process. Retail FMEs will need particular attention to recurring scheme disclosures and the machine-readable availability of NAV, portfolio and expense information.

The key point is that the new requirement is not satisfied merely by having an online corporate profile. IFSCA has prescribed a structured, publicly accessible compliance and investor-information layer, and FMEs should treat the December 1 commencement as a formal implementation deadline.

Key takeaway

A new regulator-issued compliance deadline with detailed operational requirements creates timely search demand among GIFT IFSC fund managers and professional advisers.