RegLearn — the free, interactive way to learn the IFSCA (Fund Management) Regulations, 2025. 126 drills. 12 modules. One certificate that actually means something. By www.csatwork.in
Here’s an uncomfortable truth about learning the IFSCA (Fund Management) Regulations, 2025: you can read them three times cover to cover and still freeze when someone asks whether a restricted scheme’s extension fee is 25% or 50% — or whether that answer changed on 30 January 2026.
(It did. And the SSF extension didn’t. That asymmetry alone has probably tripped more professionals than any other provision this year.)
Reading builds familiarity. Only retrieval builds recall. That’s the entire design premise of RegLearn.
What RegLearn is
RegLearn is a free, interactive learning engine built on the current regulatory text — the IFSCA (Fund Management) Regulations, 2025, consolidated through the July 2025 and January 2026 Amendments. Not summaries of summaries. Every single drill is mapped to its source document, specific provision, effective date, and the date we last verified it against the text.
126 drills across 12 modules:
- FME Registration, Categories & Net Worth
- KMP, Principal Officer & Compliance Officer
- Venture Capital Schemes
- Restricted Schemes
- Retail Schemes
- Special Situation Funds
- ETFs & Fund of Funds
- Investment Trusts (REITs / InvITs)
- Custody, Valuation & NAV
- Governance, Conflicts & Stewardship
- Reporting, Inspection & Enforcement
- The Amendment Tracker — July 2025 & January 2026
Why reading alone doesn’t work
The regulations run over a hundred pages of layered provisions, provisos and schedules — and they changed twice in the last twelve months. Passive reading gives you the comfortable illusion of knowing: everything looks familiar on the page, so your brain files it as “learned.” Then a real question arrives — a client structuring query, a compliance sign-off, an exam item — and familiarity turns out not to be recall.
Cognitive science has a name for the fix: retrieval practice. You remember what you’re forced to retrieve, not what you re-read. RegLearn is retrieval practice engineered specifically for this regulatory framework — every screen makes you commit to an answer before it teaches you.
Four ways it makes the regulations stick
Spot the Lapse. Realistic compliance scenarios — a fund manager deploys into unlisted shares at USD 1.4M corpus, a compliance officer signs off a retail launch 19 working days after filing — and you find every failure before the reveal walks you through each one, provision by provision.
2022 vs 2025 regime drills. The old regulations are everyone’s favourite trap. “Less than fifty investors” or “not more than fifty”? “Compliance and Risk Manager” or “Compliance Officer”? If you trained on older material, these drills will recalibrate you fast.
Quick MCQ drills with combo multipliers and speed bonuses — because recall under time pressure is the only recall that counts.
Flash recall decks. Swipeable number cards for the figures that decide outcomes: the 75K/500K/1M net worth ladder, the 20/25 retail rule, the 90/10 gold ETF test, the 21-working-day filing window.
Your first attempt is the one that counts
This matters, so we built it into the engine’s spine: your score, accuracy and certificate are locked to your first attempt on every drill. Get something wrong and it files into your review queue — a pure knowledge refresher you can run as many times as you like. Review never changes your score. Not by one point.
Which means when you see someone’s accuracy on the Wall of Mastery, it’s a genuine first-pass measure. No score laundering. No retry-until-perfect. That’s what makes it worth sharing.
Finish everything, earn your certificate
Complete all 126 drills and you earn the CSATWORK RegLearn certificate — Distinction at 90%+, Merit at 70%+, Completion for every finisher. Sooner or later, everyone who completes the course gets one. Download it, share it, put it on your profile.
Who this is for
- Compliance officers and fund managers in GIFT City who need the January 2026 changes in working memory, not in a PDF
- Lawyers, CAs and CSs advising on IFSC fund structures who want a fast, honest self-audit of where their recall actually stands
- FME exam candidates who want retrieval practice on the current, amended text
Start now
It takes only 30 seconds to register and the first drill is 30 seconds long.
And when you’re ready to test yourself exam-style under full conditions, the 100-question FME Mock Test is waiting.
RegLearn’s content bank is verified against the consolidated IFSCA (Fund Management) Regulations, 2025 as amended up to 30 January 2026. When IFSCA amends the framework, affected drills are flagged, re-validated against the legal position, and updated — with effective dates shown on every drill. Last verification: 27 July 2026.
Frequently asked questions
Is RegLearn free? Yes — all 126 drills, the certificate and the Wall of Mastery are completely free.
Is this better than reading the regulations? Reading builds familiarity; retrieval practice builds recall. RegLearn makes you retrieve every provision before it explains it — that’s what makes the regulations stick.
Does it cover the January 2026 Amendment? Yes. A dedicated Amendment Tracker module covers the July 2025 and January 2026 Amendments, and amendment-affected drills across all modules carry their effective dates.
Can I retry questions? Yes — as a refresher, unlimited. But your certificate reflects first attempts only.
How long does it take to complete? A module takes 10–15 minutes. The full course is comfortably done in a week at three drills a day.
