FFMC is an abbreviation for a fully fledged money changer. A company that intends to carry out the activities of forex currency exchange after obtaining the prior approval of the Reserve Bank of India shall be regarded as Full Fledged Money Changers (FFMC).

The term alternative investment management refers to the deliberate strategic investments made by you, your registered investment advisor, or the fund sponsor in unusual or non-traditional assets that may provide you with a variety of tax and financial advantages.