IFSC sector
Fund Management
A Fund Management Entity (FME) registered with IFSCA can launch venture capital schemes, restricted schemes (AIF-equivalent), retail schemes and portfolio management services from GIFT IFSC. Cumulative commitments raised by funds in the IFSC have crossed USD 39 billion.
Domicile and manage global funds from India
Highlights
What stands out
- USD 39 Bn+ cumulative commitments raised by IFSC funds (March 2026)
- Single FME registration covers multiple scheme types
- Recognised route for FPIs, family investment funds and fund-of-funds
- Consultation under way to expand the list of jurisdictions for distribution activities
Permitted activities
What entities actually do here
- Authorised, registered (non-retail) and registered (retail) FMEs
- Venture capital and restricted schemes for accredited investors
- Retail schemes and exchange-traded funds
- Portfolio management services and investment advisory
- Family investment funds for single-family offices
Regulation
How it is governed
IFSCA (Fund Management) Regulations, 2025 and the associated master circular for fund management entities.
Compiled from official material published by IFSCA, GIFT City, GIFT Gujarat. Figures carry the period stated by the publishing authority. Always verify current requirements before acting.