Edelweiss AMC Enters GIFT City with New Fund of Funds

Edelweiss Asset Management Company has opened a branch in Gujarat International Finance Tec-City (GIFT City). Alongside this move, the company has launched its first fund from the hub — the Edelweiss India Multimanager Equity Fund – Series I.

Fund Structure and Registration

The new scheme is registered with SEBI as a Category I Foreign Portfolio Investor (FPI) and structured as a Category III Alternative Investment Fund (AIF) under the IFSCA (Fund Management) Regulations, 2025. It is designed as a fund-of-funds, investing across equity schemes managed by multiple asset managers.

Investment Composition

The Edelweiss India Multimanager Equity Fund – Series I will allocate its portfolio between flexicap funds (60%) and midcap funds (40%). The scheme will include a mix of Edelweiss AMC’s own funds and select offerings from other asset management companies. The portfolio will undergo an annual review to ensure performance consistency.

Access and Diversification

According to news reports, the fund aims to provide exposure to India’s equity markets through a multi-manager approach. By pooling investments across different fund houses, the structure is expected to offer diversification and spread risk across market segments.

Strategic Importance of GIFT City

The launch coincides with Edelweiss AMC’s formal entry into GIFT City, India’s international financial hub. The centre provides regulatory clarity, simplified compliance, and a framework that enables cross-border investing. These features have made it an emerging base for asset managers targeting both domestic and overseas investors.

Target Investors

The fund is expected to draw interest from non-resident Indians (NRIs) and global investors seeking access to India’s equity market. It also provides Indian investors with a route to diversify portfolios internationally through the GIFT City platform.

Read More: Edelweiss Asset Management Receives ₹450 Crore Strategic Investment from WestBridge Capital!

Conclusion

Edelweiss AMC’s branch opening and the launch of the Edelweiss India Multimanager Equity Fund – Series I mark its first set of activities in GIFT City. The initiative adds to the range of fund offerings available in the international financial centre.

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