Equitree Capital Launches Offshore AIF in GIFT City for Global Investors

Equitree Capital Advisors has launched the Equitree Emerging Opportunities Fund through GIFT City, as per news reports.  

The fund is registered as a Category III Alternative Investment Fund with the International Financial Services Centres Authorityunder its 2025 framework.  

The scheme is structured as an open-ended, non-retail fund and will operate as an offshore investment vehicle within the IFSC. 

Investor Segment and Fund Format 

The fund is for non-resident Indians, foreign nationals, family offices and institutional investors. It is denominated in US dollars and provides exposure to Indian equities through an offshore route. 

Such structures are typically used to facilitate cross-border investment while operating within a regulated environment. 

Investment Strategy and Scope 

The portfolio will focus on listed small-cap companies in India. This segment has seen increased participation in recent years, although it is generally associated with higher price fluctuations. 

The investment approach is based on in-house research and will follow a concentrated portfolio strategy already used by the firm in its portfolio management services. 

Fundraising Plans and Scale 

The firm has set a target to raise US$100 million over a period of 12 to 18 months. It said that discussions with potential investors are underway and have reached an advanced stage. 

The launch comes amid a broader increase in funds being structured out of GIFT City to access overseas capital. 

Existing Track Record and AUM 

Equitree Capital Advisors manages over US$140 million in assets. Its existing strategy has reported a compound annual growth rate of 40% since April 2020. 

In comparison, the Nifty Small Cap 100 has returned 29%, while the BSE 500 TRI has delivered 22% over the same period, based on available data up to April 2026. 

Read More: NSE Expands MF Invest Platform With Quant SIF Active Asset Allocator Fund! 

Conclusion 

The fund adds to the set of offshore vehicles being established in GIFT City to route foreign investment into Indian equity markets. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.