Tata AMC Secures Approval to Introduce Tata India Dynamic Equity Fund at GIFT City

Tata Asset Management has received clearance from the International Financial Services Centres Authority (IFSCA) to launch the Tata India Dynamic Equity Fund – GIFT IFSC. As per the reports, the approval was announced on September 16, 2025.

Fund Objective and Structure

The scheme has been set up as a retail-focused inbound feeder fund. It will invest in Tata AMC’s mutual fund equity schemes and exchange-traded funds (ETFs). The structure allows exposure to large-cap, mid-cap, and small-cap companies, while also offering allocation to sectoral and thematic areas.

Allocation Strategy

According to the details, the fund will dynamically allocate between 50-100% of assets to broad-based equity funds. In addition, up to 50% may be directed towards sectoral and thematic opportunities, including areas such as technology, energy, and healthcare.

Investment Requirements

The minimum ticket size for the scheme has been set at $500. The fund is open to foreign individual and institutional investors, including Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs). Eligibility is restricted to investors from jurisdictions that comply with Financial Action Task Force (FATF) standards.

Tax Treatment

For non-resident investors, income generated through the fund is fully exempt from Indian taxes. Instead, taxation will apply as per the laws of the investor’s country of residence. This makes it a tax-neutral structure within India.

GIFT City Operations

Earlier in 2025, Tata Asset Management was granted approval to operate in Gujarat International Finance Tec-City (GIFT City) as a Registered Fund Management Entity (Retail). The launch of this fund follows regulatory clearance.

Read more: NSE GIFT City to Introduce India's First Foreign Currency Equity Listing!

Key Details

Conclusion

The Tata India Dynamic Equity Fund – GIFT IFSC provides a regulated framework for global investors to access Indian equity markets through GIFT City.

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.