Edelweiss AMC (Edelweiss Asset Management Ltd) has taken a huge strategic step by opening its new office in the Gujarat International Finance Tec-City (GIFT City). Concomitantly, the company launched a revolutionary investment product named the Edelweiss India Multi-manager Equity Fund – Series I, as a daring initiative to enhance its global presence and provide more options to Indian as well as international investors.
Why GIFT City?
GIFT City is India’s first International Financial Services Centre (IFSC), created to be a global financial hub with the likes of streamlined regulation, cutting-edge infrastructure, and favorable tax incentives. Investors benefit from a 10-year tax holiday and exemption of capital gains tax, thereby becoming a perfect environment for financial activity from across the world and cross-border investment. This special status allows companies such as Edelweiss AMC to function more flexibly, easily tapping domestic and international sources of capital.
New Branch Launch
With the opening of its GIFT City office, Edelweiss AMC formally becomes part of this exclusive financial community, with the advantage of catering to global investors, Non-Resident Indians (NRIs), and resident Indian investors from under one umbrella. With this presence, it becomes easy to invest across borders smoothly and efficiently, supported by the certifications of both the International Financial Services Centres Authority (IFSCA) and the Securities and Exchange Board of India (SEBI).
Edelweiss India Multi-manager Equity Fund – Series I
The new multi-manager equity fund is a maiden product of its kind in India, available under the Category III Alternative Investment Fund (AIF) mechanism of GIFT City. Constructed as a fund-of-funds, 60% investment is made in flexicap funds and 40% in midcap funds by adopting the combination of qualitative judgment and quantitative performance analysis.
This creative architecture enables investors to invest in a diversified portfolio overseen by several asset managers—Edelweiss Mutual Fund itself among them—in one product, making diversification and risk management easier.
Who Can Invest?
This multi-manager fund is designed to appeal to a broad base:
International investors and NRIs, seeking convenience-driven access to India’s growth narrative,
Resident Indian investors—both retail and non-retail—searching for regulated, tax-efficient avenues for global diversification.
The product takes advantage of the tax neutrality and USD-denominated investment ease inherent in GIFT City, facilitating investors to optimize portfolios effectively under a clear regulatory environment.
Why This Move Matters?
Radhika Gupta, CEO and Managing Director of Edelweiss AMC, highlighted that setting up a specific office in GIFT City places Edelweiss at a strategic position as a global investment bridge. Not only does this route international capital more efficiently into India, but it also enables Indian investors to diversify overseas more easily—enabling smoother, lower-cost global flows of investment.
In a statement, communicated through public releases and social media, Radhika pointed out the impending launch of the fund as a turning point for Indian investors, providing exposure to several asset managers and fund classes in a single seamless offering. This will become the new norm in India’s investment culture, simplifying and making multi-manager investing easier.
Recently, Infosys has officially opened a new Development Center at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar. Equipped to support over 1,000 employees in a hybrid work model, the center will serve as a key TechFin hub focusing on digital solutions for global banking and financial clients. Leveraging advanced technologies like AI, cloud, and blockchain, the center aims to deliver seamless cross-border services while strengthening India’s standing in the global fintech space.
The Road Ahead
Given GIFT City’s low regulatory burden, investor-friendly tax environment, and world-class infrastructure, Edelweiss AMC is well-suited to leverage India’s increasing role in global finance. This new era represents not only geographic growth but also fund structuring and investor servicing innovation.
For Indian investors and NRIs both, Edelweiss’s office in GIFT City and its flagship multi-manager fund offer more choice, transparency, and efficiency in traversing the changing face of global investing.
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