Gift City: A Promising Opportunity for Mutual Funds Introduction New Delhi: Mutual funds may soon have an opportunity to invest in companies traded in Gujarat’s Gift City exchanges beyond the usual cap implemented for their overseas investments. This development comes as the government opens up the special economic zone for direct listing of Indian firms.   IFSCA Expert Panel Recommendation A 16-member expert panel, appointed by the International Financial Services Centers Authority (IFSCA), recommended a […]

Retail Schemes: A Comprehensive Overview on Investment Opportunities Retail Schemes are special types of investment plans introduced by registered Fund Management Entities (FMEs). These schemes aim at creating a pool of investments from all the participating investors or selected groups through an offer document. The primary intent of Retail Schemes is to enable collective investments in various permissible opportunities in alignment with its predefined investment objective. Launching a Retail Scheme: The Process FMEs bear the […]

Activities and Functions of an Insurance Broker in Gift City: Roles and Responsibilities Insurance brokers serve a pivotal role in the insurance industry by connecting clients with appropriate insurance plans and coverage. IIIO Regulations outline their activities and functions, ensuring that they fulfill their responsibilities effectively. The following sections detail the primary roles of insurance brokers and how they execute them. General Activities and Functions Understanding the Client’s Business and Philosophy: Insurance brokers familiarize themselves […]

Understanding Family Investment Funds Family Investment Funds are becoming an increasingly popular and strategic way for high net worth families to manage and grow their wealth. In this engaging guide, we will explore the specifications and implications of these funds, giving you an insight into how this type of fund functions and its potential benefits. What is a Family Investment Fund? A Family Investment Fund, as defined by the IFSCA (Fund Management) Regulations 2022, is […]

Investment Trusts: Clarity and Conciseness Understanding Investment Trusts An Investment Trust is defined as a Real Estate Investment Trust (REIT) or an Infrastructure Investment Trust (InvIT) registered under IFSCA (Fund Management) Regulations, 2022. It serves as an avenue for investors to pool their funds in various real estate or infrastructure projects, ensuring a diversified portfolio and better returns. Setting Up an Investment Trust in IFSC Individuals or corporations from IFSC, India, or foreign jurisdictions can […]