Edelweiss AMC has opened its branch in GIFT City and launched its first offering from Gift City – Edelweiss India Multimanager Equity Fund – Series I.
The Edelweiss India Multimanager Equity Fund – Series I is an open-ended Category III Alternative Investment Fund (AIF) under the IFSCA (Fund Management) Regulation, 2025, and is registered with SEBI as a Category I Foreign Portfolio Investor (FPI).
Structured as a fund-of-funds, it will invest in a diversified mix of quality flexicap (60%) and midcap (40%) funds, aiming for long-term capital appreciation. The portfolio comprising, both Edelweiss AMC offerings and consistent performing funds from other AMCs, will be reviewed annually to ensure consistency of performance.
In a press release, Radhika Gupta, MD & CEO, Edelweiss AMC, said, “With our launch in GIFT City, we are well-positioned to provide global investors with a credible and efficient route to participate in India’s growth story, while also enabling Indian investors access to a wide range of global products. GIFT City offers a world-class platform with regulatory clarity, competitive costs, and seamless cross-border access—making it easier for global investors to invest in India and for Indian investors to diversify internationally. As India’s economic influence grows, GIFT City is set to play a key role in channelling capital flows to and from the country.”
Deepak Jain, President & Head – Sales, Edelweiss AMC, added, “The Edelweiss India Multimanager Equity Fund – Series I, our first fund in GIFT City, gives investors a simple, research-backed way to tap into India’s growth story. This unique fund of funds invests in carefully selected schemes from top AMCs, offering diversification, transparency, and the potential to benefit from India’s equity market opportunities.”
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