GENERAL3 Sept 2026
GIFT-IFSC based funds' commitment crosses $45 billion, shows data
Funds committed through GIFT-IFSC have crossed $45 billion. Cumulative money raised by non-retail schemes reached $22.93 billion. The number of fund management entities climbed to 235 at the end of the June quarter. This shows growing interest in India's international financial centre. If you invest through such schemes, keep track of how this hub develops. It may offer new opportunities for raising funds.
Key Statutory Highlights
- Funds committed through GIFT-IFSC have exceeded $45 billion in total.
- Non-retail schemes have cumulatively raised $22.93 billion so far.
- The number of fund management entities rose to 235 by the end of the June quarter.
Actionable Advice for Taxpayers / Founders:If you are considering fund-raising or investment via GIFT-IFSC, watch this growing hub and consult a professional before deciding.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: