ICICI Prudential AMC inaugurates its IFSC branch at GIFT City, unveiling a new fund to attract global capital into Indian markets.
ICICI Prudential Asset Management Company Limited has inaugurated its new branch at the International Financial Services Centre (IFSC) in GIFT City, Gandhinagar. The office was formally opened by Amar Shah, Chief Business Officer, alongside key leadership including Ashutosh Mishra, Jayur Shah, Abhin Shah, and Shradha Thakkar.
The IFSC Branch has secured registration as a Registered Fund Management Entity (Retail) under the IFSCA (Fund Management) Regulations, 2025, enabling it to manage restricted schemes, retail schemes, exchange traded funds, and other permitted activities.
This strategic expansion aims to position the AMC as a gateway for global investors seeking exposure to India’s financial markets. The branch will leverage GIFT City’s infrastructure and IFSCA’s globally benchmarked regulatory framework to offer transparent, tax-efficient access to Indian capital markets.
To mark the occasion, the AMC unveiled its first restricted scheme, designed to channel international capital into Indian equities, fixed income, alternatives, and hybrid offerings.
“India is at the cusp of a generational growth shift,” said Naveen Agarwal, CFO, ICICI Prudential AMC. “With strong demographics, digital acceleration, and policy reforms, we see long-term opportunities for global investors. Our GIFT City branch is a step toward enabling that participation.”
The IFSC Branch will serve as a hub for global engagement, reinforcing ICICI Prudential AMC’s commitment to bridging international capital with India’s investment potential.