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Tata Asset Management Private Ltd (IFSC Branch) has received necessary regulatory approval from the International Financial Services Centres Authority (IFSCA) to commence operations at the International Financial Services Centre (IFSC) in GIFT City, Gujarat as a Registered Fund Management Entity (Retail).
The presence in GIFT City will play a key role in strengthening the company's offshore product portfolio and enhancing its investment offerings for international clients — including foreign nationals, family offices, government and institutional investors, and non-resident Indians (NRIs).
It will also provide an avenue for Indian investors to pursue outbound investments under the Liberalised Remittance Scheme (LRS).
The fund house is the 14th AMC to start its operation in GIFT City.
