Gandhinagar/Mumbai, August, 20, 2025:  Edelweiss Asset Management Limited (Edelweiss AMC) has opened its branch in GIFT City on 19th August 2025, alongside the launch of the Edelweiss India Multimanager Equity Fund – Series I. This marks a key milestone in Edelweiss AMC’s global growth strategy, tapping into GIFT City’s status as India’s premier IFSC with its tax incentives, simplified compliance, world-class infrastructure, and investor-friendly ecosystem.

The Indian economy is riding a growth wave today – being the fourth largest economy in the world with a GDP of USD 4.27 trillion, driven by key growth levers like infrastructure, business reforms, technology, demographic dividend and sustainability. With 60% of its population being of working age, India enjoys a demographic dividend, which it is expected to benefit from for the next 30 years. A larger share of the working-age population to the total population is likely to witness higher GDP growth rates, further spurring consumption and driving manufacturing services and exports. Mutual funds that specifically cater to those investing in these opportunities would be apt in creating long-term wealth.

Speaking on the launch, 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.”

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. Fund selection will follow a rigorous quantitative and qualitative process, easing the burden of fund selection for investors. The portfolio comprising, both Edelweiss AMC offerings and consistent performing funds from other AMCs, will be reviewed annually to ensure consistency of performance.

By combining the global access and tax benefits offered by GIFT City with Edelweiss AMC’s proven track record in asset management, investors are getting a new opportunity for cross-border investing while also reinforcing India’s position amongst the largest and fastest-growing economies with a global presence.