GIFT City Fund Management Ecosystem Grows 60 Times to $32 Billion
Synopsis
GIFT City has witnessed a staggering transformation in its fund management ecosystem, with capital commitments soaring 60-fold to $32 billion. The rise in Fund Management Entities and the influx of investments highlights its role as a gateway for global capital into India.
Key Takeaways
60-fold growth in capital commitments to $32 billion since March 2020.
25-fold increase in the number of Fund Management Entities (FMEs) to 202.
GIFT City has attracted $17.34 billion in funds, with nearly $17 billion deployed.
85% of investments are focused on India .
The number of fund schemes has expanded from less than 10 to 313 .
New Delhi, April 8 (NationPress) The Gujarat International Finance Tec-City (GIFT City) announced on Wednesday that its fund management ecosystem has experienced remarkable growth over the past five years. Capital commitments have skyrocketed 60-fold, rising from under $0.5 billion in March 2020 to an impressive $32.13 billion as of December 2025.
The count of Fund Management Entities (FMEs) operating within the International Financial Services Centre has surged from 8 in March 2020 to 202 today, marking a significant 25-fold increase.
Funds based in GIFT City have successfully raised $17.34 billion, with nearly $17 billion already allocated for investments.
This development highlights the ecosystem's ability to attract substantial commitments and facilitate large-scale investment activities.
The variety of fund schemes has expanded dramatically, from fewer than 10 to 313, showcasing a rapid increase in available products and investment strategies.
Approximately 85% of the capital deployed through GIFT City is focused on India, while the remaining 15% is earmarked for global investments.
GIFT City emphasized that these capital commitments affirm its role as a conduit for funneling global capital into India, enabling investors to explore international opportunities from a unified jurisdiction.
The ecosystem's growth has been bolstered by increasing engagement from both domestic and international fund managers across various asset classes, including private equity, venture capital, and public market strategies.
"GIFT IFSC has offered a robust platform for launching unique investment solutions for our firm, allowing us to serve global and NRI investors more effectively while also facilitating domestic investors' access to overseas opportunities. We are dedicated to enhancing our offshore assets under management and broadening our global investment capabilities," stated A. Balasubramanian, Managing Director and CEO of Aditya Birla Sun Life AMC Ltd.
"Our offshore inbound fund established in GIFT City has been functioning effortlessly. With rapidly advancing infrastructure and a forward-thinking regulatory framework, the institution continues to solidify its status as a premier global financial hub," commented Vikas Khemani, Founder and CIO of Carnelian Asset Management and Advisors Private Limited.
Point of View
The growth of GIFT City’s fund management ecosystem showcases India’s increasing significance in the global financial landscape. The substantial rise in capital commitments and the number of FMEs suggest a robust investment climate and a strategic positioning that could benefit both domestic and international investors.
NationPress
15 Jul 2026
Frequently Asked Questions
How much has capital commitment increased in GIFT City?
Capital commitments in GIFT City surged 60-fold, rising from less than $0.5 billion in March 2020 to $32.13 billion as of December 2025.
How many Fund Management Entities are there in GIFT City?
The number of Fund Management Entities (FMEs) in GIFT City has grown from 8 in March 2020 to 202 today.
What percentage of capital deployed is focused on India?
Approximately 85% of the capital deployed through GIFT City is directed towards India.
Who are the key players in GIFT City's fund management?
Key players include domestic and global fund managers engaged across various asset classes such as private equity and venture capital.
