Tata AMC's Gets Approval for GIFT-IFSC Based Equity Fund Launch

The Tata India Dynamic Equity Fund is a retail-focused product, structured as an inbound feeder fund that invests in mutual fund equity schemes and Exchange-Traded Funds (ETFs).

Tata India Dynamic Equity Fund is open to foreign investors, both individuals and entities, as well as Non-Resident Indians (NRIs) and Overseas Citizens of India from jurisdictions compliant with Financial Action Task Force (FATF) standards.

" The fund offers global investors a seamless gateway to India’s vibrant equity market and a chance to participate in the growth trajectory of the world’s fourth-largest economy," Tata Asset Management said.

With our entry into IFSC, Tata AMC is well-placed to connect international and NRI investors with India’s vibrant capital markets through innovative and accessible products,” said Prathit Bhobe, CEO & Managing Director, Tata Asset Management.