ICICI Prudential Asset Management Company (AMC) has set up a branch at the International Financial Services Centre (IFSC), GIFT City, Gandhinagar, Gujarat.

The IFSC branch has secured registration as a Registered Fund Management Entity (Retail) from the International Financial Services Centre Authority (IFSCA) under the IFSCA (Fund Management) Regulations, 2025, enabling it to manage restricted schemes, retail schemes, exchange-traded funds, and other permitted activities, as per a press release issued by the fund house.

This strategic expansion underscores the AMC’s vision of acting as a bridge between global capital and India’s investment opportunities.

Marking the occasion, the AMC introduced its first restricted scheme aimed at channeling international capital into Indian financial markets.

Positioned as a hub for global investor engagement, the AMC’s IFSC branch seeks to leverage GIFT City’s world-class infrastructure and IFSCA’s globally benchmarked regulatory framework to provide seamless, transparent, and tax-efficient access to India’s capital markets.

The fund house further shared that the IFSC Branch was inaugurated by Amar Shah, Chief Business Officer, ICICI Prudential AMC, along with Ashutosh Mishra, Principal Officer - IFSC, GIFT City; Jayur Shah, Regional Head - Retail Sales & Distribution, Gujarat; Abhin Shah, Fund Manager - IFSC, GIFT City; and Shradha Thakkar, Lead - Strategic Product Development, ICICI Prudential AMC.

“We believe India is at the cusp of a generational shift in its growth trajectory, underpinned by strong demographics, accelerating urbanization, a digital-first economy, and far-reaching policy reforms. This presents an opportunity for long-term investors seeking exposure to Indian markets. With the establishment of the AMC’s branch at GIFT City, we seek to create a global gateway for investors to participate in India through equities, fixed income, alternatives, and hybrid offerings,” said Naveen Agarwal, Chief Financial Officer, ICICI Prudential AMC.