The Wealth Company launches IFSC fund targeting India's 50+ AMCs, 1,600+ schemes

The Wealth Company, the asset management arm of Pantomath Group, launched The Wealth Company IFSC Fund of Fund on Aug. 15, 2026 as an open-ended Category III Alternative Investment Fund in GIFT City IFSC. The US dollar-denominated vehicle is designed for eligible non-resident investors, including NRIs, and gives them a single professionally managed route into India's mutual fund and ETF market, spanning more than 50 asset management companies and more than 1,600 mutual fund schemes. The fund's mandate allows diversified exposure across equity-oriented funds, sectoral strategies, fixed income funds, hybrid funds, gold and silver ETFs, index strategies and SIFs. The company said the structure is aimed at eligible global family offices, institutional allocators, accredited investors and HNI and UHNI non-residents, and removes the need for eligible investors to separately complete SEBI FPI registration. The fund may also carry tax advantages if it qualifies as a Specified Fund under the Income-tax Act, 2025, with potential exemptions on distributions and capital gains for eligible non-resident investors, alongside possible relief on PAN and Indian income-tax return filing requirements, subject to statutory and investor-specific conditions.

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