Five Rivers India Fund (IFSC)
Five Rivers Portfolio Management recently completed its 12-year operation and investment track record. During this time, most clients' investments were multiplied by approximately eight times (8x) and outperformed the Nifty Total Returns Index. The firm maintains a differentiated investment philosophy aimed at generating attractive absolute returns while outperforming the benchmark index. In July 2024, Five Rivers launched the Five Rivers India Fund (IFSC), a Category III open-ended AIF, at the International Financial Services Centre in GIFT City, Gujarat. GIFT City has quickly emerged as one of the world's leading offshore centers, with rapid growth in investment and related businesses. SEBI has registered Five Rivers Dividend Yield Fund (IFSC), a Fund scheme, as a Category I Foreign Portfolio Investor (FPI) in India. The Scheme primarily employs the same investment philosophy as the parent private client business. It offers distinct advantages of US$ investment, tax breaks, and a thorough understanding of the local market by the manager.
