ABSL Global Emerging Market Equity Fund (IFSC)

Fund Snapshot

Benefits of investing in global equities

Global Diversification

Incorporating global equities can enhance risk-adjusted returns, especially during weak periods in the local market

Access to US Dollar savings

Utilizing annual LRS limits consistently ensures future financial requirements in US dollars are met (e.g., education, home requirements, inheritance, etc.).

Invest in companies not available in India

Capitalize on trends such as AI, PC, Mobile, Data Center, IoT, Cloud and high-performance computing by investing in companies unavailable in India.

Avoid home-bias

Only ~1% of Indian savings are in international equities, often driven by patriotism rather than objective financial analysis.

Access to Global Fund Managers

Invest in a top-rated fund management team globally with a historical record of generating excess returns over

the global benchmark.

About Gift City

• Spread over 886 acres of land and being expanded to 2,000 acres.
• Free trade zone with tax incentives enabling flow of financial products and services across borders
• Globally benchmarked IFSC developed by the Government of Gujarat through a joint venture
• Enables domestic financial services companies in cross-border business

What is International Financial Services Centre (IFSC)

• Separate Financial Jurisdiction within India (Full Convertibility)
• Sovereign support, including special carve-outs from domestic laws
• Fully fledged Financial ecosystem with global connections
• IFSC Unit – Treated as a ‘non-resident’
• Unified Financial Regulator (IFSCA) with Globally aligned regulations

ABSLAMC in GIFT City—New Fund Management Destination

ABSLAMC has set up a branch at the International Financial Services Centre (‘IFSC’) in Gujarat International Finance Tech-City (‘GIFT City’)

On November 28, 2022, the International Financial Services Centre Authority (IFSCA) had granted approval to ABSLAMC to act as a “Registered Fund Management Entity (Non-Retail).” ABSLAMC can carry out Restricted schemes under Alternative Investment Fund (AIF) and Portfolio Management Services (PMS).

Types of Investments

Resident Indian Investor – Managing India-Dedicated Offshore Funds for NRIs and Foreign Nationals

NRI & Foreign Investors—Global Investments for Resident Indians & Entities.