The India International Financial Services Centres Authority (IFSCA) has granted registration to the first foreign Family Office in the form of a Family Investment Fund under the IFSCA (Fund Management) Regulations, 2025, enabling the structure to operate from GIFT International Financial Services Centre (IFSC). IFSCA framed the registration as a step in building a regulatory framework for foreign family offices and private wealth structures, with Family Investment Funds intended to support the management and deployment of family wealth across jurisdictions through fund structures domiciled in the IFSC. The authority also positioned the development as supporting GIFT IFSC’s attractiveness for international fund management and for investors managing diversified portfolios with exposure to India and global markets.
India International Financial Services Centres Authority 2026-04-20
India International Financial Services Centres Authority registers first foreign family office Family Investment Fund under the 2025 Fund Management Regulations
The India International Financial Services Centres Authority has registered the first foreign family office as a Family Investment Fund under the IFSCA (Fund Management) Regulations, 2025, allowing it to operate from GIFT International Financial Services Centre. The authority views this as a step toward building a regulatory framework for foreign family offices and private wealth structures and enhancing GIFT IFSC’s appeal as a domicile for cross-border family wealth and international fund management.