The fund management ecosystem at GIFT City has recorded significant growth over the past five years, with total capital commitments rising to $32.13 billion as of December 2025 from less than $0.5 billion in March 2020.
The increase marks nearly a 60-fold jump, reflecting the growing use of the international financial services centre for structuring India-focused and global investment strategies.
The number of Fund Management Entities (FMEs) operating in GIFT City has also expanded from 8 in March 2020 to 202 at present, indicating a 25-fold increase. In parallel, the number of fund schemes has risen from fewer than 10 to 313, suggesting a diversification in investment products and strategies.
According to the data, funds based in GIFT City have raised $17.34 billion so far, with nearly $17 billion already deployed, pointing to active investment activity alongside rising commitments.
A significant portion of the investments remains India-focused, with about 85% of deployed capital directed towards domestic opportunities, while the remaining 15% has been invested in global markets. This trend highlights GIFT City’s role as a conduit for channeling international capital into India, while also enabling outbound investments.
