The Wealth Company, the asset management arm of Pantomath Group, has launched The Wealth Company IFSC Fund of Fund (FoF), an open-ended Category III Alternative Investment Fund based in GIFT City IFSC, offering eligible non-resident investors, including NRIs, a single, US dollar denominated route to professionally managed exposure across India's mutual fund and ETF universe.

Through the USD-denominated FoF, investors can have a single-point diversified exposure to equity-oriented funds, sectoral strategies, fixed income funds, hybrid funds, gold and silver ETFs, index strategies and SIFs, subject to the fund's mandate. 

For an NRI in Dubai, Singapore, London, or any other global financial centre, the fund offers the ability to participate in India's growth through a structure designed specifically for non-resident investors - eligible investors do not separately need to undertake the SEBI FPI registration process.

The structure is intended for eligible global family offices, institutional allocators, accredited investors and HNI/UHNI non-residents.

"India's growth has stopped being a story that Indians only watch from abroad. We want an Indian living overseas to think about India as part of their long-term wealth portfolio and not as a market that is difficult to access from where they live," said Ms. Madhu Lunawat, Founder, The Wealth Company.

"There are more than 1,600 schemes to choose from, different market cycles and very different investment styles. Our job is to do that selection and rebalancing within a structure that makes sense for an overseas investor," said Unmesh Kulkarni, Managing Director, Group Product Head, The Wealth Company.