Gandhinagar: The GIFT City funds ecosystem is projected to cross USD 100 billion in commitments by 2030, according to a projection by leading alternative investments platform PMS Bazaar.

As on June 30, 2025, as many as 177 fund management entities, and over 270 funds/schemes, which include Category I, II, III AIFs and Venture Capital schemes, were registered in the IFSC. Category III AIFs have almost tripled commitments in one year, reaching USD 10.15 billion by June 2025. These figures show the fund management potential, and along with the rising investor appetite, are placing GIFT City at the heart of India’s cross-border wealth strategies.

As per International Financial Services Centres Authority (IFSCA) data, total Asset Management Commitments & AUM stood at USD 23.5 billion as of June 2025. With a projected growth rate of 35%, the pool is projected to expand beyond USD 100 billion by 2030.

These projections are anchored in the enabling reforms introduced under the Finance Act 2025, which significantly enhanced the competitiveness of India and GIFT IFSC as a global fund management hub.

“GIFT City is at the forefront of India’s financial globalization journey. With a robust regulatory framework, tax-efficient structures, and rising international investor participation, we are not just building an ecosystem for fund management—we are shaping India’s position in the global financial architecture. The fund commitment reflects both the potential and confidence that global investors are placing in GIFT City,” said Sanjay Kaul IAS, Managing Director & Group CEO, GIFT City.

“GIFT City is no longer a concept but a catalyst. With policy clarity and NRI & global investor appetite, India has the chance to build a USD 100 billion global fund management hub right here at home,” said R. Pallavarajan, Founder, PMS Bazaar.

PMS Bazaar, in collaboration with GIFT City, is hosting the GIFT City Funds Conclave 2025 at the GIFT City Club, Radisson, Gandhinagar on August 22. The conclave brings together policymakers, fund managers, and NRI & global investors to deliberate on the future of India’s fund management ecosystem.

The conclave’s agenda features an address from Sanjay Kaul IAS, the newly appointed MD & Group CEO of GIFT City. Key sessions include discussions on building borderless portfolios and unlocking fund management potential through GIFT City’s IFSC.

The event also features a distinguished line-up of speakers. K. Rajaraman, Chairman of IFSCA, will outline policy directions, while Hiren Ved of Alchemy Investment Management LLP will share insights on India’s global appeal. Experts from GIFT City, IFSCA, Axis AMC, Mirae Asset, Neo Asset, Phillip Ventures IFSC, HDFC AMC, Steptrade Capital, Basiz Fund Services, etc., will have discussions on cross-border investments, global multi-asset allocation, family office strategies, well-diversified portfolios, SME ecosystem, deep tech fund administration, regulatory enablers, and more. DeshGujarat