GIFT IFSC Platform Play | Launch & Manage Funds via Dovetail’s FME in IFSC

Dovetail is plugged in.
Are you ready to play?

The International Financial Services Centres Authority (IFSCA), regulator of GIFT IFSC, has approved the guidelines to enable Third-Party Fund Management Services (popularly known as “platform play”).

Fund Management Entities (FMEs) registered at GIFT IFSC can now launch and manage funds on behalf of global asset managers.

Simplifying Fund Launch at GIFT

Dovetail FME in IFSC can now launch funds on behalf of global or domestic third-party fund managers and support with –

Physical presence
Dovetail FME will provide physical presence in IFSC

Principal Officer
Dedicated Principal Officer for each fund to ensure adequate governance and accountability

Corpus up to USD 50 million
Permitted Corpus up to USD 50 million per fund

The platform will enable

India Inbound Access for Global Fund Managers −

Access to India’s listed equity, debt, derivatives, and private markets via Cat-1 FPI or FDI structures.
GIFT IFSC permits up to 100% NRI participation in funds, with a cap of 25% per individual NRI (defined as Indian passport or OCI holders).
Regulatory certainty and faster onboarding via Dovetail’s FME and Custodian Tie-ups.

India Outbound Capital Raising for Global Strategies +

Dovetail FME Will Handle It All

Dovetail offers you the quickest & compliant platform to launch your fund

Fund Set-up

Tax Certainty

Compliance Expertise

Dedicated Principal officer

Fund Administration

Managing all counterparties

Investor Awareness

Policy for Complaint Handling and Grievance Redressal-DIMI

Dovetail Investment Management India (IFSC) Private Limited ("DIMI") is a private limited company incorporated under the Companies Act, 2013 DIMI as a Fund Management Entity is responsible for the overall management and control of the Funds/Schemes.