Kotak Mahindra first bank to relocate Mauritius Domiciled Fund to GIFT IFSC – Times of India
[ad_1] AHMEDABAD: Kotak Mahindra Bank Limited on Saturday announced it has successfully re-domiciled Alchemy India Long Term Fund from Mauritius to GIFT City in Gandhinagar, which houses India’s first International Financial Services Centre (IFSC). The bank has issued the first-ever foreign portfolio investor (FPI) license to Alchemy’s Fund incorporated in GIFT and registered with FISCA … Read more