Image Source: Monarch Networth Capital
Monarch Networth Capital Limited has reached an important milestone with the receipt of the highly sought-after Fund Management Entity (FME) license from the International Financial Services Centres Authority (IFSCA) at GIFT City, Gujarat. The registration authorizes Monarch Networth to provide a comprehensive range of fund management services-including portfolio management, alternative investment funds (AIFs), and global asset management-within India's finest global financial hub.
IFSCA, India's single regulator for banking, insurance, capital markets, and fintech businesses in IFSCs, provides licenses to choosen entities only that are under strict global norms. GIFT City's first-world infrastructure, favorable tax conditions, and effortless regulatory framework give it a strategic hub for the internationalization push of Monarch Networth.
With this new license, Monarch Networth Capital is now authorized to start and operate funds that appeal to both foreign and domestic investors, enable cross-border capital flows, and create new investment products with innovative structures for global clients. The firm's asset management unit, Monarch AIF, has an already strong track record in long-only equity funds and alternative investments, and the IFSCA approval puts further seals on its leadership in the space.
This growth places Monarch Networth Capital at the forefront to become a catalyst in India's vision to become a world-class financial hub, providing investors with more opportunities, openness, and exposure to global markets.
Sources: Monarch Networth Capital, IFSCA, Treelife
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