GIFT City's Artha Bharat Targets $1.5 Billion AUM

GIFT City-based Artha Bharat Investment Managers IFSC LLP is aiming to double its assets under management (AUM) to USD 1.5 billion over the next three years from the current USD 750 million.

The company is also expecting to secure a full licence for its Abu Dhabi operations by the end of this calendar year after receiving principal approval from the Abu Dhabi Global Market (ADGM) regulator.

Sachin Sawrikar, Managing Partner of Artha Bharat Investment Managers IFSC LLP, said the company has completed most of the regulatory requirements and is in the final stages of fulfilling the remaining conditions before applying for the final licence.

After receiving the licence, the company plans to establish a fund in Abu Dhabi as part of its international expansion strategy. The next phase of growth would focus on expanding the investor base, strengthening distribution networks and establishing a presence across key domestic and international markets.

As part of its product expansion plans, the company intends to launch two dollar-denominated products — a debt-oriented commodity and precious metals arbitrage fund and a global equity fund.

It is also evaluating opening additional international offices in Mauritius and Singapore, while strengthening its domestic presence through investor relations and distribution offices in Mumbai, Delhi, Bengaluru and Kolkata.

The company aims to expand access to global investment products for Indian investors through partnerships with banks and fund distributors.

The company currently manages around USD 750 million in AUM and expects its growth to be driven by a wider investor network and increased presence in international markets.

Commenting on the economic outlook, Nachiketa Sawrikar, Portfolio Manager at Artha Bharat Investment Managers IFSC LLP, said the Reserve Bank of India (RBI) should continue supporting growth as current inflationary pressures are largely driven by external factors.

The company's plans for expansion and growth are significant for the Indian investment landscape, as they aim to provide more opportunities for Indian investors to access global markets.

This move is also expected to contribute to the growth of the Indian economy, as it will provide more investment options for Indian investors and increase the country's presence in international markets.

In the long run, the company's expansion plans are expected to have a positive impact on the Indian investment industry, as they will provide more opportunities for growth and development.

The company's focus on expanding its investor base and strengthening its distribution networks will also help to increase its presence in domestic and international markets, leading to further growth and expansion.

Overall, Artha Bharat Investment Managers IFSC LLP's plans for expansion and growth are a significant development for the Indian investment landscape, and are expected to have a positive impact on the country's economy and investment industry.

The company's ability to secure a full licence for its Abu Dhabi operations and establish a fund in Abu Dhabi will also be a major milestone in its international expansion strategy, and will provide more opportunities for Indian investors to access global markets.

In conclusion, Artha Bharat Investment Managers IFSC LLP's plans for expansion and growth are a significant development for the Indian investment landscape, and are expected to have a positive impact on the country's economy and investment industry.