๐ฐ NRIs can now invest in Indian MFs via dollar fund
The Wealth Company has launched The Wealth Company IFSC FoF in GIFT City to simplify NRI investments in Indian mutual funds. This fund allows eligible non-resident investors to gain exposure to Indian mutual funds and ETFs through a single, US-dollar-denominated structure. As of June 30, 2026, Indian mutual fund AUM reached โน82.22 lakh crore, showing massive growth. This fund-of-funds solves the complexity issue for overseas investors who don't want to pick individual schemes. It is designed for eligible NRIs, family offices, and HNIs, making Indian wealth accessible. ๐ธ