{"url":"https://newsforagent.com/news/2026-10-16/aditya-birla-sun-life-gift-city-funds","markdown_url":"https://newsforagent.com/news/2026-10-16/aditya-birla-sun-life-gift-city-funds.md","title":"Aditya Birla Sun Life AMC Launches Two GIFT City Funds at $500 Minimum","headline":"Aditya Birla Sun Life AMC Debuts GIFT City Retail Fund of Funds for Indian and Overseas Investors","description":"Aditya Birla Sun Life AMC launched two GIFT City fund of funds with a $500 minimum, targeting emerging market and Indian equity exposure for global investors.","section":"Product Launches","published_at":"2026-10-16T03:57:04+00:00","modified_at":"2026-10-16T03:57:04+00:00","author":"News Desk","key_takeaways":["Aditya Birla Sun Life AMC International (IFSC) launched the ABSL Emerging Market Equity Fund (Outbound) and ABSL India Growth Fund (Inbound) at GIFT City.","Each scheme requires a minimum initial investment of $500, with subsequent investments in multiples of $100.","The ABSL Emerging Market Equity Fund invests predominantly in units of the ARGA Emerging Market Equity Fund and other emerging market funds."],"companies":[{"name":"Aditya Birla Sun Life AMC","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00004go/aditya-birla-sun-life-amc","website":"https://mutualfund.adityabirlacapital.com"},{"name":"Arga Investment Management LP","is_primary":false,"profile_url":"https://akta.pro/company-profiles/000b5nf/arga-investment-management-lp","website":"https://www.argainvest.com"},{"name":"Aditya Birla Sunlife Mutual Fund","is_primary":false,"profile_url":"https://akta.pro/company-profiles/00068l9/aditya-birla-sunlife-mutual-fund","website":"https://mutualfund.adityabirlacapital.com"}],"source":{"publisher":"CNBCTV18","title":"Aditya Birla Sun Life AMC launches GIFT City funds for Indian and overseas investors - CNBC TV18","url":"https://www.cnbctv18.com/personal-finance/aditya-birla-sun-life-amc-launches-gift-city-funds-indian-overseas-20013186.htm"},"other_sources":[],"tags":["Product Launches","Aditya Birla Sun Life AMC","Arga Investment Management LP","Aditya Birla Sunlife Mutual Fund"],"body_markdown":"[Aditya](https://akta.pro/company-profiles/00068l9/aditya-birla-sunlife-mutual-fund) Birla Sun Life AMC launched two retail fund of funds schemes at GIFT City, the ABSL Emerging Market Equity Fund and the ABSL India Growth Fund, each with a minimum initial investment of $500. [CNBC TV18](https://www.cnbctv18.com/personal-finance/aditya-birla-sun-life-amc-launches-gift-city-funds-indian-overseas-20013186.htm) reported the schemes were announced on October 15.\n\n## Aditya Birla Sun Life AMC's Two GIFT City Schemes\n\nThe two schemes are the initial retail offerings from [Aditya Birla Sun Life AMC](https://akta.pro/company-profiles/00004go/aditya-birla-sun-life-amc) International (IFSC), the asset manager's wholly owned subsidiary operating in GIFT City's International Financial Services Centre. The subsidiary is regulated by the International Financial Services Centres Authority. The ABSL Emerging Market Equity Fund is an open-ended fund of funds scheme seeking long-term capital appreciation by investing predominantly in units of the ARGA Emerging Market Equity Fund and other emerging market funds. It is intended to give eligible resident Indian investors access to emerging markets through the Liberalised Remittance Scheme, subject to applicable requirements, while eligible Indian corporates can invest through the Overseas Portfolio Investment route.\n\nThe ABSL India Growth Fund is an open-ended fund of funds scheme that invests in equity-oriented schemes of Aditya Birla Sun Life Mutual Fund, including exchange-traded funds and index funds. It is aimed at eligible non-resident Indians and foreign investors seeking exposure to Indian equities through those underlying schemes. Subsequent investments can start at $100, also in multiples of $100, according to the company. Both schemes invest through underlying funds rather than directly building portfolios of individual stocks.\n\n## Aditya Birla Sun Life AMC's Recent Product Moves\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Aditya Birla Sun Life AMC launched the Nasdaq 100 International Fund Access in July 2026, giving Indian retail investors mutual-fund-route exposure to SpaceX and other Nasdaq 100 constituents following SpaceX's July 7, 2026 inclusion in the index. The same records show the company appointed Hemen Bhatia as Head of Passives in June 2026 to lead the passive and ETF franchise, coinciding with a quarterly passive AAUM of ₹41,200 crore and 25% year-on-year growth and 68% ETF growth.\n\n## Earlier Launches and Partnerships\n\nOn September 29, 2026, Aditya Birla Sun Life AMC launched the BSE Total Market Index Fund and ETF, both tracking the BSE Total Market TRI, with the NFO opening September 30 and closing October 14, CNBC TV18 reported. The index covers about 93% of India's market capitalization across large-, mid-, small-, and micro-cap stocks. On October 12, 2026, Aditya Birla Sun Life AMC and BGO said they plan to deploy more capital into India's real estate, targeting a $1 billion portfolio, The Times of India reported.\n\n## Aditya Birla Sun Life AMC's October 21 Earnings Call\n\nAditya Birla Sun Life AMC will hold an earnings conference call on October 21, 2026, at 4:00 pm IST to discuss Q2FY27 and H1FY27 unaudited results, [ScanX](https://akta.pro/news-signals) reported. MD & CEO A Balasubramaniam and CFO Pradeep Sharma will participate.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}