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To promote the setup of family investment funds in IFSC, the IFSCA, vide a circular dated March 01, 2023 has provided certain relaxations with respect to Family Investment Funds under the IFSCA (Fund Management) Regulations, 2022 (“FM Regulations”).The IFSC funds regime envisages a ‘Family Investment Fund’ (“FIF”) as a self-managed fund set up in the IFSC for pooling money from a ‘single family’.
Axis Bank provides various services like transaction banking and treasury solutions to cater to Indian as well as global corporates.
Kindly contact your Relationship Manager/IBU Branch for further information
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