Aikyam Capital launches GIFT City–domiciled Aikyam India Discovery Fund

Aikyam Capital has successfully launched the Aikyam India Discovery Fund (AIDF), a GIFT City-domiciled Category III AIF designed as a tax-efficient, USD-denominated gateway into India’s equity markets to ride on India's growth story.

AIDF invests in a curated basket of top-performing Indian mutual funds and ETFs, dynamically allocating across large, mid, and small-cap segments, plus thematic exposures. Its data-driven, actively managed approach aims for consistent outperformance through disciplined rebalancing and risk control.

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“With the launch of AIDF, we are delivering on our commitment to provide global investors with a seamless, tax-efficient, and fully compliant entry route into India's capital markets. Harnessing the advantages of GIFT City, AIDF amplifies our mission to bridge regulatory gaps and offer institutional-grade access to India's growth opportunities,” said Nilesh Choudhary, Founder & CEO, Aikyam Capital

The fund manager is Vishal Goraddia. The target investors are NRIs, foreign investors, family offices, and institutions domiciled outside India.

“Tax-free, hassle-free and USD-denominated, AIDF is built to give global investors a clean, efficient entry point into India’s mutual fund growth story,” said Vishal Goraddia.

The fund was recently successfully launched, and we have already started investments through it. AIDF not only provides tax efficiency and operational simplicity but also unlocks access to India’s rapidly expanding capital markets for international investors who have historically faced regulatory barriers.

By combining onshore expertise with the unique advantages of GIFT City, the fund creates a seamless investment pathway that balances growth potential with robust governance standards. Investors gain exposure to India’s long-term structural themes - consumption growth, digital transformation, financialization of savings, and manufacturing expansion, through a professionally managed vehicle.

With transparent reporting, institutional-grade custody, and adherence to global best practices, AIDF positions itself as a credible platform for investors seeking sustainable alpha from India.

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India today stands as the world’s fourth-largest economy with GDP of USD 4.27 trillion, powered by demographic strength, infrastructure build-out, and rising consumption. With nearly 60% of its population in the working-age bracket, India’s structural growth drivers are expected to sustain high GDP growth over the next three decades.

AIDF positions investors to benefit from this long-term opportunity by channeling global capital into India’s equity markets via a trusted and tax-efficient structure.

Aikyam Capital, founded by Nilesh Choudhary in November 2022, is a Mumbai-based firm offering capital market solutions to help foreign investors and NRIs access India’s markets.

Its expertise spans fund structuring, investment banking, institutional broking, and clearing services, and stress asset management, with a focus on simplifying India’s regulatory and operational landscape for global clients.

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