PPFAS GIFT

PPFAS Alternate Asset Managers IFSC Private Limited is a subsidiary of Parag Parikh Financial Advisory Services Limited (PPFAS).

It was set up in GIFT City in November 2024, with an intention of expanding the bouquet of services and products that could be offered to clients utilizing the GIFT platform. It is currently in advances stages of obtaining a FME (Retail) license under the IFSCA FME Regulations, post which it intends to launch an inbound fund, an outbound fund as well as Portfolio Management Services.