Monarch Networth Capital IFSC Pvt. Ltd. receives Registered Fund Management Entity (Retail) License from IFSCA, GIFT City

The MNCL Group is pleased to announce that its wholly owned subsidiary, Monarch Networth Capital IFSC Private Limited, based at GIFT IFSC, has received the certificate of registration as a Registered Fund Management Entity (Retail) from the International Financial Services Centres Authority (IFSCA) (Registration No: IFSCA/FME/III/2025-26/169).

The award of this prestigious license marks a major milestone in MNCL Group's strategic journey, enabling it to meaningfully expand its offerings in the fund management business through the introduction of value-added and globally competitive products.

The FME (Retail) license authorizes Monarch IFSC to undertake a wide range of fund management activities, including:

- Investing in securities and financial products,
- Managing and launching retail investment schemes,
- Launching Exchange Traded Funds (ETFs),
- Managing public offerings of REITs and InvITs,
- Managing Family Investment Funds,
- Can also undertake activities for FME Non-Retail like launching restricted schemes, special situation funds, and Portfolio Management Services (PMS) including multi-family office structures.

The FME (Retail) license has been selectively granted to a limited number of domestic financial institutions (majority of them being pure-play asset management companies), and MNCL Group is proud to be one of the first among the non-AMC companies to join this distinguished group representing India's financial services industry at GIFT IFSC.

MNCL Group currently operates a successful domestic AIF platform under Monarch AIF, managing approximately ₹900 crore of long-only equity AUM across two schemes. Having recently completed five years of successful operations, the Group is now planning to expand its product suite by launching appropriate equity-focused offerings from GIFT City during FY26, targeting foreign investors under the AIF framework. Additionally, MNCL Group has applied for a Mutual Fund license during FY25 and is actively engaging with regulators on related submissions and compliances.

Speaking on this development, Mr. Vaibhav Shah, Managing Director, Monarch Networth Capital Ltd., commented: "This is a landmark achievement for the MNCL Group. We look forward to introducing differentiated investment products from GIFT City targeted at foreign investors and NRIs. Leveraging our deep experience in the domestic AIF space and our extensive retail reach, we aim to deliver meaningful value to our investors and clients. We sincerely thank the GIFT IFSC authorities for granting the FME (Retail) license and reaffirm our commitment to contributing towards the growth and development of the fund management industry at GIFT City."

Shares of Monarch Networth Capital Ltd was last trading in BSE at Rs. 314.90 as compared to the previous close of Rs. 313.60. The total number of shares traded during the day was 2891 in over 106 trades.

The stock hit an intraday high of Rs. 319.50 and intraday low of 312.05. The net turnover during the day was Rs. 909515.00.

Source : Equity Bulls

Keywords

MonarchNetworthCapital INE903D01011 GIFTIFSC Subsidiary MonarchNetworthCapitalIFSC Registration IFSCA