The privately placed fund, launched by Ionic Asset, the asset management arm of Ionic Group, is aimed at sophisticated investors, including HNIs and UHNIs looking for diversified exposure across geographies and asset classes. It is the company’s second product focused on global investments.
The fund uses a top-down macroeconomic framework to identify opportunities across growth, inflation and policy cycles. Its strategy includes exposure to markets such as South Korea and Taiwan, along with themes including renewable energy, base metals, rare earths, defence and commodities.
The launch comes as investor interest in overseas diversification continues to grow. According to the company, many investors currently access global opportunities through individual sectors or geographies, which may limit broader portfolio diversification.
The proposed portfolio allocation includes around 70% in global equities, 20% in commodities and 10% in global REITs, with allocations subject to periodic rebalancing depending on market conditions.
“Asset allocation becomes more powerful when viewed through a global lens,” said Ankita Pathak, Head of Global Investments at Ionic Asset. “Indian investors have historically had limited access to many of these asset classes, and GIFT City is helping improve access to global markets.”
Srikanth Subramanian, CEO and Co-founder of Ionic Wealth, said diversified global investment products remain limited despite increasing demand for overseas exposure among investors.
The launch also follows recent regulatory changes in GIFT City, including the introduction of fully digital KYC processes for overseas investors by the IFSCA.
Accredited investors can invest in the fund with a minimum commitment of $10,000, lower than the more typical threshold of around $150,000 for similar products. The company said the accreditation framework is helping broaden access to such investment opportunities through GIFT City.
