The fund, registered under the International Financial Services Centres Authority (IFSCA), is among the first offshore-dedicated investment vehicles to be launched and managed from GIFT City by an IFSCA-regulated Fund Management Entity.
“As one of the largest GIFT city registered Fund Management Entities with full-fledged IFSCA regulated operations, we are in a prime position to provide global investors access to a differentiated investment proposition in the world’s biggest stock market,” said Sachin Sawrikar, Managing Partner at Artha Bharat. “The U.S. stock market not only represents nearly 74% of the MSCI World Index but has also consistently outperformed Indian markets over long investment cycles.”
About the fund
The Artha Global Multiplier Fund will follow a long/short hedge fund structure and invest in liquid US equities, event-driven strategies, and derivatives across six key US market sectors: Technology & Retail, Consumer Staples & Discretionary, Artificial Intelligence & Innovation, Financial Services, Healthcare & Biotechnology, and Renewable & Clean Energy.
“Consumer spending drives 70% of the U.S. GDP, making it a resilient and lucrative segment. This fund will actively target companies benefiting from strong consumer trends,” Sawrikar added.
The fund is managed by Nachiketa Sawrikar, a veteran with over 24 years of global finance experience spanning US and Indian markets.
“The Artha Global Multiplier Fund aims to generate absolute returns regardless of market direction by leveraging opportunities in equity stocks, index futures, and CBOE Volatility Index (VIX) futures,” Nachiketa said. “We use derivatives not only to amplify gains but also to limit downside risk.”
The fund will employ leverage ranging from 50% to 150% and is targeted at sophisticated investors, rather than retail participants. The strategy, according to Artha Bharat, has been extensively back-tested to ensure capital protection and performance robustness.
The fund will charge a 2% management fee and a 20% performance fee on returns exceeding a 10% hurdle rate (IRR).
Also Read: Baroda BNP Paribas MF launches Healthcare and Wellness Fund
