New Delhi, May 28 (IANS) India’s portfolio management services (PMS) industry expanded to Rs 42.2 lakh crore in April 2026, up 2.1 per cent month-on month, indicating healthy investor participation entering FY27, a report said on Thursday.The report from Association of Portfolio Managers in India (APMI) said the client base stood at approximately 2.12 lakh accounts, with a 1.7 per cent adjustment during the month.A net inflow of Rs 25,088 crore was recorded in April, compared to a net outflow …
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Gandhinagar, April 8 (IANS) Capital commitments to funds operating from Gujarat International Finance Tec-City (GIFT City) have climbed to USD 32.13 billion as of December 2025, rising nearly 60-fold from less than USD 0.5 billion in March 2020, in a sign of the rapid scaling up of India’s offshore financial services hub. The expansion is mirrored in the growing number of participants. Fund Management Entities (FMEs) in the international financial centre have increased from eight in March 2…