Anicut Capital - Gift City Funds
At Anicut, we build long-term partnerships with ambitious businesses and investors. Anicut Capital LLP (IFSC Branch), based in GIFT City, Gandhinagar, is registered with the International Financial Services Centres Authority (IFSCA) as a Fund Management Entity (Non-Retail) under the IFSCA Fund Management Regulations (Registration No. IFSCA/FME/II/2022-23/027).
GIFT funds information
Registration & Acknowledgment:
- Investors can submit complaints via email or letter to the Compliance Officer at co@anicutcapital.com.
- Acknowledgment of the complaint is sent within 3 working days; rejection notifications are sent within 5 working days with reasons.
Investigation & Resolution:
- CO examines the grievance and may seek additional information.
- Resolution is typically provided within 30 days; complex issues may extend this period, with updates provided to the investor.
Appeals:
- If unsatisfied with the CO’s response, the investor may escalate to the Appellate Authority (Principal Officer) at po@anicutcapital.com. The PO must review and resolve the appeal, usually within 21–30 days.
Escalation to IFSCA:
- If still dissatisfied, the investor can escalate to the IFSCA by submitting the complaint (preferably within 21 days of the PO’s decision) to grievance-redressal@ifsca.gov.in.
Record Keeping & Compliance
- FMEs must maintain detailed records of each complaint, its handling, and outcomes, and conduct periodic reviews by the Principal Officer for quality and immediate action.
- All actions must adhere to the latest IFSCA circulars and are subject to the Authority’s scrutiny.
For the detailed Complaints Handling & Grievance Redressal Policy, click here.
Fund information – GIFT funds
| Fund Name | Scheme | IFSC Registration No. | Category |
| Grand Anicut (IFSC) Fund 4 | Restricted Scheme | IFSC/AIF2/2022-23/0045 | Category II |
| Grand Anicut GIFT Fund 4 | Restricted Scheme | IFSC/AIF3/2023-24/0107 | Category III |
| Grand Anicut (IFSC) Angel Fund 1 | Angel Fund | IFSC/AIF1/2023-24/0118 | Category I |


