Fund Management
Marwadi Chandarana IFSC LLP primary focus on alternative investment funds (AIFs), pooling non-resident investors' capital for securities investments and launching schemes in accordance with the FM Regulations and other applicable laws.
| Sr No. | Particulars | Details |
|---|---|---|
| 1 | Brief profile of the FME, including its name, category of registration and its IFSCA registration number | Marwadi Chandarana IFSC LLP is a newly established entity incorporated under the Limited Liability Partnership Act, 2008 on September 23, 2024. Marwadi Chandarana IFSC LLP (“FME Entity”) will serve as the Investment Manager and Sponsor to the Fund. It is also registered with the IFSCA as a registered fund management entity (non-retail), bearing registration number FDM2025FNR0826, under the IFSCA FM Regulations. |
| 2 | Address of the FME’s registered office in the IFSC, its correspondence address, telephone number and email address | Registered Office: Office No. 702, Seventh Floor, FLEXONE, Building Footprint 15C2, Block 15, GIFT SEZ, GIFT City, Gandhinagar, Gujarat, 382355. Email: ifsc@marwadichandarana.com |
| 3 | Details of the schemes or funds managed from the IFSC and, where the FME undertakes portfolio management services or any other activity permissible under the FM Regulations, 2025, details of such activity, wherever applicable | Bloomfield Investments Fund is established as a contributory determinate trust under the provisions of the Indian Trusts Act, 1882. The primary objective of the Fund is to carry on the activity permissible to a Restricted Scheme (non-retail), which is construed as a Category III AIF, under the Applicable Laws, including the IFSCA FM Regulations, the SEZ Act, the FPI Regulations and for this purpose, to arrange, make, manage and dispose of investments with the view of providing long term capital appreciation and returns to the Contributors by investing in permissible securities/instruments in accordance with the Applicable Laws and Fund Documents. |
| 4 | Where the FME manages a scheme or fund on behalf of any other person or investment manager not based in the IFSC, the name of each such scheme or fund and its registration number with the Authority | No |
| 5 | Name and contact particulars of the Custodian, Trustee, Fund Administrator and Statutory Auditor engaged in respect of the IFSC operations, wherever applicable | Trustee: MITCON Credentia Trusteeship Services Limited Statutory Auditor: Mandaliya & Associates |
| 6 | Investor grievance redressal mechanism, contact details of the Grievance Redressal Officer, the escalation matrix and the timelines for redressal, together with the status of investor complaints received, disposed of and pending, updated on a quarterly basis | Refer Investor Grievance Redressal Mechanism below |
| 7 | Name, designation and contact details (including e-mail address and telephone number) of the Principal Officer, the Compliance Officer and such Other Key Managerial Personnel responsible for IFSC operations, wherever applicable | Refer Key Managerial Personnel below |
| 8 | Details of any material regulatory or enforcement action taken against the FME or its key managerial personnel in relation to the FME’s operations in IFSC during the preceding three years, and the current status thereof | None |
| 9 | Computation of NAV, if applicable | None |
Investor Grievance Redressal Mechanism
Contact details of the Grievance Redressal Officer
| Name | Designation | Email ID |
|---|---|---|
| Nishit Shah (Principal Officer) | Complaint Redressal Officer (CRO) | ifsc@marwadichandarana.com |
| Alay Nallulwar (Compliance Officer) | Complaint Redressal Appellate Officer (CRAO) | ifsc@marwadichandarana.com |
Escalation Matrix
| Level 1 | Level 2 | Level 3 |
|---|---|---|
| CRO | CRAO | IFSCA |
| Nishit Shah | Alay Nallulwar | grievance-redressal@ifsca.gov.in |
Timelines for redressal
Complaints are acknowledged within 3 working days of receipt and resolved preferably within 15 days, and in any case within 30 days, of acceptance. If you are not satisfied with the resolution, you may appeal to the Complaint Redressal Appellate Officer, who will decide the appeal within 30 days. If you remain dissatisfied, you may escalate the complaint to IFSCA, preferably within 21 days of the appellate decision.
Investor complaints
| Quarter | Pending at start | Received | Resolved | Rejected | Pending at end |
|---|---|---|---|---|---|
| Q1 2026-27 | 0 | 0 | 0 | 0 | 0 |
| Q2 2026-27 | 0 | 0 | 0 | 0 | 0 |
Key Managerial Personnel
| Designation | Name | E-mail address | Telephone number |
|---|---|---|---|
| Principal Officer | Nishit Shah | nishit.shah@marwadichandarana.com | 94296 49049 |
| Compliance Officer | Alay Nallulwar | alay.nallulwar@marwadichandarana.com | 86989 82249 |
Disclaimer: Registration with the Authority does not imply approval or endorsement by the Authority of the FME, of any scheme, or of the financial soundness or performance thereof.