Overview

• Over 300 family offices in India now manage an estimated $30 billion in assets, marking a near sevenfold increase since 2018.
• With Liberalised Remittance Scheme outflows rising from $18.8 billion to $31.7 billion since 2019-20, these offices have redirected funds from domestic stocks and fixed income into global equities, real estate, private equity and alternative assets.
• Private credit is emerging as a favored niche for its stable returns and downside protection under both AIF structures and overseas channels.
• Nearly half of offices highlight shifting tax laws as a major headache while 37% struggle with cross-border compliance in their global expansion strategies.
• About 59% of families have formalized governance through wills or family constitutions and 19% have set up trusts or LLPs to secure intergenerational wealth transfers.