The IFFI Award for Best Actress (officially known as the Silver Peacock for the Best Actor Award (Female)) is an honor presented annually at the International Film Festival of India since 2010 to an actress for the best performance in a leading role in World cinema. Earlier the award was presented on various occasions at the 3rd IFFI for ensemble cast in "Nirjan Saikate", and Brazilian actress Fernanda Torres at 11th IFFI.

Sharmila Tagore is an Indian actress primarily known for her work in Hindi and Bengali films. Regarded among the greatest actresses in the history of Indian cinema, Tagore is a recipient of two National Film Awards, a Filmfare Award and the Filmfare Lifetime Achievement Award for her contributions to Hindi cinema. In 2013, the Government of India, honoured her with Padma Bhushan, India's third highest civilian honour for her contributions to Indian culture through performing arts.