GIFT City: India’s International Financial Gateway
Gujarat International Finance Tec‑City (GIFT City) is India’s first International Financial Services Centre (IFSC) in Gandhinagar. Funds registered here operate under the International Financial Services Centres Authority (IFSCA) and allow investors to access global markets without remitting capital abroad. Such funds can invest in foreign equities, debt, commodities and other assets.
Why Invest
via GIFT City Funds?
Investing through GIFT City funds offers several advantages
Regulatory Ease & Global Access
SEBI and IFSCA have relaxed foreign‑investment norms, enabling NRIs and resident Indians to invest in global funds more freely. These funds provide exposure to developed and emerging markets across the US, Europe and Asia.
Foreign‑Currency Denomination
Funds can be denominated in USD, GBP, SGD, AED and other major currencies, eliminating frequent currency conversions.
Tax Efficiency
GIFT City funds enjoy concessions such as lower tax on dividends, reduced capital‑gains tax (about 9 % on securities traded within the IFSC), no tax deducted at source and eligibility for DTAA benefits. Transactions carried out within GIFT City are also exempt from GST.
Access to Premium Products
NRIs can invest in PMS, AIFs and other alternative strategies based in GIFT City.
Who Should Consider GIFT City Funds?
These funds may appeal to:
Investors Seeking Global Exposure
Individuals who wish to participate in international markets.
Those with Higher Risk Appetite
Global investing involves currency and market volatility.
Long‑Term Diversifiers
Investors aiming for long‑term portfolio diversification and currency diversification.
Investors with Larger Capital Base
Some funds may require significant minimum investments (e.g., US $150,000 or more).
Categories of GIFT City Funds
Alternative Investment Funds (AIF – IFSC)
Offshore AIFs domiciled in GIFT City, offering global private equity, private credit, hedge funds and thematic strategies.
Portfolio Management Services (PMS – IFSC)
Professionally managed discretionary portfolios investing in global equities and multi‑asset strategies under IFSC rules.
Global Equity Funds
Mutual fund‑like structures providing exposure to developed and emerging markets through regulated IFSC vehicles.
GIFT City Process
Planet AIF supports you through:
