GIFT City Funds
India’s Gateway to Global Financial Excellence
Gujarat International Finance Tec-City (GIFT City) is India’s first International Financial Services Centre (IFSC), envisioned as a world-class hub for finance and technology. Designed to serve both domestic and global markets, GIFT City offers cutting-edge infrastructure, attractive tax incentives, and a progressive regulatory environment, positioning itself as a game-changer in India’s financial landscape.
Why Should NRIs Consider Investing in GIFT City-Based Funds?
Invest and Withdraw in Foreign Currency
Protect your investments from currency depreciation that can reduce returns. With GIFT City funds, you don’t need to be physically present or reside in India—invest and withdraw seamlessly from anywhere in the world, all in foreign currency.
No TDS for NRIs and OCIs
With GIFT City, NRIs and OCIs enjoy zero TDS on withdrawals in India. You receive the full proceeds of your investment without any tax deductions at source.
Simplified Regulations for NRIs
Benefit from streamlined compliance procedures and easy repatriation of funds, making investment management smooth and hassle-free for NRIs.
Features of GIFT City Funds
GIFT City Funds offers investors a unique opportunity to participate in the growth of India’s premier International Financial Services Centre.
Tax Benefits
Benefit from substantial tax exemptions on dividends, interest income, and capital gains—specially tailored for NRIs and OCIs.
Global Reach, Local Advantage
Tap into a strong network of international banks, insurers, and asset managers—while gaining exposure to India’s fast-growing economy.
Global Financial Gateway
GIFT City is emerging as India’s gateway to global finance, similar to the roles played by Singapore and Hong Kong in their regions. Experience seamless trading in a tech-enabled ecosystem featuring global derivatives, cutting-edge fintech innovations, and smart, investor-focused solutions.
FAQs about GIFT City Funds
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1. What is GIFT City Funds?
GIFT City Fund is a mutual fund that invests in companies and sectors benefiting from the development of Gujarat International Finance Tec-City (GIFT City), focusing on urban growth, finance, and infrastructure.
2. Who should invest in GIFT City Funds?
Investors looking for exposure to India’s emerging smart city economy and those seeking long-term growth through diversified urban sector investments can consider this fund.
3. What are the tax benefits of investing in GIFT City Funds?
Due to GIFT City’s status as an International Financial Services Centre (IFSC), certain investments in this fund may qualify for tax advantages under applicable laws.
4. Can I invest in GIFT City Funds through SIP?
Yes, the fund offers flexible investment options, including Systematic Investment Plans (SIPs) and lump-sum investments to suit different investor needs.
5. What level of risk is associated with GIFT City Funds?
The fund typically involves moderate to high risk as it invests in sectors related to infrastructure and finance, which can be affected by market fluctuations.