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GIFT City Funds Offer New Route for Global Exposure Amid RBI Curbs
Dollar-denominated funds in GIFT City are emerging as a regulated overseas investment option, offering clarity on dividend and capital gains taxation for residents and NRIs.
Investors are increasingly looking at US dollar denominated mutual funds launched in GIFT City as an alternative route for overseas diversification. These funds allow Indian residents and NRIs to access global markets at a time when many domestic overseas schemes have paused fresh inflows due to RBI investment limits. GIFT City, short for Gujarat International Finance Tec City, operates as an international financial hub with distinct tax rules.