Insights on GIFT City & IFSC Investing
Plain-English writing on the mechanics, regulation and tax treatment of GIFT City funds — for NRIs, OCIs and Resident Indians, updated as rules evolve.
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37 results
Browse by topic
Every guide, tool and article, grouped into four topics.
NRI, OCI and resident guides
What applies to you, depending on where you live and your citizenship.
Fund types and minimums
AIFs, PMS, feeder funds and how they compare with Indian mutual funds.
- Types of GIFT City fundsGuide
- GIFT City fund listGuide
- GIFT City AIFGuide
- GIFT City PMSGuide
- Feeder funds vs direct FPIGuide
- Minimum investment and limitsGuide
- AIF vs PMS vs mutual fund FoFArticle
- SIP in GIFT City fundsGuide
- GIFT City funds vs mutual fundsGuide
- vs international mutual fundsGuide
- Pros and consGuide
- RisksGuide
- Family offices, FPIs and VC fundsGuide
Tax and regulation
LRS, TCS, Indian tax rules and who regulates GIFT City.
Banking and markets
Dollar accounts and deposits, US stocks, ETFs and the GIFT City exchanges.
All articles, newest first
How to Open a GIFT City Bank Account (IFSC Banking Unit)
Who can open a GIFT City bank account with an IFSC Banking Unit, the documents needed, how to fund it, and what to compare between banks.
Read the articleGIFT City Fixed Deposits vs NRE and FCNR Deposits
GIFT City foreign-currency fixed deposits compared with NRE and FCNR deposits: currency, tenure, Indian tax on interest, what changes when you return to India.
Read the articleReturning to India? What Happens to Your GIFT City Investments
What changes for your GIFT City funds, deposits and accounts when you move back to India: RNOR status, FEMA rules on holdings, LRS for new money, a checklist.
Read the articleLRS and TCS for GIFT City Funds: Limits, 20% TCS and a Calculator
LRS and TCS for GIFT City investments: the USD 250,000 limit, no TCS up to ₹10 lakh, 20% above it, how to claim it back, and a free calculator.
Read the articleAIF vs PMS vs Mutual Fund FoF: Choosing a GIFT City Structure
A side-by-side comparison of the three main GIFT City fund structures — AIF, PMS and Mutual Fund FoF — by ticket size, access and investor fit.
Read the articleIFSCA vs SEBI: Who Actually Regulates Your GIFT City Fund
How IFSCA regulates GIFT City funds, how that differs from SEBI's role for domestic mutual funds, and what it means for investor protection.
Read the articleGIFT City Fund vs NRE/NRO Investing: A Straight Comparison
How a GIFT City fund compares with the NRE and NRO account route for NRIs — currency, repatriation, tax and structure differences explained.
Read the articleGIFT City vs Direct Foreign Investment: What Actually Changes for an NRI
What changes when an NRI invests through a GIFT City IFSC fund instead of buying US-listed ETFs or other funds through a foreign brokerage account.
Read the articleTen Questions NRIs Actually Ask About GIFT City Funds
Ten plain-English answers to the questions NRIs most commonly ask before investing in a GIFT City IFSC fund.
Read the articlePFIC Explained: Why It Matters for Every US-Based NRI Investor
A plain-English explanation of PFIC status, why it applies to many foreign funds, and why GIFT City fund structure matters for US-based NRIs and US persons.
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