What is GIFT City and why does it matter for investors?

What is GIFT City and why does it matter for investors?

GIFT City, short for Gujarat International Finance Tec-City, is India’s answer to Singapore or Dubai, a financial hub designed to bring global banking, capital markets, and asset management activities onshore.
 It operates under a special regulator called the International Financial Services Centres Authority (IFSCA), which allows Indian and foreign institutions to set up international financial services within India’s borders but with global flexibility.

 For investors, that means:
 ● Funds based in GIFT City can invest globally without being restricted by SEBI’s overseas investment limits.
 ● They are still domiciled in India, so investors don’t need to worry about foreign disclosures or tax filings abroad.
 ● Global Funds in GIFT are regulated, transparent, and offer the convenience of a domestic mutual fund with the reach of an international one.