GIFT City is not one product. It is a shelf: pooled funds, feeders into global indices, India-access schemes priced in dollars, private credit, venture trusts, real estate vehicles, a broking account that reaches both markets, and foreign-currency insurance and banking.
Each category sits under its own IFSCA framework. Eligibility, minimum ticket and reporting differ - confirm with a registered IFSC intermediary before subscribing.
IFSCA-registered Alternative Investment Funds - privately pooled foreign-currency vehicles investing in private equity, venture capital, credit, real estate and long-short strategies. Offered by domestic managers through GIFT feeder or standalone IFSC schemes.
Fund-of-fund structures that route capital into accumulating ETFs and UCITS index funds abroad. The GIFT vehicle sits outside SEBI's USD 7 Bn overseas mutual fund ceiling, so it remains open to fresh subscription.
Flexicap, large-and-midcap, smallcap, multicap and gilt schemes launched as IFSC branches of Indian AMCs - Indian market exposure bought in USD, without an offshore wrapper or an FPI licence.
Performing-credit, securitisation, special-situations and treasury-plus funds targeting rupee and dollar yield, subscribed by family offices, NRIs and global institutional investors.
GIFT trusts of Indian venture managers pooling offshore LP capital into Indian startups - an Indian-law alternative to Mauritius and Singapore feeder structures.
Category II funds investing in Indian commercial, residential and warehousing assets, plus platform and yield structures raised in foreign currency from GIFT IFSC.
A single IFSC trading account for GIFT Nifty, international equities, ETFs and global bonds - Indian and overseas markets from one foreign-currency account under Indian law.
Foreign-currency term and unit-linked insurance from IFSC insurance offices, portfolio management services, and IFSC banking unit deposits, ECB lending and trade finance.
SEBI's USD 7 Bn overseas ceiling has kept domestic international funds closed to new money since early 2022. IFSCA-governed GIFT feeders sit outside that cap, which makes them the practical passive option available today.
500 companies across all 11 US sectors - the standard entry point for a first global allocation. 90–100% in accumulating ETFs or UCITS index funds, 0–10% debt. Expense ratio 0.30% direct, 0.60% regular.
Roughly 64% technology weight, with historical intra-year drawdowns of 25–30%. Best used as a satellite position once the S&P 500 core is in place, not as a first global holding.
Complete digital KYC with the fund house's IFSC entity - PAN, passport, address proof and bank details.
Add up every LRS outflow for the year - education, travel, property - and keep the total under Rs 10 lakh to avoid the TCS float.
Your bank processes the outward remittance in rupees; funds convert to USD inside the GIFT City banking framework.
USD 5,000 minimum on the first investment with PPFAS, USD 500 thereafter; Tata's GIFT fund launched at a USD 500 floor.
Track NAV in USD, file Schedule FA each year, and compute capital gains only at redemption.
Worth knowing before the first remittance.
A representative sample of managers with IFSC branches, GIFT trusts or feeder schemes.
Illustrative only - not a recommendation, and not an exhaustive list. Fund availability, terms and performance change; verify with the manager.
Informational only. Nothing here is investment advice or an offer. Fund terms, tax rates and LRS limits change - verify current rules with a registered IFSC intermediary and your tax adviser.