GIFT City FAQs
Common questions about GIFT City, answered in plain language.
What is GIFT City?
Gujarat International Finance Tec-City is home to India’s International Financial Services Centre (IFSC), where financial business is conducted in foreign currency under a single regulator, the IFSCA. Read more on our GIFT City Investing page.
Can a resident Indian invest through GIFT City?
Yes, in eligible products, under the RBI’s Liberalised Remittance Scheme and within its annual limit. Tax collected at source may apply to the remittance.
In which currency are investments made?
In foreign currency, most commonly US dollars. Your return in rupees therefore depends on the exchange rate as well as on the investment.
What is the minimum investment?
It varies widely by product. Many funds are designed for larger investors and have high minimums. We can tell you what is currently available.
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