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Dec 26, 2025
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GIFT City mutual fund investment: From dividend to capital gains, know all about taxation for NRIs and residents
Indian residents can invest in outbound US dollar denominated mutual funds in GIFT City to diversify their portfolios, especially since many domestic overseas mutual fund schemes have either paused fresh investments or curtailed it. This situation has arisen from RBI's restrictions on overseas investments by domestic mutual funds. GIFT stands for Gujarat International Finance Tec-City and it is in Gandinagar, Gujarat. It is also India's first international financial services centre (IFSC).
Indian residents can invest in outbound US dollar denominated mutual funds in GIFT City to diversify their portfolios, especially since many domestic overseas mutual fund schemes have either paused fresh Investments or curtailed it. This situation has arisen from RBI's restrictions on overseas investments by domestic mutual funds. GIFT stands for Gujarat International Finance Tec-City and it is in Gandinagar, Gujarat. It is also India's first international financial services centre (IFSC).
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