46 Funds
Classified as inbound from verified factsheet sources or corroborating trackersABSL India Flexicap Fund (IFSC)
Aditya Birla Sun Life AMC Limited
Sourced from fund directory listing
ABSL MSCI India Fund (IFSC)
Aditya Birla Sun Life AMC Limited
Sourced from fund directory listing
ASKWA India Opportunities Fund
ASK Investment Managers Limited
Sourced from fund directory listing
Aikyam India Discovery Fund
Aikyam Capital Pvt. Ltd.
Sourced from fund directory listing
Alchemy India Long Term Fund
Alchemy Capital Management Pvt Ltd
Sourced from fund directory listing
Axis India Multicap Fund
Axis Asset Management Company Limited
Sourced from fund directory listing
Bandhan India Government Securities Fund (IFSC)
Bandhan AMC Limited (IFSC Branch)
Sourced from fund directory listing
Bandhan India Large and Mid-Cap Fund (IFSC)
Bandhan AMC Limited (IFSC Branch)
Sourced from fund directory listing
Bandhan India Small Cap Fund (IFSC)
Bandhan AMC Limited (IFSC Branch)
Sourced from fund directory listing
Baroda BNP Paribas Gift Multicap Fund
Baroda BNP Paribas Asset Management India Private Limited (IFSC Branch)
Sourced from fund directory listing
Carnelian India Amritkaal Fund
Carnelian Asset Management and Advisors Pvt Ltd
Sourced from fund directory listing
Carnelian India Multi Strategy Fund
Carnelian Asset Management and Advisors Pvt Ltd
Sourced from fund directory listing
DSP INDIA T.I.G.E.R. FUND
DSP India
Sourced from fund directory listing
DSP India Absolute Return Fund
DSP India
Sourced from fund directory listing
DSP India Equity Opportunities Fund
DSP India
Sourced from fund directory listing
DSP India IFSC Fund
DSP India
Sourced from fund directory listing
Edelweiss India Multimanager Equity Fund - Series I
Edelweiss Asset Management Limited (IFSC Branch)
Sourced from fund directory listing
Edelweiss India Opportunities Fund
Edelweiss Asset Management Limited (IFSC Branch)
Sourced from fund directory listing
HDFC India Balanced Advantage Fund
HDFC AMC International (IFSC) Limited
Sourced from fund directory listing
HDFC India Diversified Equity FOF
HDFC AMC International (IFSC) Limited
Sourced from fund directory listing
HDFC India Flexi Cap Fund
HDFC AMC International (IFSC) Limited
Sourced from fund directory listing
HDFC India Mid-cap Opportunities Fund
HDFC AMC International (IFSC) Limited
Sourced from fund directory listing
HDFC India NIFTY 50 Fund
HDFC AMC International (IFSC) Limited
Sourced from fund directory listing
HDFC India Small Cap Fund
HDFC AMC International (IFSC) Limited
Sourced from fund directory listing
Kotak Equity India Fund of Fund IFSC
Kotak Mutual Fund
Sourced from fund directory listing
Kotak Iconic India Equity Feeder Fund
Kotak Mutual Fund
Sourced from fund directory listing
Kotak India Commercial Real Estate Fund IFSC
Kotak Mutual Fund
Sourced from fund directory listing
Kotak Performing RE Credit Strategy Fund II IFSC
Kotak Mutual Fund
Sourced from fund directory listing
Kotak Real Estate Fund XII – IFSC I
Kotak Mutual Fund
Sourced from fund directory listing
Kotak Real Estate Fund XII – IFSC II
Kotak Mutual Fund
Sourced from fund directory listing
Kotak Real Estate Fund- X IFSC
Kotak Mutual Fund
Sourced from fund directory listing
Kotak Real Estate Investment Fund II – IFSC
Kotak Mutual Fund
Sourced from fund directory listing
Kotak Real Estate Investment Fund – IFSC
Kotak Mutual Fund
Sourced from fund directory listing
Kotak Strategic Situations Fund – II IFSC
Kotak Mutual Fund
Sourced from fund directory listing
Mirae Asset India Equity Allocation Fund
Mirae Asset Investment Managers (India) Private Limited (IFSC Branch)
Sourced from fund directory listing
Motilal Oswal GIFT City India Equity Fund of Funds Trust
MO Alternative IFSC Private Limited
Sourced from fund directory listing
NJ India Opportunities Fund
NJ Asset Management Private Limited
Sourced from fund directory listing
Nippon India ETF Nifty 50 BeES GIFT
Nippon Life India Asset Management Limited
Sourced from fund directory listing
Nippon India Large Cap Fund GIFT
Nippon Life India Asset Management Limited (IFSC Branch)
Sourced from fund directory listing
Nuvama India EDGE Fund
Nuvama Asset Management Limited
Sourced from fund directory listing
Parag Parikh India Flexi Cap Fund
PPFAS Alternate Asset Managers IFSC Private Limited
Sourced from fund directory listing
Rangoli India Fund
Unifi Investment Management LLP
Sourced from fund directory listing
Sage One India Growth GIFT Fund
SageOne Investment Managers LLP
Sourced from fund directory listing
Sundaram India Mid Cap - GIFT
Sundaram Asset Management Company
Sourced from fund directory listing
Tata India Dynamic Equity Fund
Tata Asset Management IFSC Branch
Sourced from fund directory listing
Valuequest India G.I.F.T. Fund
ValueQuest Investment Advisors Pvt. Ltd
Sourced from fund directory listing
Your Guide to GIFT City Inbound Funds
Everything you need to know about investing through India's IFSC.
What is GIFT City and why are inbound funds important?
- GIFT City (Gujarat International Finance Tec-City) is India's first International Financial Services Centre (IFSC) located in Gandhinagar, Gujarat.
- Inbound funds in GIFT City allow foreign portfolio investors and NRIs to invest in Indian markets through a regulatory-friendly IFSC framework.
- These funds enjoy benefits like tax exemptions, no STT, no CTT, and a simplified compliance structure under IFSCA regulations.
How are GIFT City inbound funds different from regular mutual funds?
- GIFT City inbound funds are denominated in foreign currencies (primarily USD) and regulated by IFSCA instead of SEBI.
- They offer tax advantages — no capital gains tax, no STT, no dividend distribution tax for eligible investors.
- They provide a bridge for global investors to access Indian equities, debt, and alternative assets under international best practices.
Who can invest in GIFT City inbound funds?
- Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) can invest through these funds.
- Foreign Portfolio Investors (FPIs) and institutional investors can access Indian markets via GIFT City.
- Some funds also allow resident Indians who qualify under the Liberalised Remittance Scheme (LRS).
What are the tax benefits of investing through GIFT City?
- No Securities Transaction Tax (STT) or Commodities Transaction Tax (CTT) on transactions.
- Exemption from capital gains tax for units held in IFSC for 10 years under certain conditions.
- No Dividend Distribution Tax — dividends are tax-free at the fund level.
- GST exemptions on certain financial services within the IFSC.
What is K1 compliance and why does it matter for US NRIs?
- K-1 is an IRS tax form used to report a partner's share of income, deductions, and credits from a partnership or S corporation.
- For US-based NRIs, investing in K1-compliant funds simplifies tax reporting to the IRS.
- Non-K1 funds may require complex PFIC (Passive Foreign Investment Company) reporting, which can be burdensome.
- K1-compliant GIFT City funds are structured to issue Schedule K-1 forms, making US tax filing straightforward.
What types of funds operate from GIFT City?
- Equity funds investing in Indian listed securities (large, mid, small cap) through feeder structures.
- Debt funds targeting Indian government securities and corporate bonds.
- Hybrid and multi-asset funds combining equity, debt, and alternative strategies.
- Category III AIFs offering long-short, arbitrage, and other sophisticated strategies.
FAQ content sourced from thefynprint.com's GIFT City Outbound/Inbound Funds Trackers.