Verified 8 verified funds
Checked field by field against the fund house's latest factsheet and notices (as on 2026-10-12): NAV history, expense ratio, minimum investment, exit load, benchmark, holdings and allocations.
HDFC India Balanced Advantage Fund
HDFC AMC International (IFSC) Limited
Checked against the fund house's latest factsheet and notices
HDFC India Diversified Equity FOF
HDFC AMC International (IFSC) Limited
Checked against the fund house's latest factsheet and notices
HDFC India Flexi Cap Fund
HDFC AMC International (IFSC) Limited
Checked against the fund house's latest factsheet and notices
HDFC India Mid-cap Opportunities Fund
HDFC AMC International (IFSC) Limited
Checked against the fund house's latest factsheet and notices
HDFC India NIFTY 50 Fund
HDFC AMC International (IFSC) Limited
Checked against the fund house's latest factsheet and notices
HDFC India Small Cap Fund
HDFC AMC International (IFSC) Limited
Checked against the fund house's latest factsheet and notices
Sundaram India Mid Cap - GIFT
Sundaram Asset Management Company
Checked against the fund house's latest factsheet and notices
Tata India Dynamic Equity Fund
Tata Asset Management IFSC Branch
Checked against the fund house's latest factsheet and notices
41 other inbound funds
From public directory listings. Shown as listed; not independently checked against a factsheet.
ABSL India Flexicap Fund (IFSC)
Aditya Birla Sun Life AMC Limited
Directory listing, not independently verified
ABSL MSCI India Fund (IFSC)
Aditya Birla Sun Life AMC Limited
Directory listing, not independently verified
ASKWA India Opportunities Fund
ASK Investment Managers Limited
Directory listing, not independently verified
Aikyam India Discovery Fund
Aikyam Capital Pvt. Ltd.
Directory listing, not independently verified
Alchemy India Long Term Fund
Alchemy Capital Management Pvt Ltd
Directory listing, not independently verified
Axis India Multicap Fund
Axis Asset Management Company Limited
Directory listing, not independently verified
Bandhan India Government Securities Fund (IFSC)
Bandhan AMC Limited (IFSC Branch)
Directory listing, not independently verified
Bandhan India Large and Mid-Cap Fund (IFSC)
Bandhan AMC Limited (IFSC Branch)
Directory listing, not independently verified
Bandhan India Small Cap Fund (IFSC)
Bandhan AMC Limited (IFSC Branch)
Directory listing, not independently verified
Baroda BNP Paribas Gift Multicap Fund
Baroda BNP Paribas Asset Management India Private Limited (IFSC Branch)
Directory listing, not independently verified
Carnelian India Amritkaal Fund
Carnelian Asset Management and Advisors Pvt Ltd
Directory listing, not independently verified
Carnelian India Multi Strategy Fund
Carnelian Asset Management and Advisors Pvt Ltd
Directory listing, not independently verified
DSP India Equity Opportunities Fund
DSP India
Directory listing, not independently verified
Edelweiss India Multimanager Equity Fund - Series I
Edelweiss Asset Management Limited (IFSC Branch)
Directory listing, not independently verified
Edelweiss India Opportunities Fund
Edelweiss Asset Management Limited (IFSC Branch)
Directory listing, not independently verified
Kotak Data Center Fund IFSC
Kotak Alternate Asset Managers Limited
Directory listing, not independently verified
Kotak Equity India Fund of Fund IFSC
Kotak Alternate Asset Managers Limited
Directory listing, not independently verified
Kotak Iconic India Equity Feeder Fund
Kotak Alternate Asset Managers Limited
Directory listing, not independently verified
Kotak India Commercial Real Estate Fund IFSC
Kotak Alternate Asset Managers Limited
Directory listing, not independently verified
Kotak India Emerging Equity Fund of Fund IFSC
Kotak Alternate Asset Managers Limited
Directory listing, not independently verified
Kotak Infrastructure Investment Fund
Kotak Alternate Asset Managers Limited
Directory listing, not independently verified
Kotak Performing RE Credit Strategy Fund II IFSC
Kotak Alternate Asset Managers Limited
Directory listing, not independently verified
Kotak Real Estate Fund XII – IFSC I
Kotak Alternate Asset Managers Limited
Directory listing, not independently verified
Kotak Real Estate Fund XII – IFSC II
Kotak Alternate Asset Managers Limited
Directory listing, not independently verified
Kotak Real Estate Fund- X IFSC
Kotak Alternate Asset Managers Limited
Directory listing, not independently verified
Kotak Real Estate Investment Fund II – IFSC
Kotak Alternate Asset Managers Limited
Directory listing, not independently verified
Kotak Real Estate Investment Fund – IFSC
Kotak Alternate Asset Managers Limited
Directory listing, not independently verified
Kotak Strategic Situations Fund – II IFSC
Kotak Alternate Asset Managers Limited
Directory listing, not independently verified
Mirae Asset India Equity Allocation Fund
Mirae Asset Investment Managers (India) Private Limited (IFSC Branch)
Directory listing, not independently verified
Motilal Oswal GIFT City India Equity Fund of Funds Trust
MO Alternative IFSC Private Limited
Directory listing, not independently verified
NJ India Opportunities Fund
NJ Asset Management Private Limited
Directory listing, not independently verified
Nippon India ETF Nifty 50 BeES GIFT
Nippon Life India Asset Management Limited
Directory listing, not independently verified
Nippon India Large Cap Fund GIFT
Nippon Life India Asset Management Limited (IFSC Branch)
Directory listing, not independently verified
Nuvama India EDGE Fund
Nuvama Asset Management Limited
Directory listing, not independently verified
Parag Parikh India Flexi Cap Fund
PPFAS Alternate Asset Managers IFSC Private Limited
Directory listing, not independently verified
Rangoli India Fund
Unifi Investment Management LLP
Directory listing, not independently verified
Sage One India Growth GIFT Fund
SageOne Investment Managers LLP
Directory listing, not independently verified
Valuequest India G.I.F.T. Fund
ValueQuest Investment Advisors Pvt. Ltd
Directory listing, not independently verified
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.