GIFT City / IFSC
TAX-EFFICIENT ONSHORE GATEWAY
Open an IFSCA-regulated brokerage or fund account inside GIFT City, Gujarat — India's onshore offshore financial centre.
The Onshore-Offshore Financial Hub
GIFT City provides an unprecedented opportunity to access global markets with the comfort of familiar onshore regulation, combined with offshore tax efficiencies. It acts as an International Financial Services Centre (IFSC) right inside Gujarat, India.
Tax Exemptions
Zero STT (Securities Transaction Tax), Zero CTT, and Zero GST on transactions executed through the IFSC exchanges.
Dollar-Denominated
Accounts and transactions are in USD. Keep your capital in foreign currency to avoid repeated FX conversion friction.
Institutional Quality
Gain access to specialized Alternative Investment Funds (AIFs), PMS, and global derivatives generally reserved for institutional wealth.
Unified IFSCA Regulator
Highly regulated by the IFSCA, offering a trustworthy environment without the headache of purely offshore tax havens.
Exchanges & Demat
DOMESTIC BROKERS WITH GLOBAL ACCESS
| PLATFORM / ENTITY | TYPE | OFFERING & LINKS |
|---|---|---|
| HDFC (IFSC Branch) | Bank / Brokerage | IFSC Banking Unit providing foreign currency accounts and demat/brokerage services in GIFT City. |
| India INX (BSE) | International Exchange | BSE's subsidiary offering global stocks, ETFs, and derivatives. Retail trading via India INX Global Access. |
| NSE IX | International Exchange | NSE's international arm offering unsponsored depository receipts of top US stocks (like Apple, Tesla). Visit NSE IX. |
Funds, PMS & AIFs (Portfolio Managers)
Note: While historically catering to HNWIs with higher minimum ticket sizes (typically $5,000 to $150,000+), these GIFT City structures are rapidly opening up to be highly accessible for retail investors as well.
| FUND HOUSE | OFFERING TYPE | DETAILS & LINKS |
|---|---|---|
| PPFAS (Parag Parikh) | Global PMS / Funds | Operating out of GIFT City offering inbound/outbound funds and portfolio management. gift.ppfas.com |
| DSP Investment Managers | Global Funds | Established presence in GIFT City exploring offshore and cross-border fund structures. |
| Marcellus Investment Managers (Launching Soon for Retail) |
Global PMS | Renowned for their Consistent/Global Compounders philosophy, now extending portfolio management via GIFT City. marcellus.in |
| Edelweiss (Launching Soon for Retail) |
Alternative Funds | Setting up GIFT City operations to launch sophisticated alternate and global investment funds. |