UNBELIEVABLE: Gift city - The Untold Story

Edelweiss Asset Management launches Edelweiss US Technology Equity Fund in GIFT City, invests in JPMorgan US Technology Fund

Edelweiss Asset Management launched the Edelweiss US Technology Equity Fund through GIFT City, providing dollar-denominated exposure to JPMorgan’s US Technology Fund. The fund targets resident investors, NRIs, institutions and family offices, with a $5,000 minimum investment. The launch offers an alternative overseas investment route amid India’s mutual fund limits.

The Economic Times · 1h ago

ET Alpha Wealth Summit 2.0: The ideas, trends and opportunities shaping future of wealth creation

ET Alpha Wealth Summit 2.0 brings together leading investors, wealth managers and family-office professionals to decode the forces shaping the next investment cycle. From global capital flows, private credit and alternatives to family offices, GIFT City, SIFs and AI, the summit explores new opportunities and evolving approaches to wealth creation.

The Economic Times · 18h ago

Saurabh Mukherjea’s Marcellus ties up with VanEck to widen global investment offerings for Indian investors

Marcellus Investment Managers has partnered with VanEck to expand its global investment offering for Indian investors through a multi-asset strategy. The portfolio will span global equity and bond ETFs, commodities and real assets, giving high-net-worth investors access to diversified global exposure and dollar diversification through Marcellus GIFT City.

The Economic Times · 18h ago

HSBC, ICICI Bank emerge as biggest FX lenders to India’s diaspora in GIFT City

HSBC and ICICI Bank led lending under a special foreign-exchange swap program. These two banks disbursed a combined $19.3 billion through the central bank's facility. The Reserve Bank of India's program boosted activity in GIFT City significantly. This success encourages lenders to expand wealth management operations and attract more diaspora…

The Economic Times · Sep 16

SBICAP Securities partners with Appreciate for global market access via India INX GA, NSEIXGA

SBICAP Securities has partnered with Appreciate Broking IFSC to give retail investors regulated access to more than 8,000 US stocks and global ETFs through GIFT City. The platform offers single-KYC onboarding and fractional investing starting at $1.

The Economic Times · Sep 11

Waterfield Advisors launches two GIFT City funds for global diversification

Waterfield Advisors has launched two GIFT City-based outbound AIFs to help Indian family portfolios diversify across global equities, commodities and fixed income. The funds aim to address concentrated domestic exposure and provide access to international markets through India-based vehicles, with the firm recommending a minimum strategic allocation of 10% to…

The Economic Times · Sep 7

ETMarkets NRI Talk| ₹10 crore NRI portfolio: How Raghvendra Nath would allocate it across equities, debt and alternatives

Raghvendra Nath, MD, Ladder Up Wealth Management, believes equities should form the core of an NRI’s India portfolio, while fixed income and alternative investments can provide diversification.

The Economic Times · Aug 26

ET WLF 2026: GIFT City eyes reforms to bring offshore biz home

GIFT City is shifting its focus to bring India-related cross-border financial business home. The regulator aims to address product, expertise, and regulation gaps that drive business overseas. GIFT City seeks to become a landing point for both inbound and outbound investment activities. Indian institutions are urged to assess shifting current…

The Economic Times · Aug 25

India’s Reinsurance: Hidden tax or treaty? Best way to expand tax base is to redraw map of where business is done

Indian insurers transfer risk to global reinsurers, impacting tax treaties. These international agreements often prevent India from taxing reinsurance profits. Foreign reinsurers without a permanent establishment face fewer tax obligations. India aims to attract reinsurance business to GIFT City for taxation. This strategy seeks to increase domestic underwriting expertise and…

The Economic Times · Aug 25

PPFAS GIFT reduces minimum investment in its two outbound passive funds to $500

PPFAS GIFT has cut the minimum investment in its S&P 500 and Nasdaq 100 outbound passive funds from $5,000 to $500, effective August 25. The move aims to broaden access to global diversification for eligible Indian investors through GIFT City, offering index-linked exposure to leading US companies without requiring foreign…

The Economic Times · Aug 25