About GIFT City

Gujarat International Finance Tec-City (GIFT City) is India’s flagship international financial hub and the only approved International Financial Services Centre (IFSC) in the country. Covering 886 acres with plans for expansion to 2,000 acres, GIFT City plays a key role in reinforcing India’s global presence in the financial services sector.

Developed as a joint initiative by the Government of Gujarat, GIFT City stands as a state-of-the-art Free Trade Zone offering compelling tax incentives. For Non-Resident Indians (NRIs) and Foreign Investors, GIFT City offers a streamlined path to participate in India’s rapidly expanding financial markets, positioning India as a world-class financial destination that attracts both domestic and international businesses alike.

About the International Financial Services Centre (IFSC)

An International Financial Services Centre (IFSC) is a specialized economic zone within India that offers full currency convertibility and various fiscal exemptions and incentives under sovereign support.

The regulatory framework of GIFT City’s IFSC is governed by the International Financial Services Centre Authority (IFSCA), a unified body that establishes and oversees internationally accepted regulations. This ensures smooth operations and creates a transparent environment for investors and financial institutions alike.

ABSLAMC at GIFT City

On November 28, 2022, Aditya Birla Sun Life AMC (ABSLAMC) was granted approval by the International Financial Services Centre Authority (IFSCA) to operate as a "Registered Fund Management Entity (Non-Retail)" at GIFT City. This empowers ABSLAMC to manage specialized offshore funds under two prominent categories:

• Alternative Investment Funds (AIF)
• Portfolio Management Services (PMS)

This expansion solidifies ABSLAMC’s position as a key player in managing offshore funds designed NRIs and foreign nationals, offering them access to the opportunities in the global as well as the Indian financial ecosystem

Advantages of Investing in Global Markets

Global equities present several advantages for investors seeking diversification and growth opportunities:

• Diversification Across Economies: Investing in global equities helps mitigate risk by reducing dependence on the performance of a single economy, particularly during economic downturns.
• Optimizing Dollar Savings: Through the Liberalized Remittance Scheme (LRS), investors can build US dollar savings, helping to meet long-term financial goals such as education, housing, and inheritance.
• Exposure to Emerging Businesses: Global markets provide access to high-growth sectors, including Artificial Intelligence (AI), Cloud Computing, Data Centers, IoT, and Mobile Technology—industries that are not yet fully accessible in India.
• Balanced Portfolio Performance: With only a small percentage (1%) of Indian savings currently invested in global equities, international investments offer an opportunity to broaden portfolio exposure and enhance returns.
• Experienced Fund Managers: Global investments are often managed by seasoned professionals with solid track records, providing expertise and growth potential for investors.

Key Benefits of Investing in India Through GIFT City

• No Requirement for NRE/NRO Accounts
• Streamlined Onboarding Process with Minimal Documentation
• No Permanent Account Number (PAN) Required
• TDS Exemption
• Full Repatriation Flexibility
• Inbound Feeder Fund Structure for Efficient Capital Movement
• Access to Leading Aditya Birla Sun Life Mutual Funds (MF) and Exchange-Traded Funds (ETFs)
• No Need for Foreign Portfolio Investor (FPI) License

ABSLAMC GIFT City Investment Solutions

Access to Global Markets

Access to Indian Markets

Complaint Handling and Grievance Redressal

Investor Classification

Contact Us