GIFT City funds: How retail investors can access global markets as international schemes face curbs
New Delhi, Sept. 2 -- As international mutual funds breach overseas investment limits, several schemes have either stopped accepting fresh investments or reopened for limited periods. However, GIFT City offers an alternative route for Indian retail investors seeking global exposure.
Here's what retail investors need to know about investing through GIFT City.
Aditya Agarwal, Co-Founder, Wealthy.in said, "GIFT City is currently the main open channel for a resident Indian who wants meaningful global equity exposure through a pooled fund."
He said three features make it relevant for retail investors:
Agarwal explained the following steps:
Agarwal said seven retail outbound schemes across five fund houses were live. All are USD-denominate...
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