GIFT City: Your New Gateway to Global Stocks, Mutual Funds, and Insurance

• GIFT City, India's IFSC, offers Indian investors access to global stocks via IFSC exchanges (India INX, NSE IFSC) through UDRs and fractional shares, simplifying international diversification.
• It provides a cost-effective and tax-efficient platform for global equity investments, reducing the need for overseas brokerage accounts and offering STT and stamp duty exemptions.
• Dollar-denominated mutual funds in GIFT City, regulated by IFSCA, bypass SEBI overseas caps and domestic fund limits, offering direct exposure to global ETFs like S&P 500 and Nasdaq 100.
• GIFT City insurance products, primarily USD-denominated, are tailored for NRIs and globally mobile professionals, addressing cross-border estate and retirement needs with tax-free maturity proceeds.
• The platform streamlines investment processes with digital onboarding, simplified KYC, and allows LRS remittances for funding, enhancing ease of access to international financial products.

Why It Matters: GIFT City simplifies global investments for Indians and offers tailored insurance for NRIs, leveraging tax efficiency and streamlined regulations.