Kalviro Ventures LLP

GIFT City Investments for NRI and Foreign Investors

Invest in India's Premier Global Financial Hub

Gujarat International Finance Tec-City (GIFT City) is India’s first operational International Financial Services Centre (IFSC). GIFT City investment for NRI investors has become the most tax-efficient and regulated route to access India’s growth story in foreign currency. Because GIFT City operates under globally competitive regulations, it gives NRIs and foreign investors access to USD-denominated AIFs, mutual funds, and alternative investment products through a single IFSCA-regulated framework.

At Kalviro Ventures, we curate access to the best GIFT City investment opportunities from India’s leading asset managers. So whether you want exposure to Indian equities, alternative funds, or global assets — our platform connects you to the right products, with expert guidance at every step.

Why GIFT City Investment for NRI Investors Delivers Results

Investing through GIFT City gives NRIs and foreign investors significant structural advantages. Therefore, it has become the preferred route for globally mobile capital seeking exposure to India’s growth story.

NRI Access to Global and Indian Markets Through GIFT City

GIFT City lets investors participate in Indian equities, debt instruments, AIFs, mutual funds, ETFs, and offshore products — all in foreign currencies such as USD, EUR, or GBP. As a result, investors avoid many traditional cross-border investment challenges and simplify currency management significantly.

Tax Benefits of GIFT City Investment for NRI Investors

GIFT City investment for NRI investors carries one of the most compelling tax structures available in India today. Investments through GIFT City enjoy exemptions from Securities Transaction Tax (STT) and Commodity Transaction Tax. Additionally, investors may benefit from capital gains tax advantages under IFSC regulations, which improve net returns compared to equivalent domestic investments.

IFSCA — The Regulatory Framework Behind GIFT City Investment

The International Financial Services Centres Authority (IFSCA) oversees all GIFT City activity. Because IFSCA streamlines account opening, offers multi-currency banking, and relaxes compliance mechanisms for NRIs and foreign investors, the platform is far more accessible than traditional offshore routes.

Robust Governance and Investor Protection

GIFT City aligns its regulations closely with international standards. As a result, IFSCA ensures investor rights stay protected, regulatory clarity prevails, and all proceedings remain transparent and efficient.

GIFT City Investment Products Available to NRI Investors

The GIFT City ecosystem supports a broad range of financial products from India’s best asset managers. These include alternative investment funds focused on long-term growth, multi-cap equity mutual funds, thematic sectoral funds, quant-driven strategies, and ETFs — so investors can build a genuinely diversified portfolio within a single regulated framework.

GIFT City Investment for NRI — Minimum Entry Requirements

Most GIFT City investment products target sophisticated investors. Therefore, the minimum investment starts at USD 1,50,000 (approximately ₹1.25 crore) across most AIFs and offshore mutual funds on our platform.

However, recent regulatory developments have introduced some flexibility. A few newer funds now allow entry from USD 75,000 for accredited investors, though USD 1,50,000 remains the benchmark across most schemes Kalviro Ventures currently offers.

GIFT City Funds Available Through Kalviro Ventures

Fund HouseProduct Name / TypeMinimum InvestmentKey Features
Alchemy CapitalAlchemy India Long Term Fund (Category III AIF)USD 150,000Benchmark-agnostic, long-only equity fund holding 20–40 high-conviction listed Indian stocks. Migrated from Mauritius to GIFT City in 2023. Follows a "Growth at Reasonable Price" philosophy under CIO Hiren Ved, with selective exposure to PIPEs and IPOs.
Motilal OswalMotilal Oswal Gift City India Equity Fund of Funds (Cat III AIF)USD 150,000Open-ended USD fund of funds (registered 2024) feeding into the Motilal Oswal Large & Midcap Fund — a focused ~35-stock SEBI-registered strategy. Provides NRI and foreign investors with diversified large and mid-cap Indian equity exposure through a tax-efficient IFSC structure.
Carnelian AMCIndia Amritkaal Fund Category III AIFUSD 150,000Offshore equivalent of Carnelian's domestic Bharat Amritkaal Fund, active since October 2023. A USD flexi-cap fund holding 25–30 stocks across five structural themes — banking, manufacturing, exports, infrastructure, and consumption — managed using Carnelian's proprietary QGARP framework.
Aditya Birla Sun LifeAditya Birla Sun Life
ABSL Global Bluechip Equity Fund & ABSL India Flexicap Fund
USD 150,000+Two IFSCA-regulated funds for NRI and global investors: the Global Bluechip Equity Fund (international large-cap exposure) and the India Flexicap Fund (broad large, mid & small-cap Indian equity). Both USD-denominated and structured for tax efficiency.
PhillipCapitalPhillip India
Billion opportunities Fund
USD 150,000 for Accredited Investor 50,000 USDActive flexi-cap strategy investing across India's most compelling growth ideas and structural trends. Captures both established market leaders and emerging breakout companies. Lower entry of USD 50,000 available for accredited investors.
Mirae AssetMirae Asset India Equity Allocation Fund (Category III AIF)USD 150,000Open-ended USD feeder fund allocating 70%+ to SEBI-registered Indian mutual funds across large, mid, and small caps, with up to 30% in high-growth sectors like manufacturing and consumption. Structured for full capital repatriation under IFSCA regulations.
Motilal Oswal
Alternative Investment (IFSC) Trust
Motilal oswal Founder's StrategyUSD 150,000 for Accredited Investor 50,000 USDHigh-conviction, flexi-cap, long-only strategy focused on promoter-driven Indian companies with minimum 26% founder holding. Targets top-500 listed companies where aligned management and India's GDP growth converge to drive outsized returns.
Neo Secondaries Fund Gift City FundCategory II AIF | Private EquityMin. USD 150,000Acquires secondary stakes in established, EBITDA-positive PE/VC-backed Indian companies — bypassing early-stage risk entirely. Targets 12–15 companies across consumer, BFSI, healthcare, and technology with near-term exit visibility. Target MOIC: 2.5x–3x | Hurdle: 10% USD.
Bharat Value Fund IFSC FundCategory II AIF | Private EquityMin. USD 150,000Offshore version of the ₹4,000+ crore Bharat Value Fund franchise. Invests in high-growth mid-market Indian businesses at a 30–40% discount to listed peers — focused on manufacturing, import substitution, and Tier II/III consumption themes. IPO-led exits targeted within 30–36 months | Hurdle: 15% XIRR.

Why NRIs Choose Kalviro Ventures for GIFT City Investment

01.

Expertly Curated Opportunities

We give you exclusive access to IFSCA-compliant funds from India’s most reputed asset managers. Because we evaluate every product before it reaches you, you only see opportunities that align with your risk appetite and long-term wealth goals.

02.

Personalized Portfolio Advisory

Every investor carries a unique financial situation. Therefore, our team provides bespoke consultations that consider your goals, risk tolerance, liquidity needs, and regulatory environment — so your GIFT City portfolio stays strategically positioned at every stage.

03.

Simplified Onboarding & Compliance Assistance

Cross-border investing involves complex documentation. However, our dedicated team guides you through every step — from multi-currency account setup and KYC documentation to regulatory filings and fund subscriptions — so the process stays smooth and straightforward.

04.

Tax-Optimized Investment Planning

Our experts help you structure your GIFT City portfolio to fully capitalise on available tax incentives. As a result, you improve after-tax returns while staying fully compliant with IFSCA and Indian tax regulations.

05.

Ongoing Portfolio Reviews and Market Insights

We provide regular performance updates, portfolio reviews, and timely strategy adjustments. So your GIFT City allocations always reflect current market conditions and any evolving regulatory frameworks.

Frequently Asked Questions About GIFT City Investments

What is GIFT City and why is it important for NRI investors?

GIFT City is India's first Integrated International Financial Services Centre (IFSC), located in Gujarat. Because it operates under globally competitive regulations, it lets NRI and foreign investors transact in foreign currencies and access Indian and international markets with added tax and regulatory benefits — all within a single regulated hub.

Who can invest in GIFT City funds?

GIFT City investments primarily target NRIs, foreign nationals, and institutional investors. However, Indian residents can also invest within the limits that the RBI's Liberalized Remittance Scheme (LRS) sets. The platform suits investors who want tax-efficient, foreign currency-denominated investment solutions.

What tax benefits do NRIs get when investing through GIFT City?

NRI investors benefit from exemptions on Securities Transaction Tax and Commodity Transaction Tax. Additionally, capital gains tax treatment under IFSC regulations is often more favorable than onshore funds. Fund management fees within GIFT City are also generally exempt from GST, so investors gain meaningful cost efficiencies.

What types of investments are available through GIFT City?

Investors can access mutual funds, alternative investment funds (AIFs), ETFs, and select offshore funds — all structured under IFSCA's regulatory oversight. So the platform covers everything from equity and debt to private equity and multi-asset strategies.

What is the minimum investment for GIFT City products?

Most products start at USD 1,50,000 (approximately ₹1.25 crore). However, some newer funds allow entry from USD 50,000 for accredited investors. Kalviro Ventures can help you identify which products match your investment size.

How liquid are GIFT City funds?

Liquidity varies by product type. Mutual funds and many open-ended AIFs offer reasonable liquidity with settlement timelines comparable to traditional funds. However, some alternative strategies carry lock-in periods, so investors should review individual fund terms carefully before committing.

How does Kalviro Ventures support GIFT City investors?

We provide end-to-end support — from fund selection and KYC facilitation to documentation, compliance assistance, and ongoing portfolio monitoring. So you get a seamless investment experience that aligns with your financial goals at every stage.

What risks should investors consider before investing in GIFT City?

Like all investments, GIFT City funds carry market volatility, regulatory, and operational risks. Additionally, because GIFT City is a relatively new financial hub, investors should conduct thorough due diligence and seek professional advice before committing capital.

If you’re an NRI looking to invest in GIFT City funds but aren’t sure where to begin your wealth journey, start a conversation—our team will match you with the right funds.​

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