Archive · 24 Sep 2025
New GIFT City Fund Opens Doors for Small Investments in Indian Market
A new investment option in GIFT City allows people from other countries and those with ties to India to invest in the Indian stock market with as little as $500.
This fund invests in various Indian company funds.
It aims to make it simpler for smaller investors to participate in India's economy.
The fund is managed by Tata Asset Management.
Investors may not have to pay taxes in India, which makes it attractive.
The fund has no entry or exit loads.
People from the US, Canada, and some other areas cannot invest.
GIFT City fund enables NRIs, OCIs, and foreigners to invest in Indian markets with $500.
The Tata India Dynamic Equity Fund will invest in domestic equity mutual funds and ETFs.
The fund has tax advantages for non-residents, but investors may face tax in their home country.
Fund has a maximum total expense ratio (TER) of 1.75% for direct investments and 2.5% via distributors.
US, Canadian citizens, and those from black/grey-listed regions are restricted from investing.
- Who
- NRIs, OCIs, Foreign Investors, Tata Asset Management
- What
- New retail fund in GIFT City allowing small investments in Indian market
- When
- Likely to open for subscriptions in October
- Where
- GIFT City, India
- Why
- To provide easier access to the Indian market for international investors
- Minimum Investment
- $500
- Fund Focus
- Domestic Equity Mutual Funds and ETFs
- Target Investors
- NRIs, OCIs, and Foreigners
- Maximum TER
- 1.75% (direct) / 2.5% (distributor)
- Tax Benefits
- Tax-exempt in India for NRIs
- Investment Route
- TATA Asset Management-empanelled distributor or direct
Sources
SEBI, RBI to ease rules for Foreign Investors amid weak inflows, meet investors’ delegation: Report
SEBI Plan Quicker Entry Processes For Foreign Investors, Sources Say
Why Sebi relaxations aren’t enough to boost RIA registrations
Retail trading volumes dip as SEBI tightens norms; brokers diversify into fintech, wealth