3 weeks ago
India INX Global Access to Launch Tax-Efficient European Funds
India INX Global Access is a platform in GIFT City that helps Indians invest in overseas markets.
It currently offers access mainly to US stocks.
The platform plans to add European investment funds called UCITS.
These funds may make investing abroad more tax-efficient for Indian residents.
They can reduce some dividend taxes and remove US estate-tax exposure in the circumstances described by the company.
The new products are expected to become available by November 2026.
Investors may start with about $100 per unit, although fractional units will not be offered.
The platform has grown quickly as more Indian investors use GIFT City to invest globally.
India INX Global Access plans to launch European UCITS ETFs and mutual funds by November 2026.
The products are expected to provide access to funds listed on the London Stock Exchange, Euronext, and Deutsche Börse Xetra.
Ireland-domiciled UCITS funds may reduce dividend withholding tax and avoid US estate-tax exposure compared with direct US holdings.
INX GA has recorded more than $40 billion in cumulative trading volume since opening to resident Indian retail investors in 2022.
More than 150 Indian brokers are linked to the platform, which currently records monthly trading activity of $500 million to $1 billion.
- Who
- India INX Global Access, led in the article’s comments by Manager and Director Ritesh Kumar Varshney, is launching the products for resident Indian investors.
- What
- The platform plans to offer European UCITS exchange-traded funds and mutual funds.
- Where
- The products will be accessed through India INX Global Access in GIFT City, Gujarat, with trading on European exchanges including the London Stock Exchange, Euronext, and Deutsche Börse Xetra.
- When
- The launch is planned for November 2026; the article was published on September 18, 2026.
- Why
- The initiative is intended to expand Indian investors’ access beyond US markets and provide a more tax-efficient route to international equity exposure.
Key facts
- Planned launch
- November 2026
- Products
- UCITS ETFs and UCITS mutual funds
- Potential starting investment
- About $100 per unit
- Cumulative trading volume
- More than $40 billion since retail onboarding began in 2022
- Current monthly activity
- Approximately $500 million to $1 billion
- Indian broker partnerships
- More than 150
- Liberalised Remittance Scheme limit
- $250,000 annually per individual
Quotes
Ritesh Kumar Varshney
Manager and Director at India INX Global Access
“We are going to offer two products: UCITS ETF and UCITS MF. We are planning to go live by November. This is our priority project.”
thehindubusinessline.com
“These feeder funds are more tax efficient because they are in a jurisdiction where most tax exemptions are there.”
thehindubusinessline.com
Sources
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