Archive · 18 Sep 2025
Tata AMC Explores Relocation of Offshore Funds to GIFT City
Tata Asset Management is planning to move $1.6 billion of its funds from Mauritius and Luxembourg to GIFT City in Gujarat, India.
They are talking to their clients in Japan, the Middle East, and Europe to convince them to relocate their funds.
This move could offer cost savings via tax breaks and help foreign investors invest in India.
It will take approximately 12-18 months.
Non-resident investors could also benefit, potentially avoiding Indian taxes.
Tata Asset Management is considering relocating $1.6 billion in offshore funds.
Funds are currently located in Mauritius and Luxembourg.
The company aims to move funds to GIFT City in Gujarat.
The relocation could take 12-18 months.
This move benefits from government incentives like GST waivers and tax benefits.
- Who
- Tata Asset Management
- What
- Exploring relocation of offshore funds to GIFT City
- When
- September 18, 2025 (publication)
- Where
- GIFT City, Gujarat
- Why
- To benefit from exemptions and incentives and offer tax-efficient entry to investors
- Company
- Tata Asset Management
- Funds Under Consideration
- $1.6 billion
- Current Locations
- Mauritius, Luxembourg
- Proposed Location
- GIFT City, Gujarat
- Relocation Timeline
- 12-18 months
- Benefit
- GST waiver, tax-efficient entry
