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GIFT City (Gujarat International Finance Tec-City), located at Gandhinagar in Gujarat, is emerging as a global financial hub, redefining the financial landscape in India. It is an initiative of the Government of Gujarat supported by the Government of India for the development of a greenfield smart city and IFSC (International Financial Services Center).

Headquartered at GIFT IFSC, Gandhinagar in Gujarat, the International Financial Services Centres Authority (IFSCA) is established under the International Financial Services Centres Authority Act, 2019. India's maiden offshore financial centre.  The regulatory powers of RBI, SEBI, IRDAI, and PFRDA have been vested in IFSCA for regulating financial institutions, products, and services in IFSC at GIFT City. It is a special financial jurisdiction in India that allows investors to conduct foreign currency transactions with ease.

GIFT IFSC is home to multiple services, to name a few - capital market, banking services, fintech companies, startups, and offshore asset management. It is designated as a Special Economic Zone (SEZ) and offers incentives to attract foreign investors and financial institutions. This includes tax benefits, regulatory ease, and world-class infrastructure that is a blend of sustainability and technology.

One of the key attractions within this ambitious project is the establishment and operation of offshore funds. In this blog, we will underline the significance of offshore funds in GIFT IFSC, as well as the numerous benefits that they bring to the table for investors looking to strengthen their portfolios.

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Onshore vs. Offshore Funds: Exploring the Differences

Investors today have diverse strategies at their disposal to build a strong investment portfolio. One of the key challenges that they face is whether to opt for onshore funds or offshore funds. These two options have distinct characteristics, and understanding their differences is crucial to best leverage them.

Onshore and offshore funds cater to different investment needs and objectives. When it comes to onshore vs. offshore investment funds, the right choice between the two ultimately depends on your specific financial goals, risk tolerance, and tax situation. In this blog, we will get familiar with the differences between onshore and offshore funds to help you make informed decisions.

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IFSC GIFT City: A Promising Hub for Global Investments in India

In a modern world that thrives on innovation and technology, IFSC GIFT City is a leap towards positioning India as a major player in the global financial market.

With its focused policies, tax incentives, regulatory clarity, IFSC GIFT City is becoming an attractive destination for global investors seeking to diversify their portfolios and tap into the true potential of offshore funds. In this blog, we delve into the purpose, benefits, and regulations that define the unique landscape of IFSC GIFT City.

What Is GIFT City?

Located at the heart of Gandhinagar, the Gujarat International Finance Tec-City, more commonly known as GIFT City, is one of the most transformative initiatives in India. Established with the vision of becoming a global financial and technological hub, GIFT City operates under the framework of an International Financial Services Centre (IFSC).

The International Financial Services Centres Authority (IFSCA) is established under the International Financial Services Centres Authority Act, 2019. The regulatory powers of RBI, SEBI, IRDAI, and PFRDA have been vested in IFSCA for regulating financial institutions, products, and services in IFSC at GIFT City. It is a special financial jurisdiction in India that allows investors to conduct foreign currency transactions with ease.

The hub is designed to serve both domestic and foreign businesses to set up operations within its premises. GIFT City aspires to contribute significantly to the Indian economy, creating jobs, fostering innovation, and bolstering the country's standing in the global financial arena.