Alternate Investment Funds via GIFT City
RBL Bank’s GIFT City branch can now offer a wide range of high-quality Alternate Investment Funds (AIF’s) for Non Resident Indians (NRIs), Foreign Nationals and Resident Indians.
Key Features:
End to end assistance for product selection, execution, reporting, and ongoing portfolio support.
GIFT City AIFs are legally domiciled in an IFSC and structures in freely convertible foreign currency (most commonly USD).
Regulated and compliant distribution under applicable capital market guidelines regulated by IFSCA.
Global diversification opportunities across multiple markets, diversification beyond India.
Flexible investor classification namely two-tier a) Regular investors and b) Accredited investors (as defined under IFSCA circulars).
Benefits of Investing via GIFT City:
No PAN required for non-resident IFSC investors
Zero capital gains tax; no STT or CTT on eligible instruments
Foreign-currency investments without mandatory rupee conversion
No Indian tax return filing for eligible investors
