Foreign Investment through GIFT City for Indian retail investors

[k.bishnuprasad]

With the recent approvals for major brokers in India like Zerodha and others to operate from GIFT City, is the foreign investment going to become accessible for common small retail investors?

1. Will the indian retail investors be able to invest in Foreign stocks, ETFs, Mutual Funds, Index Funds etc?
2. Will it be governed through the existing LRS scheme?
3. What are the charges and taxation structure going to be like?

[Swapneel_Dey]

@k.bishnuprasad

• Will the indian retail investors be able to invest in Foreign stocks, ETFs, Mutual Funds, Index Funds etc?

Yes, us stocks & etf’s will be available as we start.

@k.bishnuprasad

• Will it be governed through the existing LRS scheme?

Yes, investments will be facilitated within the existing LRS guidelines

@k.bishnuprasad

What are the charges and taxation structure going to be like?

We’re still working through the details. Once we’re closer to the launch, we’ll be able to share more information on the charges, taxation, and overall structure.