Complete List of GIFT City Funds & Platforms
GIFT City isn't one product — it's a whole ecosystem of funds, exchanges, and platforms, each with different minimums and access routes. Here's what's actually out there for a resident Indian investor.
⚠️ Fast-Moving Category
GIFT City's product ecosystem is expanding quickly, with new funds and platforms launching regularly. This list reflects the broad categories and representative examples available as of August 2026 — always verify current product availability, minimums, and resident-Indian eligibility directly with IFSCA or the specific platform before investing.
In this guide:
Outbound Retail Funds
Dollar-denominated, mutual-fund-style schemes domiciled at GIFT City that invest in international markets — US, Europe, Japan, China, Taiwan and other regions, depending on the specific fund's mandate. These are the most accessible GIFT City product for retail investors, typically requiring a minimum around USD 5,000. Several Indian AMCs and IFSC-registered fund managers have launched such funds, often mirroring the strategy of an established domestic international fund-of-funds but structured directly at GIFT City instead.
Unsponsored Depository Receipts (UDRs)
UDRs are listed on the NSE International Exchange (NSE IX) at GIFT City and give investors economic exposure to shares of large US companies — think of it as a way to gain exposure to specific US stocks without opening a separate US brokerage account. They trade and settle in USD on NSE IX, and are typically accessible at the price of a single unit, making them one of the lower-minimum ways to get individual-stock US exposure through GIFT City.
GIFT City ETFs
Exchange-traded funds domiciled at GIFT City offer low-cost exposure to global indices or thematic baskets (technology, healthcare, broad US or global market indices) through a single listed instrument, similar in concept to a domestic index ETF but denominated in USD and holding international underlying assets.
Global Access Platforms
Rather than a single fund, some GIFT City entities offer integrated brokerage-style accounts — a single account giving access to multiple international markets, individual stocks, ETFs, and sometimes multiple currencies. These function more like a global trading account than a single investment product, useful if you want ongoing flexibility to pick and choose international holdings rather than committing to one fund's mandate.
GIFT City AIFs
Alternative Investment Funds registered at GIFT City carry meaningfully higher minimums — often USD 150,000 or more — and are generally aimed at more sophisticated investors, NRIs, and institutions rather than typical retail investors. These can offer more specialized or concentrated strategies than the retail-oriented outbound funds, comparable in spirit to how a domestic PMS or AIF sits above mutual funds in minimum ticket and strategy flexibility.
Choosing Between Them
The right entry point depends mostly on how much capital you have and how hands-on you want to be:
- Want simple, diversified international exposure with a smaller ticket? An outbound retail fund is the most straightforward starting point.
- Want exposure to specific US companies? UDRs let you target individual names.
- Want low-cost, broad index exposure? A GIFT City ETF does that in a single listed instrument.
- Want ongoing flexibility to pick your own holdings across markets? A Global Access Platform functions more like a full brokerage account.
- Have USD 150,000+ and want a more specialized strategy? GIFT City AIFs sit at the top of the minimum-investment ladder, similar to domestic PMS/AIF.
Whichever route you choose, confirm resident-Indian eligibility and current minimums directly with the platform before initiating any LRS remittance — see our step-by-step LRS guide for the actual investment process.
Check your domestic portfolio first
Before adding international exposure through any of these routes, OverlapIQ checks how much your existing mutual funds already overlap with each other. Free, no signup required.
Analyze My Portfolio →Frequently Asked Questions
What is a UDR in GIFT City?
A UDR (Unsponsored Depository Receipt) is an instrument listed on NSE International Exchange (NSE IX) at GIFT City that gives investors economic exposure to shares of large US companies, priced and settled in USD, without needing a separate US brokerage account.
What's the minimum investment for GIFT City products?
It varies widely by product type. Outbound retail funds can start around USD 5,000. UDRs and ETFs may be accessible at the price of a single unit. GIFT City AIFs and more sophisticated structures often require USD 150,000 or more. Always check the specific product's minimum before assuming a figure applies broadly.
Are all GIFT City platforms open to resident Indians?
No. Some GIFT City products and platforms are structured exclusively for NRIs, OCIs, or foreign investors. Always confirm resident-Indian eligibility with the specific platform before initiating an LRS remittance.
People Also Ask
Can I hold multiple GIFT City products at once?
Do UDRs pay dividends like the underlying US stock?
Is trading on NSE IX the same as trading on a US exchange?
Disclaimer: This article is for educational purposes only and does not constitute investment advice or a recommendation of any specific product or platform. GIFT City investments involve currency risk and are subject to market risks including the risk of loss of capital. Product availability, minimums, and eligibility change frequently — verify current details directly with IFSCA or the specific provider before investing.