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  • News From Press How do you invest in GIFT City ETFs?

    How do you invest in GIFT City ETFs?

    Source: Mint Nov 28, 2023

    Indian citizens have many options for investing abroad. For one, they can put their money in mutual funds that invest outside of India. The advantage is ease of transaction but taxation is at slab rate for those in high tax slabs.

    They can open a broking account with a foreign broker. This will help large investors seeking flexibility of spreading their investments across various asset classes, but be wary of the hassles of paperwork, taxation and liquidity.

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