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Outbound funds see low uptick at GIFT City due to regulatory, tax challenges

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Fund management business at GIFT City is seeing notable traction with the bulk of activity happening in the inbound fund arena. The traction in outbound funds, however, remains subdued. The disparity in traction in inbound and outbound funds to a combination of regulatory and tax challenges, including the fact that there is limited ability of fund managers in GIFT City to provide specialised expertise in global equities.

The recent article, “Outbound funds see low uptick at GIFT City due to regulatory, tax challenges” deals with this issue with insights from our Partner Vinod Joseph.

Read the article here

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