There is palpable buzz across the Indian mutual fund industry about the potential of GIFT City’s International Financial Services Centre (IFSC) as a dual-way gateway: not just for foreign inflows, but increasingly for Indian investors to invest overseas. At the recent Moneycontrol Mutual Fund Summit, Bangalore Edition, panel experts laid out that optimism while also flagging what they say are key operational drag-points.

“Access for Indian residents” meets “banking infrastructure gap”

Vaibhav Shah of Mirae Asset Investment Managers captured the shift in language: “GIFT City is now… not only able to attract global capital into India but allowing access for Indian residents to invest globally.” On paper, this signals a major inflection: a jurisdiction once pitched purely as an inward-cap

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