With this launch, Tata aims to make India’s capital markets more accessible, modern and globally connected—turning India’s growth story into a truly borderless opportunity
India’s economic rise is no longer confined by geography. In a move aimed at making investment into India easier for overseas Indians, Tata Asset Management has launched the Tata India Dynamic Equity Fund through the International Financial Services Centre at GIFT City.
The new fund offers a simple, dollar-denominated route for Non-Resident Indians (NRIs) to participate in India’s long-term growth story. Early interest has been strong from major NRI hubs such as Singapore and Dubai, where demand for Indian investment opportunities continues to grow.
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For many NRIs, investing in India has not always been straightforward. Complex compliance rules, including KYC requirements, FEMA regulations and repatriation procedures, often create hurdles
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Differences in tax systems across countries can also raise concerns about double taxation and reporting. Currency fluctuations, property-related legal issues and the challenge of managing investments from abroad further complicate matters
The Tata India Dynamic Equity Fund seeks to ease several of these concerns. Operating under the IFSC framework at GIFT City, the structure removes many traditional barriers. Investors do not need an Indian PAN card, an Indian bank account or extensive double taxation paperwork. They can invest directly in US dollars through overseas bank accounts, and redemption proceeds can be transferred back abroad smoothly.
According to Abhinav Sharma, Head of International Business at Tata Asset Management, the GIFT City platform has been designed specifically to reduce administrative and tax-related friction for global investors. While market and currency risks remain, the process itself is simpler and more transparent.
