Neutral impactEconomy
ETMarkets NRI Talk | GIFT City AIFs could be the next big NRI investment destination: LGT Wealth’s Nikhil Advani
Economic Times 2 hrs ago·21 Aug 2026, 2:09 am
Global wealth manager LGT has highlighted the GIFT City International Financial Services Centre as a potentially major new destination for Non-Resident Indians (NRIs). The firm suggests that structured investment vehicles, known as Alternative Investment Funds (AIFs), based in this new financial hub could offer better tax efficiency and operational flexibility compared to traditional routes. This comes as a significant development for the Indian diaspora looking to diversify their portfolios.
For investors, this news signals a shift in how NRIs can access the Indian market. It suggests that GIFT City could soon become a preferred gateway for foreign capital, offering a distinct alternative to existing banking channels. This move could help bridge the allocation gap where many NRIs remain underexposed to Indian equities despite the country's strong growth story.
Moving forward, investors should monitor the regulatory rollout of these AIFs and their specific tax benefits. It will also be important to see how these new products compare in terms of liquidity and risk profile to established investment avenues like Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).
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Key takeaways
- Concerns LGT Global Hospitality (LGT).
- Category: Economy.
Why it matters
A routine update for LGT Global Hospitality. Use the price and stock snapshot to gauge how the market is responding.
