Want to invest in global markets, but tax rules and RBI restrictions are confusing you? In this detailed video, we will explain GIFT City (Gujarat International Finance Tec-City) — which has emerged as a smart and legal option for Indian investors to invest in global mutual funds. Due to RBI’s overseas investment limits, many domestic mutual fund schemes have stopped fresh inflow on foreign investments. In such a situation, GIFT City IFSC provides an alternative route, especially for US dollar-denominated global mutual funds.