All mutual funds listed in GIFT City are managed by IFSCA-registered fund houses. These are the same reputed names you see in India, e.g. Tata, DSP, Mirae, but operated through their GIFT City units.
With Belong, you can invest in USD denominated mutual funds, including new fund offers (NFOs), available only in GIFT City. These funds are of two types - those that invest in India (inbound funds) and those that invest abroad (outbound funds). ...
You can invest fully digitally: Complete your Belong onboarding & KYC. The KYC mode will depend on your country of residence, residential status and the products you want to invest in. Fund your Belong wallet with USD (from your overseas or Indian ...
Yes. Belong operates under Betafront Securities IFSC Pvt Ltd, an IFSCA-registered distributor of capital markets products & services, ensuring regulatory compliance and customer protection. You can check out our license on the IFSCA website.
For your outbound funds, nothing changes as both NRIs and RIs have no tax differences ie for both the tax is at fund level. For inbound funds, it is recommended that you exit before your residency status changes to Resident Indian so that you can ...