Indian fund managers are flocking to get IFSC approvals for affluent Indian investors to grow their portfolios buying global through GIFT scheme of GIFT City created in Gandhinagar, Gujarat. It is estimated that wealth managers may be buying overseas assets of between $3 billion to $ 4 billion in the coming years. Asset allocations show that outbound commitments surged from $170.99 million in September 2023 to $1.43 billion by June 2025. This marks an eight times growth in just two years. The PMS & AIF Special Edition unveiled at the PMS AIF Summit 8.0 pointed to GIFT IFSC’s evolving ecosystem, including flexible fund structuring norms, globally competitive taxation and easier cross-border movement. This has served to make GIFT an attractive and easy platform to diversity into foreign markets. Not just domestic but international investors are utilizing GIFT IFSC to access global investment opportunities in a seamless, regulated and tax-efficient environment. India should have a universe of nearly 2 million HNIs and more than 1.5 million UHNIs by 2030. GIFT IFSC is seen as a professional, safe, tax saving mechanism. Analysts say that Indians are looking to diversify, move away from corelated wealth with an eye on absolute return. Certainly, gains from domestic equities over the past decade are being deployed overseas. GIFT IFSC is now seen as a more than just a platform for foreign private capital entering India. It is becoming a a two-way investment superhighway.