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Budget sops may spur up to 10% Mauritius funds to relocate to IFSC

Experts say while global funds may want to consider shifting their India portfolios to IFSC, the move would result in splitting the fund into two, which may not be acceptable to investors

Topics
Budget 2021 | GIFT City IFSC | Mauritus funds

Ashley Coutinho  |  Mumbai 

GIFT City
FPIs that are willing to move to the GIFT City after the budget announcement are planning to reach out to the government in this regard, according to reports.

The Budget concessions may spur several Mauritius to relocate to International Financial Services Centre (IFSC) at Gift City.

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First Published: Tue, February 09 2021. 18:06 IST
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