DSP MF breaks new ground with India’s first retail offshore fund from GIFT City
Last Update Date: 06-10-2026
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar said the structure offers a practical way to reach global equities when most domestic funds cannot invest abroad, but suggested watching the new fund's performance for a while before investing, as it has no track record.
More of Abhishek's views on mutual funds
The article reports on the country's first offshore mutual fund aimed at retail investors, launched from GIFT City under the 2025 framework. It explains how the fund uses each investor's LRS limit rather than the industry-wide overseas cap, its share classes and costs, fund-level taxation and the onboarding process.
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DSP MF breaks new ground with India’s first retail offshore fund from GIFT City