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GIFT Nifty for NRIs

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About GIFT NIFTY

Trading on the Nifty index, previously facilitated for foreign investors as SGX NIFTY in Singapore, has now fully transitioned to India with the launch of GIFT NIFTY at NSE IX (also known as NSE IFSC Exchange). Launched on July 3, 2023, on the NSE IX, this IFSCA-regulated product enables international investors, including NRIs and EFIs, to gain seamless and efficient exposure to India's equity markets. This strategic move strengthens domestic financial infrastructure, centralizes oversight, and significantly supports India’s ambition to establish a strong global presence via GIFT City.

IFSCA Guidelines for Qualified Jewellers

Trading on the Nifty index, previously facilitated for foreign investors as SGX NIFTY in Singapore, has now fully transitioned to India with the launch of GIFT NIFTY at NSE IX (also known as NSE IFSC Exchange). Launched on July 3, 2023, on the NSE IX, this IFSCA-regulated product enables international investors, including NRIs and EFIs, to gain seamless and efficient exposure to India's equity markets. This strategic move strengthens domestic financial infrastructure, centralizes oversight, and significantly supports India’s ambition to establish a strong global presence via GIFT City.

IFSCA Guidelines for Qualified Jewellers

Advantages of GIFT Nifty for NRIs

Extended hours trading GIFT Nifty

Extended hours: GIFT Nifty trades for nearly 21 hours a day (two trading sessions) which overlaps with trading hours in Asia, Europe and the United States. This allows traders greater flexibility and provides more opportunities to trade.

Low transaction cost GIFT Nifty

Zero Transaction Taxes: Trade smarter with globally competitive brokerage rates and no STT, no CTT, or exchange turnover taxes, keeping your transaction costs low.

Regulatory confidence with IFSCA

Robust Regulatory Ecosystem: GIFT Nifty operates under the regulatory framework of the International Financial Services Centres Authority (IFSCA), ensuring a transparent and well-regulated environment that enhances investor confidence.

Tax exemptions for GIFT City investors

T+0 Contracts available: NSE IX has launched India’s first-ever Zero Days to Expiry (0DTE) Options on the Nifty 50 Index at GIFT IFSC. These contracts offer daily expiries from Monday to Friday, giving investors unmatched flexibility and precision in trading.

Hassle-free documentation in GIFT City

Hassle –Free Onboarding: No need to open separate NRE, NRO, or PIS accounts. Simply open your trading account and start investing in GIFT Nifty seamlessly via the AR Trade mobile application.

How To Open A GIFT Nifty Trading Account?

Step 1: Connect to Begin Your Application
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Send an Email to [email protected] to get the application form.

Step 2: Prepare the KYC Documents
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Arrange all the documents as per the checklist and have them verified outside India by any of the relevant authorities including Certified Public Accountant or Notary Public or Registered Lawyer

Step 3: Review of the documents
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Please mail the scanned images of the filled out form with all the documents as per the checklist to our team or mail to [email protected].

Step 4: Verification and Submission of Original Documents
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Our team will verify your scanned documents. Once verification is complete, you’ll receive a confirmation email with the next steps. Afterwards, please send the original signed documents to the Anand Rathi GIFT City office address provided.

The postal address is as mentioned below:

ANAND RATHI INTERNATIONAL VENTURES (IFSC) PRIVATE LIMITED, Unit Number 204, 2nd Floor, Signature Building, Zone 1, GIFT SEZ, Gandhinagar, Gujarat – 382355.

Documents Required For Opening A GIFT Nifty Account

The documents required for opening a GIFT Nifty Account include;

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PAN Card

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Bank Proof – NRE/NRO bank statement (last 6 months) and Cancelled Cheque

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Overseas Address Proof – Utility bill / tenancy contract / driving license

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Aadhaar card

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Passport (with valid visa)

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Passport-size Photograph

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Emirates ID (if UAE-based)

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Nominee Proof – PAN / Passport

Note: The documents will have to be verified outside India by any of the relevant authorities including Certified Public Accountant or Notary Public or Registered Lawyer. Additional documents maybe required.

Different Types of GIFT Nifty Contracts

FAQs

Participants, including Non-Resident Indians (NRIs), Foreign Portfolio Investors (FPIs) and Eligible Foreign Investors (EFIs) can invest in GIFT Nifty by becoming clients of a trading member of the NSE IX. Indian citizens are not allowed to trade in GIFT Nifty.

GIFT Nifty operates on NSE IX for 21 hours in two sessions, namely;

  • Session 1 – 6.30 am to 3.40 pm
  • Session 2 - 4.35 pm to 2.45 am

(timings as per Indian Standard Time).

NRIs and foreign investors can trade GIFT Nifty through a broker that is a member of the NSE IX. To begin trading, you have to open a trading account with a registered broker and deposit funds.

Indian citizens are not allowed to invest in GIFT Nifty. Only foreign portfolio investors (FPIs) and NRIs are allowed to do so.