Gujarat International Finance Tec (GIFT) City is a unique financial hub in India, offering tax exemptions for products and services, allowing investors to only pay taxes in their home countries. It operates under international regulations with a single authority, the International Financial Services Centres Authority (IFSCA), overseeing all financial products. Multi-Financial Distributors (MFDs) can distribute schemes from GIFT City without additional exams, benefiting from attractive commission structures. Investment is open to NRIs, foreign nationals, and resident Indians, with a minimum investment requirement. The KYC process is simplified, requiring minimal documentation. Various fund houses operate within the GIFT City framework.