GIFT City Portfolio
Management Services

Discretionary, advisor-managed global portfolios. You own the securities directly — managed by a dedicated portfolio manager registered with IFSCA.

$25K – $150K Minimum Discretionary Management You Own Securities Directly IFSCA Regulated

GIFT City Outbound PMS Managers

Discretionary global portfolio management — you own securities directly in a demat account. Concentrated, high-conviction strategies for HNI investors who want active global equity management beyond passive index funds.

Minimum investment
USD 75K+
Varies by manager. Marcellus GCP starts at USD 75,000. No lock-in for most PMS products.
Liquidity
Flexible
No lock-in for most GIFT City PMS. Exit at any time — far more liquid than AIFs.
Tax filing
Investor
Each securities transaction is a taxable event in your hands. LTCG 12.5%, STCG slab rate. File via ITR.
Full Analysis Live PMS No Lock-in

Marcellus Global Compounders Portfolio (GCP)

Marcellus Investment Managers (IFSC) Pvt. Ltd. · IFSCA/FME/III/2022-23/037 · Inception: Oct 31, 2022
35–40 quality compounders from North America and Europe. Industrials 35%, IT 16%. Up market +70.2% vs S&P 500 +61.4% (Oct 2022–Feb 2025). Down market –11.7% vs –17.3%. Three fee structures including 0% fixed + 20% performance. High water mark. Joint holding recommended (US estate tax risk).
Read Full Analysis →
Minimum
USD 75K
No lock-in
Up Market
+70.2%
vs S&P 61.4%
Full Analysis Live PMS

Parag Parikh Global Investing Strategy (PPGIS)

PPFAS Alternate Asset Managers IFSC Pvt. Ltd. · FDM2025FMR0814 · Inception: Aug 27, 2025
The PPFAS value-investing philosophy applied globally — 15–25 quality businesses across the US and Europe, no index constraint, margin-of-safety discipline. Excludes India. Discretionary PMS (USD 75K, 2% fee, PPFAS manages) or Advisory PMS (USD 200K, investor executes). Custodian: Interactive Brokers.
Read Full Analysis →
Min. (Discretionary)
USD 75K
Advisory: USD 200K
Analysis Coming PMS

UNIFI Capital G20 Strategy

UNIFI Capital (IFSC) · Outbound · G20 country equities
Equity portfolio spanning G20 countries. USD 25,000 minimum — one of the lowest entry points for GIFT City PMS. Enquire with Tequity for current status and documentation.
Enquire with Tequity →
Minimum
USD 25K
Approx. — verify
Full Analysis Live PMS ETF-Based

Phillip International Pioneer Portfolio

Phillip Ventures IFSC Pvt. Ltd. · IFSCA/FME/IV/2023-24/019 · Inception: Dec 31, 2021
Multi-region, multi-sector ETF-based global PMS. Oldest outbound PMS at GIFT City — 3.5+ years of live data. +33.52% absolute USD since inception vs benchmark +31.26%. Themes: Semiconductors, Uranium, Infrastructure, Water, Cloud Computing. Advisory service available from USD 25,000.
Read Full Analysis →
PMS Minimum
USD 75K
Advisory: USD 25K
Since Inception (USD)
+33.52%
vs benchmark +31.26%

PMS taxation for residents: Unlike mutual funds, each PMS transaction creates a taxable event in the investor's hands. LTCG (above 24 months) at 12.5% + surcharge. STCG (below 24 months) at applicable slab rate (max 30%) + surcharge. PMS manager provides trade statements; you file via ITR. 20% TCS on LRS remittances above INR 10 lakh — refundable via ITR. 18% GST applies to management and performance fees. Always consult your CA before investing.

💬