NRI investments in mutual funds in India and Foreign Account Tax Compliance Act (FATCA) effects thereof The Indian economy is considered a very lucrative option for investments by the NRIs. Despite the obvious geographical and taxation difference, most NRIs prefer to invest back in their home country. This could be because for various reasons like […]
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NRIs would loosely stand for non-resident Indians. In other words, those individuals who have left the country say for some reason. By definition, an NRI would be an Indian citizen who:
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India has a fast-growing economy and that puts the Indian financial market in a peculiar position. It allows the investors to enjoy exponential growth opportunities while providing financial aid to those needy at affordable rates. Against this backdrop, mutual funds have managed to attract a vast number of investors; mainly because of their systematic investment
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Mutual funds have emerged as one of the most popular asset classes among investors looking to build wealth for essential life goals. In 10 years, assets under management of the Indian mutual fund the industry witnessed a three-fold increase, growing to Rs. 23.93 trillion as of April 30, 2020, from Rs. 8.09 trillion on April
3Ss of Mutual Funds – SIP, SWP, and STP Read More »
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