Rs. 10K SIP in These Funds Has Generated up to Rs. 8.9 cr Returns

Mutual funds are an ideal option for long-term wealth creation. In India, there are more than 235 equity diversified mutual fund schemes, including 31 schemes that have completed 25 years. Here are top 25-year old equity diversified mutual fund schemes that have delivered stellar returns. Systematic investment plans (SIPs) in these funds have multiplied investors’ money by up to 28 times over the last 25 years. Non-Resident Indians looking to create wealth through NRI mutual funds need to add some of these funds to their portfolio.

US Tax on Indian Mutual Funds

Non-Resident Indians or NRIs can invest in mutual funds in India via an NRE or NRO account at any bank in India. However, only few fund houses allow mutual fund investment online from NRIs based out of the US and Canada, while some others accept investment in an offline mode with a declaration the investor was present in India at the time of his/ her first investment. Capital gains from investment in Indian mutual funds is taxed in the US. Rules with regard to US tax on Indian mutual funds are complex.

Top 5 Equity Mutual Funds in India that Delivered Highest Returns in last 5 Years

A mutual fund is one of the best investment options for wealth creation as well as portfolio diversification. Since there are thousands of mutual fund schemes in India, selecting top mutual funds that you can invest in to earn considerable returns is not an easy task and requires due diligence. We have curated a list of top 5 equity mutual funds in India that have consistently outperformed the rest over years. NRIs looking to earn high returns in India in 2022 can add these funds in their portfolio.

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