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.

Manoj Negi

· 12,377 views

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.

Manoj Negi

· 4,708 views

Top Reasons why FDs are a Must in your Portfolio

 One of the most popular financial products that most banks provide to their clients is the fixed deposit or FD. Because it is safer than equity investments, it is a preferred type of investment. And before you invest any money, you already know the returns. If you want to minimize your risk, it is a secure investment. Additionally, it can assist you in achieving your long-term financial goals, such as retirement planning, home ownership, and paying for a child's education. This article is about the top reasons why FDs are a must in your portfolio.

Aruna Luthra

· 6,538 views

Are there any Indian Banks in Japan

 There are currently over 40,000 Indians living in Japan as Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs). They can avail a wide range of banking and investment services provided by Indian banks, online and at branches. While non-residents can avail NRI banking services online from all leading Indian banks, some banks also have physical presence in Japan. Listed below are two Indian Banks in Japan, operating through their physical branches.

Manoj Negi

· 8,211 views

The Battle Between SIP and Luxury

 Customers are delaying buying luxury cars because they want to keep investing through systematic investment plans, according to Santosh Iyer, who will take over as the CEO and MD of Mercedes-Benz India in January, in an interview with The Times of India. SIPs are a common approach to investing in mutual funds (MFs), particularly equity MFs. Iyer wants to make the point that instead of purchasing pricey cars, people prefer to keep investing in MFs through SIPs. The SIPs are “our rivals”, according to Iyer.

Aruna Luthra

· 5,640 views

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