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

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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

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