NRIs of USA and Canada can invest in..
There are certain restrictions imposed on USA and Canada based NRI. They are allowed to invest in mutual funds schemes of specific fund house only. This limitation is due to strict FATCA compliance rules. The fund house that allows investment from USA and Canada based NRI is given below.
- Birla Sun Life Mutual Fund
- SBI Mutual Fund
- UTI Mutual Fund
- ICICI Prudential Mutual Fund
- DHFL Pramerica Mutual Fund
- L&T Mutual Fund
- PPFAS Mutual Fund
- Sundaram Mutual Fund
NRI are allowed to invest in all types of mutual funds scheme including equity, debt, balance.
Tax liability on mutual funds is same as that of a resident. Both long term and short term capital gain tax are applicable to mutual fund.
YOU CAN ALSO VISIT http://www.fundaquity.com/nri-investments
There are certain restrictions imposed on USA and Canada based NRI. They are allowed to invest in mutual funds schemes of specific fund house only. This limitation is due to strict FATCA compliance rules. The fund house that allows investment from USA and Canada based NRI is given below.
- Birla Sun Life Mutual Fund
- SBI Mutual Fund
- UTI Mutual Fund
- ICICI Prudential Mutual Fund
- DHFL Pramerica Mutual Fund
- L&T Mutual Fund
- PPFAS Mutual Fund
- Sundaram Mutual Fund
NRI are allowed to invest in all types of mutual funds scheme including equity, debt, balance.
Tax liability on mutual funds is same as that of a resident. Both long term and short term capital gain tax are applicable to mutual fund.
YOU CAN ALSO VISIT http://www.fundaquity.com/nri-investments
YOU CAN ALSO VISIT http://www.fundaquity.com/nri-investments
