India is one of the fastest growing economies in the world and hence even NRIs are interested to invest here through mutual funds. Unfortunately most mutual fund houses in India do not accept investments from people based in USA or Canada. This is because Foreign Account Tax Compliance Act (FATCA) enacted by USA. According to […]
8 Mutual Funds that accept Investment from Canada/USA based NRIs Read More »
If you are an existing Mutual Fund investor, you might already have received communication about additional KYC (Know Your Customer) and FATCA declaration that need to be completed by December 31, 2015. The post explains why and how you can complete this additional KYC. Why additional KYC for existing investors? KYC has become a pain
Mutual Fund Investors – Do FATCA Declaration and Additional KYC Online Read More »
You might know about Growth and Dividend option while investing in mutual fund but very few of us are aware of the “Bonus” option offered by mutual funds. In this post I have written about what bonus options of mutual funds mean and how it can be used to save taxes! What is Bonus option? We take example
In this post we cover the major Personal Finance news that happened in the week of July 28 – Aug 3, 2014. The one in quotes are our views! New KYC for Mutual Fund Investors Mutual Fund investors have to do a fresh KYC (Know Your Customer) in compliance of SEBI orders in December 2013. The
Personal Finance News & Reviews – Week of July 28 – Aug 3, 2014 Read More »
In this post we cover the major Personal Finance news that happened in the week of July 21 – 27, 2014. The one in quotes are our views! Plan to Roll 1 Year FMPs to 3 years Due to the recent change in taxation of FMPs, Mutual Fund Companies are offering investors to roll the 1
Personal Finance News & Reviews – Week of July 21 – 27, 2014 Read More »
