NRI investment in mutual funds- NRI video
NRI (non-resident Indians’) investors, are increasingly diverting themselves towards investment in the Indian market. They can choose to directly invest in stocks, provided they have the required expertise in it. However, tapping onto investments into mutual funds offers them a more cost-effective solution. NRI can invest in Mutual funds, as long as they comply with Foreign Exchange Management Act (FEMA). An NRI YouTube channel video can perfectly guide the respective investors on various aspects of investment in Mutual funds in India. For instance, one can learn about Tax rates for NRI investors through various NRI videos available on YouTube. Tax rates are quite similar for Indian and NRI investors. But they differ in terms of redemption of mutual funds. NRI investments are subject to TDS when redeemed. The TDS for long-term capital gains from equity amounts to 10%, and it is up to 20% for all debt-oriented hybrid schemes and funds. Benefits for NRI investors Why should a