Since recent FATCA act – Foreign Account Tax Compliance Act – there is some kind of confusion among NRI investors.Here we have taken a view of investments made by NRIs in mutual funds.Here are some frequently asked questions about NRI investments. KYC Norms for NRI : KYC norms are similar to other resident Indian investors….
Objectives to invest in mutual funds:
After writing more than 165 posts on Mutual funds, here we are returning to basics: What are mutual funds & objectives to invest in funds. Any one who knows mutual funds can have its own definition.Mutual fund can be defined as a pool of money created by individuals having Common Objective & same is managed…
Invest In NIFTY 100 Stocks Through LIC Nomura MF NIFTY100 ETF:
ETFs – Exchange Traded funds are great low cost options compared to mutual funds.Investor can invest in bunch of stocks through representing ETF.Such as if you want to invest in stocks representing SENSEX or NIFTY then you can invest in SENSEX or NIFTY ETF rather than index funds. LIC Nomura MF has come up with…