| Author | Message | ||
     Rajusk Junior Artist Username: Rajusk Post Number: 600 Registered: 02-2008 Posted From: 66.93.90.250 Rating: N/A |
If NRI's living in the US invest in the Indian Mutual Fund market, they invite the PFIC rules for IRS taxation purpose. So if you state to the IRS that you invest in Mutual Funds in India, then you would loose more than you gain. You can invest in Indian stocks using PMS. I think the minimum balance required here is 25 lacs. But again, this is not something that you can completely control by yourself as the broker manages the money for you. The safest route is having Mutual Funds in your parents name and having you as nominee. Do not get into buying ULIPs. Nenu already chethulu konchem kalchukonnanu. It does not make economic sense to get into ULIPs. If you have more questions or doubts, feel free to ask me. www.ValueResearchOnline.com is the best free analytical tool for picking the right funds. | ||
| Chirumahishriya Junior Artist Username: Chirumahishriya Post Number: 19 Registered: 12-2006 Posted From: 72.89.233.41 Rating: N/A |
That may give us an idea  | ||
| Chirumahishriya Junior Artist Username: Chirumahishriya Post Number: 18 Registered: 12-2006 Posted From: 72.89.233.41 Rating: N/A |
In my first post.I said I'm not too sure about this..because..in the below link: http://www.valueresearchonline.com/story/h2_storyView.asp?st r=10928 it's mentioned that NRIs can invest in Mutual Funds... I sent an email to Value Research asking for clarification about this -- they replied once...but it wasn't clear.... So..I do not really know..if we, NRIs in USA, can invest in Mutual Funds in India or not  | ||
| Chirumahishriya Junior Artist Username: Chirumahishriya Post Number: 17 Registered: 12-2006 Posted From: 72.89.233.41 Rating: N/A |
https://www.online.citibank.co.in/portal/newgen/seo/nri/rca- chatinteg.htm?site=PORTAL&creative=NGR§ion=rcatop&agency Code=XER&campaignCode=RCAO&productCode=RCA&eOfferCode=rcatop Please check the section "Many Needs, One Account"...it says *Investments in India via the Rupee Checking Account is not applicable for customers residing in U.S.A., and Investments in India via Citibank Online is not applicable for customers residing in Canada & Australia. | ||
| Jalsa Junior Artist Username: Jalsa Post Number: 185 Registered: 02-2008 Posted From: 69.115.255.167 Rating: N/A |
http://www.reliancemutual.com/NRICentre/Default.aspx?ReportI D=196B65A7-46FA-460D-A247-D7FA9E21608B veedu NRIs can invest annnadu gaani NRIs in USA analedhu. Sometime back i checked RBI website, that said NRIs can invest in Mutual funds but investing in stocks requires some permission. Will contact Reliance now. | ||
| Cool_indian Junior Artist Username: Cool_indian Post Number: 188 Registered: 02-2008 Posted From: 24.60.14.252 Rating: N/A |
CMS babai...I took quotes and info about investing in ICICI and Reliance.Though i did not start investing, i went and met reps in both ICICI and Reliance.NRI's can invest. www.reliancemutual.com (There is a NRI section in this) www.iciciprulife.com (There is an NRI corner in this as well) Though i did not invest but i was told we can invest.I have the application forms for both of the above mutual funds. | ||
| Chirumahishriya Junior Artist Username: Chirumahishriya Post Number: 16 Registered: 12-2006 Posted From: 72.89.233.41 Rating: N/A |
mama..an NRI (staying in USA) can invest in ULIPs...but not in Mutual Funds. I was clearly told this by the ICICI Executive and also Citi Bank Executive ..when I visited their branches in February. NRIs in other countries..for example UK...can invest in Mutual Funds...and ULIPs...without any hurdles... | ||
| Cool_indian Junior Artist Username: Cool_indian Post Number: 187 Registered: 02-2008 Posted From: 24.60.14.252 Rating: N/A |
India lo NRI's kooda invest cheyyochu..there is a limit though.When i last went to India, i talked to ICICI and Reliance.The funds are too good now.Reliance is the biggest fund.Links emaina kavalante cheppu babai | ||
| Subzero Junior Artist Username: Subzero Post Number: 355 Registered: 04-2008 Posted From: 203.129.207.168 Rating: N/A |
eppudainaa ammeyochu. kani shares laaga kaadu. long term perspective tho cheyyaale transactions. idi choodu. http://www.fundsavvy.com/mutual_funds_articles/mutual-funds. htm సర్వ దేవాత్మకో హ్యేస తేజస్వీ రశ్మీభావనాః ఎస దేవాసుర గణమ్ లోకాం పాతి గభాస్తీభీః | ||
| Razesh Side Hero Username: Razesh Post Number: 9123 Registered: 12-2006 Posted From: 202.153.41.36 Rating: N/A |
asalu Mutual funds ante enti mama....Shares laaga eppudaina ammeyyochaa...roju peruguthuntaaya | ||
| Jalsa Junior Artist Username: Jalsa Post Number: 176 Registered: 02-2008 Posted From: 69.115.255.167 Rating: N/A |
Rebel-- yep, mostly long term investments. CMS babai...thanks for the info...let me do some research. DB members aayudhaalu - Guruji ki guitar, Kish ki kalam, Indra ki noru, Cycles ki gas trucku, Kkd ki Biscuit, Mav ki Vaaksuddi, OT ki Faltruth, Savage ki Bala movies, A2J ki nijam, Gemini annai ki ETV paatalu, Skywalker ki kullu jokes, Tagore ki bhoothulu, Goonda/Razesh/J4F ki Moderation rights, NU ki Uniqueness certification, Bitter ki Minimum Guarantee, Pavala ki janalaki Bheja Fry cheyadam | ||
| Chirumahishriya Junior Artist Username: Chirumahishriya Post Number: 13 Registered: 12-2006 Posted From: 72.89.233.41 Rating: N/A |
If you want to analyze the Mutual Funds...I suggest you to browse through the following websites: www.valueresearchonline.com www.moneycontrol.com www.personalfn.com the personal finance section in GetAhead section of www.rediff.com the money section on www.rediff.com www.amfiindia.com You may have to dedicate some good amount of time regularly (typically 4-5 hours a week)...to analyze or understand the Mutual Funds... any furthur info...message me | ||
| Chirumahishriya Junior Artist Username: Chirumahishriya Post Number: 12 Registered: 12-2006 Posted From: 72.89.233.41 Rating: N/A |
Well...your parents can do the investments in INDIA.if you want.. Yeah...As far as I know NRIs can not invest in Mutual Funds (I am not very clear about this....I heard different things about this). If you're interested to invest in the Indian Mutual Funds...I suggest the following: 1. DO NOT RUSH....Play the investment game with patience... 2. Analyze the mutual funds....this may take a few months (typically 2-3 months) 3. Select the Mutual Funds that you may want to invest in 4. Start investing in a systematic way (SIPs)....Lumpsum investments may not be the best approach... | ||
| Rebel Junior Artist Username: Rebel Post Number: 892 Registered: 02-2008 Posted From: 151.151.21.103 Rating: N/A |
do you have brokerage account ? what's ur risk level..10 - 20% down aina kangaru padakunda undagalava ? | ||
| Jalsa Junior Artist Username: Jalsa Post Number: 175 Registered: 02-2008 Posted From: 69.115.255.167 Rating: N/A |
NRIs invest cheyaleru anukunta kadha India lo? or is it only limited to Stocks? ee difficult times lo US lo antey koncham risk emo kadha DB members aayudhaalu - Guruji ki guitar, Kish ki kalam, Indra ki noru, Cycles ki gas trucku, Kkd ki Biscuit, Mav ki Vaaksuddi, OT ki Faltruth, Savage ki Bala movies, A2J ki nijam, Gemini annai ki ETV paatalu, Skywalker ki kullu jokes, Tagore ki bhoothulu, Goonda/Razesh/J4F ki Moderation rights, NU ki Uniqueness certification, Bitter ki Minimum Guarantee, Pavala ki janalaki Bheja Fry cheyadam | ||
| Chirumahishriya Junior Artist Username: Chirumahishriya Post Number: 11 Registered: 12-2006 Posted From: 72.89.233.41 Rating: N/A |
ekkada? IndialO naa? or USA lOnaa? if you're asking about how to invest in Mutual Funds in India..I can help | ||
| Jalsa Junior Artist Username: Jalsa Post Number: 174 Registered: 02-2008 Posted From: 69.115.255.167 Rating: N/A |
Ikkada mutual funds lo ela invest cheyaali? i mean how to choose a good fund? Koncham info ivvandi. DB members aayudhaalu - Guruji ki guitar, Kish ki kalam, Indra ki noru, Cycles ki gas trucku, Kkd ki Biscuit, Mav ki Vaaksuddi, OT ki Faltruth, Savage ki Bala movies, A2J ki nijam, Gemini annai ki ETV paatalu, Skywalker ki kullu jokes, Tagore ki bhoothulu, Goonda/Razesh/J4F ki Moderation rights, NU ki Uniqueness certification, Bitter ki Minimum Guarantee, Pavala ki janalaki Bheja Fry cheyadam |
