NRI mutual fund taxation Investment procedure

Certainly, NRI mutual fund taxation is activated in mutual funds in India – as long as they attach to the Foreign Exchange Management Act (FEMA). A mutual fund in your home country can give you a diversified job with the desired mix of debt and equity securities. Even if you are careful and cautious and want a fixed income investment method, the Indian debt market comes with higher interest rates. [...]

By |2020-02-01T10:45:18+00:00August 1st, 2019|Investment, Uncategorized|0 Comments

Exit Load in Mutual Funds : Meaning & How to Calculate it

A mutual fund is a joint pool of investments brought from different investors. It requires a team of financial experts to maintain and produce returns. So, it is but obvious that the service comes at a fee. Exit Load is the fee that is levied on the investors.  What is an Exit Load? An exit load refers to the fee that the Asset Management Companies (AMC) charge the investor at [...]

By |2020-02-01T10:53:10+00:00July 27th, 2019|Uncategorized|0 Comments