Advantages of Investments in Indian Mutual Funds
India being the Global Investments Destination having a strong economy ahead Investments in Mutual Fund provides golden opportunity to NRI investors.
Indian equity funds have not only performed in INR but also US$/GBP terms too inspite of substantial depreciation of INR.
Mutual Funds in India being promoted by International funds, Public & Private Sector Banks & leading corporate House are becoming first choice for equity participation by resident as also NRI investors. The government is playing its own part of an Encouraging Patron by offering various tax exemptions and lower taxes to investments in MF schemes. The topping on excellent MF gains is total tax exemption of dividend income and lower tax of 10% only on Long Term Gains i.e Gains after holding of more than 1 year.