mutual funds in India

[Pandubabu]

anyone investing in mutual funds in India ? 

[Joker_007]

enduku kaaka pogottukovadinika.. 

[phatposts]

MF fees in India are very high, no? Also NRIs ki MFs lo invest cheyyakoodadu ani edo undi anta. Check if that applies to you

[Tellugodu]

18 hours ago, Pandubabu said:

anyone investing in mutual funds in India ? 

One way you can invest in indian MF is by opening 3 in 1 account on your parents name (mom would be best as they don’t have any taxed income). Use her/their account via online brokerages to invest in MF’s. small cap/mid caps have given astronomical returns over past few years. Expense ratios might be higher end for actively managed funds but so does the returns. 
 

[Konebhar6]

2 hours ago, phatposts said:

MF fees in India are very high, no? Also NRIs ki MFs lo invest cheyyakoodadu ani edo undi anta. Check if that applies to you

Edo NON-PINS ane account option untundi ICICI lo. They let you buy with it.

But its getting difficult to manage these even if you have acccount with your parents name. Every 3 months you have to do KYC with proof and documents attached to your Digi locker. Its a long process. 

[Pandubabu]

4 hours ago, Joker_007 said:

enduku kaaka pogottukovadinika.. 

not for me uncle , for my brother , long horizon 

[Armanii]

NRIs can invest in mutual funds in India via NRE and NRO accounts. They can invest directly using these accounts or by granting the power of attorney to a trustworthy person, who can invest on their behalf.

[jalsa01]

22 hours ago, Pandubabu said:

anyone investing in mutual funds in India ? 

I investing directly.. safe side ante parents acc lo invest chesi nominee ga ne name pettuko.. my current portfolio return is around 22%

[Tellugodu]

28 minutes ago, jalsa01 said:

I investing directly.. safe side ante parents acc lo invest chesi nominee ga ne name pettuko.. my current portfolio return is around 22%

In which fund you are investing bro? 

[Armanii]

38 minutes ago, jalsa01 said:

I investing directly.. safe side ante parents acc lo invest chesi nominee ga ne name pettuko.. my current portfolio return is around 22%

Share funds u invested bro 

[jalsa01]

37 minutes ago, Tellugodu said:

In which fund you are investing bro? 

 

27 minutes ago, Armanii said:

Share funds u invested bro 

Mirae asset emerging large n mid cap

Axis growth

Quant small cap

Pgim mid cap

 

 

[Mylargadda]

1 hour ago, jalsa01 said:

I investing directly.. safe side ante parents acc lo invest chesi nominee ga ne name pettuko.. my current portfolio return is around 22%

How are you filing taxes ? Foreign Mutual funds ke irs tax reporting cheyali anta even if you dont sell it.

[jalsa01]

1 minute ago, Mylargadda said:

How are you filing taxes ? Foreign Mutual funds ke irs tax reporting cheyali anta even if you dont sell it.

Father  ACC dmat nominee nenu.. initial ga wife ACC under later e issues unnai ani close chesi started investigating that way 

[Tellugodu]

7 minutes ago, jalsa01 said:

Father  ACC dmat nominee nenu.. initial ga wife ACC under later e issues unnai ani close chesi started investigating that way 

Do you do stocks as well? Or only MF’s ? Which platform you use ?

[jalsa01]

3 minutes ago, Tellugodu said:

Do you do stocks as well? Or only MF’s ? Which platform you use ?

Lost heavily in stocks.. so only mf for now using groww