All about Wealth Creation, Wealth Protection. Creating your Path to Prosperity!!

Yes, NRIs based out of US and Canada can invest in Indian mutual funds. However, AMCs do not have a uniform policy to deal with US and Canadian clients. Currently, close to 14 fund houses receive investment from investors based out of these two countries and another five AMCs receive investment only from US. Broadly, there are two categories of fund houses here - where investors are not required to physically present in India and vice versa. Here is the list of fund houses where investors are not required to be physically present in India: Aditya Birla Sun Life Mutual Fund Nippon India Mutual Fund Quant Mutual Fund Sundaram Mutual UTI Mutual Fund Interestingly, these fund houses allow such NRIs to invest in their MF schemes without any restriction that too through online transaction. Let us look at the fund houses which insist NRIs to be physically present in India: 360 One Mutual Fund Axis Mutual Fund DSP Mutual Fund (Only lumpsum) ITI Mutual Fund (Only lumpsum) Kotak Mutu...

The Ramayana, an epic woven with dharma, duty, and love, doesn't just sing of divine battles; it whispers financial wisdom too. By stepping into Lord Rama's sandals, we can learn to navigate the intricate jungle of our finances and emerge victorious, just like he conquered Lanka. 1. Planning: The Bridge to Your Goals: Lord Rama's life initially echoed a secure future, destined for kingship. But fate threw him a curveball with a 14-year exile. Yet, even in the wilderness, Lord Rama remained resourceful. Remember Lord Rama's meticulous preparations for battle? He forged alliances, trained tirelessly, and strategized every move. This teaches us the value of financial planning. Set clear goals, map out a budget, and research investment options. Every rupee saved and wisely invested is a sturdy plank on your bridge to financial freedom. 2. Strategic Alliances: Building Your Monkey Army of Support: Remember Lord Rama's alliances with Sugriva and Lord Hanuman? Just like he...