India has turned into a splendid investment destination for Non Resident Indians and persons of Indian origin. A growing & robust economy, a strong Rupee and profitable companies have together ensured that investors get maximum returns from both equity and debt markets. A highly transparent and automated stock exchange and a resonant mutual fund industry have ensured that investments are liquid and transparent. Taking advantage of this environment and our proven experience in the market. We monitor the performance and progress of portfolio on continuous basis and refine strategy if required and carry out portfolio rebalancing. We provide regular update of the portfolio to the investor.Investment in stocks and mutual funds is subject to market risks. Investors should read the offer documents carefully and consult their investment advisor before investing.
Who is considered a Non Resident Indian
However, the qualification as NRI under the Indian tax laws will be determined on the basis of her residential status, which is dependent on the physical presence of an individual in India during the relevant FY and last 10 FYs. An individual qualifies as a resident of India if she satisfies any one of the following basic conditions: stay in India during the FY is 182 days or more, or stay in India during the FY is 60 days or more, and in the 4 years immediately preceding the FY is 365 days or more.