Tuesday 23 February 2016

How to invest in Indian Mutual fund schemes if you are a NRI(Non Residential Indian)

How to invest in Indian Mutual fund schemes if you are a NRI(Non Residential Indian)  having a NRI account and PAN (permanent account number).

If you are a NRI and having a NRI account with Indian bank and have PAN card, you can easily invest in Indian Mutual fund schemes ,first you have to be cvl kra verified.one can go to  www.cvlkra.com  and enter PAN and easily know his/her status, if you are not cvlkra verified you don’t have to worry, you can download the individual form and submit to one of the brokers in India.Once you are Cvl kra registered you can go to any of the Mutual fund sites or www.camsonline.com and www.karvymfs.com sites and invest online in the schemes you want to invest.

How one should know about the performances of the Mutual Fund schemes?

If you want to know the performances of the Indian Mutual fund schemes visit the site www.valueresearchonline.com, you can compare the fund according to the investment strategy, or the segment, for example mid cap ,small cap ,multi cap ,tax savers ,balanced funds ,debt fund and liquid funds.It has been suggested to invest in the funds if its consistent in Its performance over a long term ,look at the returns for 5 years ,3 years and 1 year. Try to diversify your portfolio and invest according to your risk taking abilities and your personal goals .If your disposable income is high and want to be invested for long time go for equity funds, diversify your portfolio with the mix of debt and equity ,diversify your portfolio in  equity with mix of large Caps ,multi caps ,mid caps and small cap fund,always do some research about the schemes performances and returns by yourself,  best way to go for Mutual fund Investment is thought systematic Investment plan (SIP).

For any queries mark a mail to manoj.mondal016@gmail.com.