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  • Re: Need more education!

    Like the way you are thinking Rachna. This topic actually is lot more complex then it looks at surface. Just a few key points which really impact the dynamics in relationship and actual scenarios- * How is the money managed in general in the house/marriage. Is it my money/your money or Our money. * Who is the controlling party for the major ...
    Posted to Women (Forum) by rupali on 08-28-2007
  • Re: REITs in India

    No Sir, No REITs available in India yet. (There are proposals in front of SEBI) 2 possible substitutes - * Direct stocks of Real Estate Developers like DLF. * Infrastructure Mutual Funds. (UTI Infrastructure & Pru ICICI Infrastructure are 2 of the popular ones)   Regards, Rupali
    Posted to NRIs (Forum) by rupali on 08-28-2007
  • Re: How to invest in MutualFunds

    Pooja,  You should be looking at Diversified Equity Funds or Equity Oriented Hybrid funds. Stick to ***** funds (Check the MF comparison tool ;-). Some of the most popular ones are -   Reliance Growth Fund HDFC Equity Fund Magnum Contra Fund HDFC Prudence (Hybrid) Magnum Balanced (Hybrid) If your time horizon is long (>3 years ...
    Posted to Single and Working (Forum) by rupali on 07-22-2007
  • Re: Real Estate Investment

    Yes for property owned in India by NRI when sold, proceeds can be taken to coutry of residence based on certain limitations. * If property was purchased using foreign amount it is simpler, if not limits and approach are slightly different. * It is taxable in India. If property is held for > 36 month it is long term capital gain (@20%). You ...
    Posted to NRIs (Forum) by rupali on 07-12-2007
  • Re: tax question on dividend

    Taxation of dividends of mutual fund schemes Category Tax rates for   Individuals Corporates Liquid funds 28.3% 28.30% Other debt funds 14.20% 22.70% Equity funds Nil Nil (Surcharge rate and cess have been factored in.)     Rules are same for NRIs. Indian taxation is favourable, its the US taxation ...
    Posted to NRIs (Forum) by rupali on 06-27-2007
  • Re: ETF

    Not too many there are some Index ETFs and Gold ETFs. PruICICI SPiCE is sensex based ETF. http://www.chennaionline.com/finance/Mutual-Funds/news031.asp UTI and Kotak have Gold ETFs on offer. -Rupali
    Posted to NRIs (Forum) by rupali on 06-25-2007
  • Re: Investing in India

    ULIPs (Unit Linked Insurance Plans) are a possible way for NRIs to gain exposure to Indian market. Their expenses are higher compared to Mutual Funds but being insurance plans they avoid some of the PFIC issues.  http://in.biz.yahoo.com/nri/nri7.html   -Rupali
    Posted to NRIs (Forum) by rupali on 06-25-2007
  • Re: Demat Account

    NRIs can open Demat accounts. NRIs from middle east can do online trading through icicidirect.com as well. Here is information about opening a Demat a/c for a resident - http://www.idbibank.com/products/demataccount.asp Special conditions for NRIs - http://www.idbibank.com/products/demataccount_nrispecialconditions.asp ----------RBI permission ...
    Posted to NRIs (Forum) by rupali on 06-25-2007
  • Re: Investing in India

    A research paper can definitely be written on this topic if not a book. I'll try to summarize the options and based on your response we could possibly go into more details. I'm assuming that you want to invest in Indian Equity Market and are willing to take the risk which comes with equity investments. * You could invest in India based ...
    Posted to NRIs (Forum) by rupali on 06-25-2007
Page 1 of 1 (9 items)
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