Key Benefits Of Investing In Mutual Funds As An NRI

The Indian mutual fund (MF) industry is growing and as an NRI, you should also enjoy a slice of the action and grow your wealth. Here are some reasons why.

Good return potential

With the Indian markets growing steadily and the economy on an increasing trend, there is a high return potential for NRI investors.

Portfolio diversification

Investing in Indian mutual funds allows NRIs to diversify their financial portfolios across geographies for risk mitigation.

Tax advantage

Long-term capital gains from equity funds, exceeding Rs 1 lakh, are taxed at 10%, a lower tax rate for NRIs who usually pay higher taxes abroad.

Easy investments

NRIs can invest and manage your mutual funds from their domiciliary country. This makes for convenient investments.

Easy repatriation

With an NRE bank account, NRIs can easily repatriate the returns earned from their mutual fund investments, without limits.

These factors make MFs popular and IDFC FIRST Bank offers a digital NRI account opening process with tailored banking solutions for easy investments.