|
|
|
|
|
|
by nsenifty
1178 days ago
|
|
|
If you are based in the US and directly invest in mutual funds in India, keep in mind the US taxes it in extremely unfavorable terms via PFIC[0]. I browsed through their website and it appears their tax guidance is only for Indian taxation, which is fair but something to keep in mind. If you have to deal with US taxes, I would highly avoid holding mutual funds abroad, and just buy US-based India-focused funds. [0] https://creativeplanning.com/international/insights/american... |
|
|