Download Mutual Fund Application Forms
Foreign Currency Non-Resident (FCNR) accounts
The FCNR balance lagged NRE's, another reason to free its rate. It offers only term deposits of one to five years. The money put here can be held and withdrawn in foreign currency, involving zero currency risk.
On dollar and euro-denominated deposits, FCNR accounts earn between three and four per cent, depending on the term. Similarly, on pound-denominated deposits, it pays four-five per cent.
Principal and interest earned on FCNR is freely repatriable. Interest is tax free in India but can be taxed in the resident country, depending on applicable tax norms. Loans up to ~100 lakh can be extended against funds in an FCNR.
---------------------------------------------
Invest Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs
Download Mutual Fund Application Forms
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
0 comments:
Post a Comment