What is FATCA declaration and how to do it?

 FATCA refers to Foreign Account Tax Compliance Act. It is a way of confirming by Mutual Fund to ensure that you are paying taxes only in India and not in any other country. What is FATCA FATCA was an act passed by the USA in the year 2010. As a person living in the...

How are mutual funds regulated in India?

Mutual Funds in India are a well regulated and professionally managed set up who follow rules and regulations by SEBI. Who regulates Mutual Funds in India? Mutual Funds dates their origin to the year 1963 when First Mutual Fund UTI was set up in India. It has come a...

How is a Mutual Fund set up in India?

Mutual Fund is a professionally managed asset which is handled by an asset management company, it includes money from a group of individuals, and invested in assets as mandated by the fund. It is set up in a Multi-tiered structure with sufficient regulatory...