How to invest in US Mutual Funds directly from India?

Personal finance
1

I don’t have a demat account in India.

I would need some guidance on how to invest in US mutual funds directly.

Can I invest in US ETFs without Demat account in India?

If I invest INR ₹1000 in any US mutual fund, how much gets invested in the fund (India and US taxes,other fees,etc.) ?

If I redeem, what are the taxes (US and India) and what has to be filed assuming Net Income is ₹0 or under taxable income ?

1 Like
2

Tax is based on residence. Where have you lived last year?

3

India

4
1 Like
5

Thanks for the link and seems to be a playlist with more information on investing.

6

Your questions seems very interesting, I would request you to share your thoughts and understandings about what you have grabbed in this youtube playlist.

7

I request you to watch the video. It talks about various tax structures implemented when redeeming our investments