Is there a limit on how much I can invest in Motilal Oswal NASDAQ 100 Exchange Traded Fund under LRS? Does it come under LRS as I am basically paying an Indian company (Motilal Oswal). Do I have to report such investment in income tax filling under LRS ? @Quicko
It’s an Indian ETF. You can buy how much ever you want. No LRS etc
When you sell the ETF, you need to report the income or loss in that financial year. It should be reported as a Capital Gains Income.