NRI Mutual Fund Taxation Guide
Complete tax guide for Non-Resident Indians investing in Indian mutual funds — US, Canada, Europe, UAE & more. Understand TDS, DTAA, PFIC, and repatriation rules for FY 2025-26.
What You Will Find in This Guide
NRI Investment in Indian Mutual Funds — Basics
Yes, NRIs can invest in Indian mutual funds. The Securities and Exchange Board of India (SEBI) permits Non-Resident Indians and Persons of Indian Origin (PIOs) to invest in mutual fund schemes in India, subject to certain conditions and compliance requirements.
However, NRI mutual fund investment is not as straightforward as it is for resident Indians. There are KYC requirements, account restrictions, AMC-level limitations, and importantly, different taxation rules that every NRI investor must understand before deploying capital.
KYC with NRI Status
NRIs must complete KYC specifically with NRI status (not as a resident Indian). This requires passport copy, overseas address proof, and PAN card. CKYC or KRA registration is mandatory.
NRE / NRO Account Required
Investments must be routed through an NRE (Non-Resident External) or NRO (Non-Resident Ordinary) bank account held with an Indian bank. Direct overseas bank transfers are not permitted.
FATCA Compliance
Some AMCs do not accept investments from NRIs in the US or Canada due to FATCA (Foreign Account Tax Compliance Act) reporting burden. Always verify AMC acceptance before investing.
Power of Attorney
NRIs can appoint a resident Indian as their Power of Attorney (PoA) holder to manage mutual fund transactions on their behalf — useful for NRIs who cannot handle paperwork remotely.
Repatriation Rules
NRE Account: Investments made from NRE accounts are fully repatriable. Both principal and gains can be transferred abroad without any limit, making NRE the preferred route for most NRI investors.
NRO Account: Investments from NRO accounts have a repatriation limit of up to USD 1 million per financial year (as per RBI's Liberalised Remittance Scheme). A Chartered Accountant's certificate (Form 15CA/15CB) is required for repatriation.
TDS for NRIs — The Key Difference
The single most important distinction between resident and NRI mutual fund taxation is TDS (Tax Deducted at Source). For resident Indians, there is no TDS on mutual fund redemptions — they self-assess and pay tax when filing ITR. For NRIs, the AMC mandatorily deducts TDS at the time of redemption, before crediting the proceeds to your bank account.
This means NRIs receive a lower redemption amount upfront. The TDS can be claimed as a credit when filing the Indian Income Tax Return, and any excess TDS can be claimed as a refund.
NRI TDS Rates on Mutual Fund Redemption — FY 2025-26
| Category | Equity STCG | Equity LTCG | Debt Funds |
|---|---|---|---|
| Holding Period | < 12 months | ≥ 12 months | Any period |
| TDS Rate | 20% | 12.5% | 30% (or slab rate) |
| Exemption Limit | None | ₹1.25 lakh per FY | None |
| Surcharge | Applicable based on total Indian income — 10% (above ₹50L), 15% (above ₹1Cr), 25% (above ₹2Cr). Plus 4% Health & Education Cess on tax + surcharge. | ||
TDS Cannot Be Avoided
Unlike resident Indians, NRIs cannot submit Form 15G/15H to avoid TDS. TDS deduction is mandatory for all NRI mutual fund redemptions. The only way to reduce the TDS rate is to obtain a lower deduction certificate from the Income Tax officer under Section 197.
Claim Refund via ITR
If the TDS deducted exceeds your actual tax liability (e.g., gains are below the LTCG exemption threshold, or you have no other Indian income), you can file an Indian ITR and claim a refund. The refund is typically processed within 4-6 months of filing.
Tax Certificate from AMC
After each financial year, the AMC issues a TDS certificate (Form 16A) to the NRI investor. This document is essential for claiming foreign tax credit in your country of residence. Keep this certificate safely — your overseas tax advisor will need it to apply the DTAA provisions and avoid double taxation.
Practical Example: Equity Fund Redemption by NRI
Scenario: An NRI in the UAE invested ₹10,00,000 in an equity mutual fund 18 months ago. The current value is ₹13,50,000 — a gain of ₹3,50,000.
Tax Calculation: Since holding period > 12 months, this is LTCG. Exemption of ₹1,25,000 applies. Taxable LTCG = ₹3,50,000 − ₹1,25,000 = ₹2,25,000. Tax at 12.5% = ₹28,125. Plus 4% cess = ₹29,250.
TDS Deducted: The AMC deducts TDS at 12.5% on the entire gain of ₹3,50,000 = ₹43,750 + cess. The NRI receives ₹13,50,000 minus TDS. The excess TDS (₹43,750 vs ₹28,125 actual liability) can be claimed as refund by filing ITR in India.
US Citizens & Green Card Holders
Most Complex Jurisdiction for Indian MF Investment
US tax treatment of Indian mutual funds is by far the most complex of any country. Indian mutual funds are classified as PFICs (Passive Foreign Investment Companies) by the IRS, triggering punitive tax treatment. This section is critical reading for any US-based NRI considering Indian mutual fund investments.
FATCA Reporting
Under the Foreign Account Tax Compliance Act (FATCA), all Indian mutual fund houses are required to report details of US-person account holders to the IRS via the Indian tax authorities. This means the IRS has visibility into your Indian MF holdings regardless of whether you report them yourself.
Many Indian AMCs — including some of the largest fund houses — do not accept investments from US/Canada-based NRIs because of the compliance burden FATCA places on them. AMCs that do accept US NRIs include a limited set; always verify before initiating investment.
PFIC (Passive Foreign Investment Company) Classification
The IRS classifies Indian mutual funds as Passive Foreign Investment Companies (PFICs). A PFIC is any foreign corporation where (a) 75% or more of gross income is passive income, or (b) 50% or more of assets produce passive income. Indian mutual funds meet both criteria.
PFIC classification triggers one of the most punitive tax regimes in the US tax code. There are three methods to handle PFIC taxation, each with distinct trade-offs:
(a) Default "Excess Distribution" Method — Most Punitive
If you take no special election, the default PFIC rules apply. Under this method, when you sell your Indian mutual fund units or receive a distribution exceeding 125% of the average distributions from the prior 3 years, the gain is treated as an "excess distribution."
The excess distribution is allocated ratably over your entire holding period. The portion allocated to prior years is taxed at the highest marginal tax rate that was in effect for each of those years (currently 37%), plus an interest charge is added as if you had underpaid tax in those years. Only the portion allocated to the current year is taxed at your current ordinary income rate.
This can result in an effective tax rate exceeding 50-60% on your gains. It is widely considered the worst possible tax outcome.
(b) QEF (Qualified Electing Fund) Election — Rarely Available
A QEF election requires the foreign fund to provide an Annual Information Statement to the US investor, breaking down its income into ordinary earnings and net capital gains. The US investor then includes their pro-rata share of the fund's income in their US return annually, even if no distribution was received.
The problem: Indian mutual funds do not provide QEF-compliant annual statements. No Indian AMC, to our knowledge, is set up to issue the "PFIC Annual Information Statement" required by the IRS. This makes the QEF election practically unavailable for Indian mutual funds.
(c) Mark-to-Market (MTM) Election — Best Available Option
Under the Mark-to-Market election (Section 1296), you include the unrealized gain or loss on your PFIC holdings in your US tax return each year. At each year-end, you calculate the change in fair market value of your Indian MF units and include the gain as ordinary income (or deduct the loss, subject to limits).
Pros: Avoids the punitive excess distribution regime. Gains are taxed at ordinary income rates (not capital gains rates, which is a downside), but there is no interest charge. Annual compliance is required but straightforward.
Cons: You pay tax on paper gains every year, even without selling. All gains are treated as ordinary income (up to 37% federal rate), not long-term capital gains (20%). You must file IRS Form 8621 annually for each PFIC holding.
This is generally the best option available for US NRIs who hold Indian mutual funds. However, the annual compliance burden and ordinary income treatment make it suboptimal compared to simply investing through US-domiciled funds.
Double Taxation Risk & India-US DTAA
US NRIs face double taxation on Indian mutual fund gains: India deducts TDS at source (12.5% LTCG / 20% STCG for equity; 30% for debt), and the US taxes the same income under PFIC rules at ordinary income rates (up to 37% federal + state tax).
The India-US Double Tax Avoidance Agreement (DTAA) provides relief through the Foreign Tax Credit mechanism. You can claim the Indian TDS as a credit against your US tax liability by filing IRS Form 1116 (Foreign Tax Credit). This prevents the same income from being fully taxed in both countries.
Important: The foreign tax credit is limited to the US tax attributable to the foreign income. If the Indian TDS rate is lower than your US effective rate, you pay the difference to the IRS. If the Indian TDS is higher, the excess credit can be carried forward for up to 10 years or carried back 1 year.
FBAR & FATCA Form 8938
FBAR (FinCEN Form 114): If the aggregate value of all your foreign financial accounts (including Indian MF holdings, bank accounts, fixed deposits) exceeds $10,000 at any point during the year, you must file an FBAR electronically with FinCEN by April 15 (with automatic extension to October 15). Penalty for non-filing can be up to $10,000 per violation (non-willful) or $100,000 or 50% of account value (willful).
FATCA Form 8938: In addition to FBAR, you may need to file Form 8938 (Statement of Specified Foreign Financial Assets) with your tax return if the total value of foreign financial assets exceeds $50,000 on the last day of the year or $75,000 at any time during the year (thresholds are higher for those filing jointly or living abroad).
Practical Recommendation for US-Based NRIs
Due to the PFIC classification, annual Form 8621 filing requirement, Mark-to-Market compliance burden, and ordinary income treatment of gains, many US-based NRIs choose to avoid Indian mutual funds entirely.
Alternatives to consider:
- US-listed India ETFs (e.g., iShares MSCI India ETF — INDA, WisdomTree India Earnings Fund — EPI) — these are US-domiciled and do not trigger PFIC issues
- Direct equity investment in Indian stocks through a Portfolio Investment Scheme (PIS) account — no PFIC classification for individual stocks
- Indian NPS (National Pension System) — NRIs can invest; different tax treatment
If you already hold Indian mutual funds as a US person, consult a cross-border tax specialist (CPA with international tax experience) to determine the optimal election and filing strategy.
Canadian Residents
Canada's tax treatment of Indian mutual funds is significantly simpler than the US. Canada does not have a PFIC-equivalent classification, making Indian MF investment more feasible for Canadian NRIs. However, there are still reporting requirements and tax implications to understand.
Foreign Property Reporting — Form T1135
If the total cost of all your specified foreign property (including Indian mutual funds, bank accounts, real estate, etc.) exceeds CAD 100,000 at any time during the year, you must report it on Form T1135 (Foreign Income Verification Statement) with your annual tax return. Failure to file can result in penalties of $25/day (up to $2,500) plus potential additional penalties for gross negligence.
Taxation of Indian MF Gains in Canada
Indian mutual fund gains are treated as foreign income in Canada. Capital gains from disposition of Indian MF units receive the standard Canadian capital gains treatment: 50% inclusion rate — meaning only half the capital gain is added to your taxable income.
Note (2024 Budget): The 2024 Canadian Federal Budget proposed increasing the capital gains inclusion rate to 66.67% for gains exceeding CAD 250,000 annually (for individuals). As of early 2026, this proposal has faced legislative uncertainty. Verify the current inclusion rate with your Canadian tax advisor.
India-Canada DTAA
The India-Canada DTAA allows Canadian residents to claim a foreign tax credit for TDS deducted in India on mutual fund redemptions. You report the Indian MF gain as foreign income on your Canadian return and claim the Indian TDS paid as a credit against Canadian tax on Form T2209 (Federal Foreign Tax Credits). This effectively avoids double taxation.
No PFIC Equivalent
Unlike the US, Canada does not classify Indian mutual funds as PFICs or any equivalent punitive category. Indian MF gains are simply treated as foreign capital gains with the standard inclusion rate. This makes Indian mutual fund investment significantly more practical for Canadian NRIs than for their US-based counterparts.
AMC Restrictions for Canadian NRIs
Some Indian AMCs club US and Canada together when applying FATCA restrictions. As a Canadian NRI, you may face the same AMC-level rejections as US NRIs. Always confirm with the specific AMC or your distributor whether they accept investments from Canadian residents before initiating any transaction.
European Residents (UK, Germany, France & Others)
European countries generally have well-established DTAA frameworks with India, and most do not impose punitive regimes like the US PFIC on foreign fund holdings. However, each country has its own nuances. Indian mutual funds are classified as non-UCITS funds (they are not regulated under the EU's UCITS Directive), which may trigger higher tax rates or additional reporting in some jurisdictions.
United Kingdom
Indian mutual fund gains are taxed as capital gains in the UK. The tax rate depends on whether gains fall within the basic rate or higher rate band:
- Basic rate taxpayer: 10% on gains (18% for residential property)
- Higher/additional rate taxpayer: 20% on gains (24% for property)
- Annual Exempt Amount: £3,000 per tax year (2024-25 onward, reduced from £6,000)
The India-UK DTAA allows you to claim the Indian TDS as a foreign tax credit against your UK capital gains tax liability. Report Indian MF gains on the Capital Gains pages of your Self Assessment tax return. Note: Indian MFs are treated as "non-reporting offshore funds" in the UK, which means gains may be taxed as income (at higher rates) rather than capital gains. Check the HMRC list of reporting funds.
Germany
Germany applies its Investment Tax Act (Investmentsteuergesetz) to foreign fund holdings, including Indian mutual funds. Key aspects:
- Vorabpauschale (Advance Lump Sum): German tax law requires annual taxation of a deemed minimum return on foreign fund holdings, even if you have not sold. This is calculated using the German base interest rate multiplied by the fund's value at year-start.
- Flat tax rate: Investment income (including fund gains) is taxed at a flat 26.375% (25% Abgeltungsteuer + 5.5% Solidaritaetszuschlag), plus church tax if applicable.
- Teilfreistellung (Partial Exemption): Equity funds with >51% equity allocation qualify for a 30% partial exemption. Indian equity MFs with predominantly equity holdings would likely qualify, effectively reducing the tax rate to approximately 18.5%.
The India-Germany DTAA provides for foreign tax credit. Indian TDS can be credited against German tax liability on the same income.
France
France applies the PFU (Prélèvement Forfaitaire Unique), commonly known as the "flat tax," to investment income:
- Flat tax rate: 30% on investment income and capital gains (12.8% income tax + 17.2% social charges). This is the default treatment for Indian MF gains.
- Progressive scale option: Taxpayers can opt to be taxed under the progressive income tax scale instead of the flat tax if their marginal rate is below 12.8%. This election applies to all investment income for the year.
- No PFIC-like classification: France does not impose punitive regimes on foreign fund holdings.
The India-France DTAA provides for foreign tax credit. File the Indian TDS credit on Form 2047 (Déclaration des revenus encaissés à l'étranger).
UCITS vs Non-UCITS Classification
Indian mutual funds are non-UCITS — they do not comply with the EU's Undertakings for Collective Investment in Transferable Securities Directive. In some EU countries, non-UCITS funds may face higher tax rates, limited loss offset rules, or additional reporting requirements compared to UCITS-compliant funds. The impact varies significantly by country — always consult a local tax advisor familiar with cross-border fund taxation.
Other EU Countries
Most EU countries tax foreign fund gains as capital gains or investment income. The key provisions are generally consistent: (1) India deducts TDS on redemption, (2) the country of residence taxes the global income, and (3) the DTAA between India and the specific country provides for foreign tax credit to avoid double taxation. Countries with India DTAAs include Netherlands, Belgium, Ireland, Italy, Spain, Sweden, Denmark, and many others. Always verify the specific DTAA provisions for your country of residence.
UAE / GCC Residents
No Personal Income Tax — But Indian TDS Still Applies
The UAE, Saudi Arabia, Qatar, Bahrain, Oman, and Kuwait do not levy personal income tax on individuals. However, this does not exempt you from Indian taxation. India taxes income earned within India (mutual fund gains are India-sourced income), and TDS is deducted at source by the AMC regardless of where you reside. The absence of local tax simply means there is no double taxation — but you still pay Indian tax in full.
Indian TDS — Full Impact
Since there is no local income tax in most GCC countries, there is no foreign tax credit mechanism to offset the Indian TDS. This means the Indian TDS is your final tax cost. The rates are:
- Equity STCG (< 12 months): 20% + surcharge + cess
- Equity LTCG (≥ 12 months): 12.5% + surcharge + cess (above ₹1.25L exemption)
- Debt funds: 30% + surcharge + cess (at slab rate for NRIs)
Since GCC-based NRIs have no local tax liability, they should ensure they file an Indian ITR to claim refund of any excess TDS. For instance, if your equity LTCG is below ₹1.25 lakh, the entire TDS can be refunded.
India-UAE DTAA Status
India and the UAE have a limited DTAA that primarily covers exchange of information and does not provide comprehensive relief for individual investors on capital gains. As of FY 2025-26, there is no mechanism for UAE-based NRIs to claim Indian TDS as a credit against any local tax (since there is none).
Key implication: GCC NRIs effectively bear the full burden of Indian TDS with no offset. This makes it especially important to (a) utilize the LTCG exemption of₹1.25 lakh by staggering redemptions across financial years, and (b) file Indian ITR to claim refund of excess TDS.
Repatriation from GCC
Repatriation from NRE accounts is fully allowed without limit. Since most GCC NRIs earn tax-free income locally, they typically invest through NRE accounts for full repatriability. The NRE route is strongly recommended for GCC-based investors planning to eventually repatriate funds.
GCC Country-Wise Summary
| Country | Local Income Tax | Indian TDS Applies? | DTAA with India |
|---|---|---|---|
| UAE | Nil (0%) | Yes, full rates | Limited scope |
| Saudi Arabia | Nil (0%) | Yes, full rates | Yes (limited) |
| Qatar | Nil (0%) | Yes, full rates | Yes |
| Bahrain | Nil (0%) | Yes, full rates | Yes |
| Oman | Nil (0%) | Yes, full rates | Yes |
| Kuwait | Nil (0%) | Yes, full rates | Yes |
Practical Example: UAE NRI Equity MF Redemption
Scenario: A Dubai-based NRI invested ₹20,00,000 in an equity mutual fund 3 years ago. Current value: ₹30,00,000 — gain of ₹10,00,000.
Indian Tax: LTCG (holding > 12 months). Taxable gain = ₹10,00,000 −₹1,25,000 (exemption) = ₹8,75,000. Tax at 12.5% = ₹1,09,375 + 4% cess = ₹1,13,750.
TDS Deducted: AMC deducts TDS at 12.5% on full gain of ₹10,00,000 = ₹1,25,000 + cess.
UAE Tax: ₹0 (no personal income tax).
Net Impact: The NRI files Indian ITR and claims refund of excess TDS (difference between TDS on ₹10L and actual tax on ₹8.75L). No double taxation since UAE does not tax. Effective tax cost: approximately ₹1,13,750 or 11.4% on gains.
DTAA (Double Tax Avoidance Agreements) — Key Countries
India has signed DTAAs with over 90 countries. These agreements determine which country has the right to tax specific types of income and provide mechanisms (primarily Foreign Tax Credits) to prevent the same income from being taxed twice. For NRI mutual fund investors, the DTAA provisions on capital gains and dividends are most relevant.
DTAA Summary — Capital Gains & Dividend Treatment
| Country | DTAA | Capital Gains Treatment | Dividend Treatment |
|---|---|---|---|
| USA | Yes | Taxed in India, foreign tax credit in US (Form 1116) | Taxed in India (10% TDS under treaty rate) |
| Canada | Yes | Taxed in India, foreign tax credit in Canada (Form T2209) | 15% treaty rate |
| UK | Yes | Taxed in India, credit available in UK (Self Assessment) | 15% treaty rate |
| Singapore | Yes | May be taxed only in country of residence (Article 13) | 15% treaty rate |
| UAE | Limited | Taxed in India (no local tax to offset) | Taxed in India (no local tax) |
| Australia | Yes | Taxed in India, credit in Australia (Foreign Income Tax Offset) | 15% treaty rate |
| Germany | Yes | Taxed in India, credit in Germany (Anrechnung) | 10% treaty rate |
| France | Yes | Taxed in India, credit in France (Form 2047) | 10% treaty rate |
How to Claim DTAA Benefits
To claim DTAA benefits and avoid double taxation, NRI investors should:
- Obtain TDS certificate (Form 16A) from the Indian AMC after each financial year
- Report the Indian MF income on your country-of-residence tax return as foreign income
- Claim the Indian TDS as a foreign tax credit using the appropriate form in your country
- Obtain a Tax Residency Certificate (TRC) from your country if required by Indian authorities
- Submit Form 10F to the Indian AMC to claim beneficial DTAA rates at the time of TDS deduction
Practical Steps for NRI Mutual Fund Investors
Whether you are a first-time NRI investor or looking to optimize your existing Indian MF portfolio, follow this checklist to ensure you are compliant and tax-efficient.
Complete KYC with NRI Status
Submit your KYC application specifically as an NRI (not resident). You will need: valid passport, overseas address proof, PAN card, and recent photograph. CKYC registration is now the standard. Many AMCs and platforms accept online KYC for NRIs.
Open NRE / NRO Bank Account
Open an NRE account (for fully repatriable investments) or NRO account (for non-repatriable Indian income) with an Indian bank. Most major banks offer NRI account opening online or through overseas branches. NRE is recommended for most NRI investors.
Choose AMCs That Accept NRIs from Your Country
Not all AMCs accept NRIs from all countries. US/Canada NRIs face the most restrictions due to FATCA. Verify acceptance before investing. Your mutual fund distributor can help identify compliant AMCs for your specific country of residence.
Understand TDS Implications Before Investing
Know the TDS rates for your investment type (equity vs debt, STCG vs LTCG). Factor in the TDS cash flow impact — your redemption proceeds will be lower than expected. Plan redemptions to utilize the LTCG exemption of Rs 1.25 lakh per financial year.
Maintain Records for Foreign Tax Credit
Keep copies of all TDS certificates (Form 16A), investment statements, and transaction records. These are essential for claiming foreign tax credits in your country of residence. Digital record-keeping is recommended.
File Indian ITR Every Year
If TDS has been deducted on your mutual fund redemptions, filing an Indian ITR is mandatory. Even if you have no refund to claim, filing ensures compliance and creates a documented trail. Use ITR-2 for NRIs with capital gains income.
Report Holdings in Country of Residence
FBAR (US), T1135 (Canada), Self Assessment (UK), and equivalent forms in other countries — report your Indian MF holdings as required. Non-reporting can result in severe penalties that far exceed any tax saving.
Consult Both Indian CA and Local Tax Advisor
NRI taxation is inherently cross-border. You need an Indian Chartered Accountant familiar with NRI provisions AND a tax advisor in your country of residence who understands DTAA, foreign tax credits, and local reporting requirements. Do not rely on a single advisor.
Recent Regulatory Changes Affecting NRI MF Investors
The Indian tax and regulatory landscape for NRI mutual fund investors has evolved significantly over the past decade. Here is a timeline of the most impactful changes:
Updated TDS Rates Post-Budget 2024
Union Budget 2024 revised capital gains tax structure: Equity LTCG rate changed to 12.5% (from 10%), STCG to 20% (from 15%). LTCG exemption increased to Rs 1.25 lakh (from Rs 1 lakh). These changes apply to NRI TDS rates as well. Holding period for equity LTCG remains 12 months.
Debt Fund Indexation Benefit Removed
From April 2023, gains from debt mutual funds (with less than 65% equity) are taxed at the investor's slab rate regardless of holding period. The long-standing indexation benefit for long-term debt fund gains was eliminated. For NRIs, this means TDS at 30% (or applicable slab rate) on all debt fund gains.
Updated FATCA Reporting Requirements
Enhanced FATCA reporting standards implemented, requiring Indian AMCs to provide more detailed account-level information to the IRS and other treaty partners. This led some additional AMCs to stop accepting US/Canada NRI investments.
DDT Removed — Dividends Now Taxed at NRI Slab with TDS
Until FY 2019-20, mutual fund dividends were subject to Dividend Distribution Tax (DDT) paid by the fund house. From FY 2020-21, dividends became taxable in the hands of the investor. For NRIs, this means TDS at 20% is deducted on all mutual fund dividend payments. DTAA rates may reduce this (e.g., 10-15% under most treaties).
Aadhaar Linking Rules for NRIs
Aadhaar-PAN linking became mandatory for tax filing. NRIs who do not have Aadhaar were initially impacted, but subsequent clarifications confirmed that NRIs are exempt from Aadhaar requirements if they do not have one. PAN remains the primary identifier for NRI MF investments.
FATCA / CRS Reporting Introduced
India adopted the Common Reporting Standard (CRS) and enhanced FATCA compliance. All financial institutions, including AMCs, began collecting and reporting information about account holders who are tax residents of other countries. NRI investors must now provide self-certification of tax residency status.
Need Help with NRI Mutual Fund Investments?
Trustner Asset Services (ARN-286886) assists NRI investors across the US, Canada, UK, Europe, UAE, and GCC countries with mutual fund investments in India. Our team understands the cross-border taxation complexities and can help you invest efficiently.
Important Disclaimer
This guide is provided for educational and informational purposes only. It does not constitute tax advice, legal advice, or financial advice. Tax laws and DTAA provisions are complex, subject to change, and vary based on individual circumstances.
NRI investors must consult qualified professionals — an Indian Chartered Accountant for Indian tax matters, and a CPA (US), CA (Canada), tax advisor (UK/EU), or equivalent professional in their country of residence for local tax implications. The information in this guide is based on tax laws and regulations as understood as of FY 2025-26 and may not reflect subsequent changes.
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. Past performance is not indicative of future results.
Trustner Asset Services Pvt. Ltd. | AMFI Registered Mutual Fund Distributor | ARN-286886 | EUIN: E092119