I want to invest some money in mutual funds ,I live in india,what is the procedure?

Question

sorry for my ignorance ,i am new to investments,
also I need to know whom to contact for applications forms,
i dont have credit care,pan cards,will it affect in anyway?

Answer 1

do you want to invest in the USA ,if so brokers are held by many standards so your money is safe to a point(there is always risk in the market) or anywhere in a developed nation, go to any reputable online broker ,and get info However, do your homework and know who you are dealing with.I would recommend a US or EU broker .

Answer 2

You have to get in touch with some Agents/brokers who are dealing with Shares and Mutual Funds or watch out the advertisements in the news Paper from the Mutual Fund Companies. You require PAN Card only if your investment exceeds Rs. 50,000/- and no credit card is required. You can give cheque.

Answer 3

right that's one element to bear in concepts touching directly to the Roth IRA account. there is in no way any tax on it the place as there is on your 401k. This turns into important while thinking your asset blend. earnings producing investments are taxed on the completed tax fee as would be your 401k. subsequently it incredibly is sensible to invest a minimum of a few of your 401k in earnings producing supplies--bonds, LPs, REITs. The earnings from each and every of those is taxed on the completed tax fee besides. Now by way of fact the Roth IRA is in no way taxed, it is likewise sensible to place those kinds of supplies into the Roth IRA additionally. and likewise fairness investments. What you omitted to point are investments exterior of those 2 automobiles. in case you have some, they could be investments which would be taxed on the capital advantageous properties fee--fairness investments. surely, till you're interior the optimum tax bracket it incredibly is sensible to have a ingredient of your fairness investments exterior of a 401k. by using doing so the completed tax invoice would be decreased, exceptionally once you're a protracted term investor. in case you have the least hankering to invest a number of your money in gold and silver those actual could be interior of a Roth IRA. the two are taxed as collectibles in any different case. yet another element to contemplate in regard to the 401k is that for the time of years yet to come the tax fee would surely be larger, in step with probability plenty larger, than it at present is. considering which you quite have not have been given any determination of putting non-mutual fund investments interior of a 401k aside from in step with probability company inventory, it incredibly does make experience to invest Roth IRA money in company shares fairly than mutual money. yet be careful. it incredibly is extremely tempting for many to invest with their Roth IRA account exceptionally short term figuring out to purchase and merchandising which in any different case could be taxed on the completed tax fee. which would be a good thank you to cut back that fee of the Roth account. Be only a sprint careful. make investments interior the likes of MCD, WMT, JNJ, BDX, KO, and so on. or in step with probability ETP with its 8% dividend or PAA with its 7.5% dividend. and don't make investments it in fewer than 5 diverse companies.