Why US & Canada NRIs are BANNED from Most Indian Mutual Funds!

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Are you an NRI living in the USA or Canada trying to invest in Indian Mutual Funds? You’ve probably noticed that many popular AMCs (Asset Management Companies) like Mirae Asset, Axis, or ICICI often restrict or outright reject your applications.
​In this video, we pull back the curtain on why the "world’s fastest-growing economy" makes it so difficult for North American NRIs to participate. We break down the complex legal and tax hurdles that fund houses face and what it means for your portfolio.
​🔍 What You’ll Learn:
​The FATCA Nightmare: Why Indian banks are afraid of the IRS.
​The PFIC Tax Trap: How the US treats "Foreign Passive Income" (and why it could cost you 50% in taxes).
​Compliance Costs: Why many AMCs find it "too expensive" to onboard US/Canada clients.
​Which AMCs still allow NRIs? A quick look at the fund houses that currently accept North American investments.
​The Solution: Should you stick to Mutual Funds or switch to ETFs/Stocks?
​If you’re tired of having your KYC rejected or being confused by tax forms, this video is for you


Disclaimer: I am not a financial advisor or a tax professional. Tax laws for NRIs (specifically PFIC rules) are extremely complex. Always consult with a cross-border tax expert before making investment decisions.
​#NRIInvestment #IndianMutualFunds #FATCA #PFIC #InvestInIndia #NRILife #USANRI #CanadaNRI #PersonalFinanceIndia #MutualFundsForNRIs!