Entries Written By Prateek Mehta
The case against NRIs making real estate investments in India
This article was first published on livemint. Many of my Indian friends have invested in house property in India. Should I also do it? Housing or real estate was a popular mode of investment for non-resident Indians (NRIs) till five years ago. High capital appreciation seen in the last decade along with monthly rental income had …
In the last five years, BSE 500 has given 5% higher annual returns compared to S&P 500
This article was first published on livemint. Why should I invest in Indian stock markets when I can also invest in USA stock markets? Indian stock market capitalization is expected to grow at a 10% compounded annual growth rate (CAGR) in the next 10 years. Booming stock market capitalization is expected to deliver a high return …
Investing in stocks needs deep understanding of markets
This article was first published on livemint. I am interested to invest in Indian equities. Should I directly buy stocks or opt for mutual funds? Investing in equity markets is rewarding in the long term. Indian equity markets had a phenomenal run in Calendar year 2017. Large-, mid- and small-cap indices gave calendar year returns of 27%, 47%, …
NRIs can continue to invest in PPF
This article was first published on livemint. I had invested ₹10 lakh in Public Provident Fund (PPF) before leaving India. I have heard that PPF is not available anymore for NRIs. How would it impact me? What should I do now with the PPF account? While you had heard right, those new rules have been revoked …
Amount received as gift by any blood relative living in US is not taxable in India
This article was first published on livemint. I am a US resident and gifted money to my parents in India. They invested that in mutual funds in their name. Are there any tax implications for me? Any amount received as a gift from blood relatives is not taxable in India. Any amount up to $5.6 million …
FATCA doesn’t prohibit NRIs from investing in mutual funds in India
This article was first published on livemint. I am an NRI and have been told that I can’t invest in mutual funds in India because of Foreign Account Tax Compliance Act (FATCA). Is that true? If yes, what is the next best option for me to invest in? Ever since FATCA has been enforced, financial institutions outside …
NRIs should buy term insurance cover in the country of residence
This article was first published on livemint. As an NRI, should I invest in assured long-term saving plans with life cover or mutual funds? Let me come to one of the basic tenets of personal finance—you should not mix investment and insurance. Insurance-cum-investment products like unit-linked insurance plans (Ulips) and endowment plans are not good for …
ELSS tax benefits are available for both Indian residents and NRIs
This article was first published on livemint. Are there any tax-saving advantages in NRI mutual funds? Equity-linked saving schemes (ELSS) allow tax saving under Section 80C of the Indian Income Tax Act. An investment of up to ₹1.50 lakh in ELSS can be claimed as a deduction from taxable income in India. These tax-saving benefits are …
Should international funds be part of an investor portfolio? Here’s what experts say
This article was first published on Moneycontrol. International funds are mutual fund schemes that primarily invest in stocks of companies located outside India. By investing in international markets, these funds allow investors to benefit from international growth stories, thus boosting portfolio returns. It is a great way to diversify one’s portfolio. An investor looking to invest in international funds should …
Robo advisory space in India could see consolidation
This article was first published on Morningstar. Founded by Prateek Mehta, Prithvi Raj Tejavath, Shashank Agrawal, and Vivek Agarwal in December 2015, Bengaluru-based online investing platform Upwardly has built assets under advisory of Rs 400 crore in just two years. In an interview with Ravi Samalad, Prateek Mehta spoke about how they are attracting digitally savvy first-time mutual fund investors. Your company …
Prateek Mehta
Simplifying Personal Finance | Co-founder & CEO, Upwardly.in | Runner | Father | Learner
