Will I be investing in the fund’s direct or regular plan?
You will be investing in the fund’s direct plan without any commissions.
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What happens to my Mutual Fund investments if I become a resident Indian?
Since inbound Mutual Funds are exclusively for NRIs, it’s ideal that you redeem all your GIFT city mutual fund (inbound/investing into India) investments prior to becoming a resident Indian. If not redeemed before becoming a resident Indian, the ...
Does Belong give regular or direct Mutual Funds on the app?
Belong offers direct Mutual Funds so Belong also doesn't earn any commissions that eat into your returns. We are one of the few MF providers that give direct MFs to NRIs too. There are no additional fees or charges that we apply for Mutual Fund ...
What are the charges associated with this fund?
Tata India Dynamic Equity Fund has an expense ratio of 1.75% for its direct plan. There are no additional fees such as entry load, exit load or platform charges. The returns from this fund are also completely tax-free in India.
What is the Tata India Dynamic Equity Fund (IFSC - GIFT City)?
It is a retail feeder fund launched by Tata Asset Management at GIFT City, India’s international finance hub. The fund invests in Tata Mutual Funds in India across large-cap, mid-cap, small-cap, ETFs, and sector/thematic funds, offering NRIs a ...
How will my gains be taxed?
Gains from this fund like all inbound Mutual Funds are tax free in India. There will be no TDS or withholding tax on withdrawal. You are not required to file any ITR in India for this fund. You may have to pay taxes in your country of residence as ...