Skip to content Skip to footer

Investing in Direct Mutual Funds for a Child: Process, Documentation and Practical Considerations

Many parents and guardians look to mutual funds to build long-term wealth for a child’s future needs such as education, business capital, or financial security. Direct mutual fund plans, in particular, are often preferred due to their lower expense ratios and better long-term efficiency. From a compliance and operational perspective, investing for a minor is…

Read More

India–Singapore DTAA and mutual fund capital gains: What the Mumbai ITAT ruling means for Singapore tax residents investing in Indian MFs

A recent Income Tax Appellate Tribunal (ITAT), Mumbai ruling has held that capital gains earned by a Singapore tax resident from redemption/sale of units of Indian mutual funds can fall under the residuary capital gains clause of the India–Singapore DTAA, and therefore be taxable only in Singapore (subject to treaty conditions). itatonline.org+2ITB Steve Towers+2 This…

Read More