Capitalmind for NRIs
Your life is abroad. Your India wealth still needs a plan.
For NRIs and OCIs with investments and financial goals in India. We manage your India portfolio with the same attention and discipline it deserves, wherever you live.
Why PMS Makes Sense for NRIs and OCIs
Direct ownership
You hold all your investments in your own demat account, and retain legal ownership of every security.
Tailored approach
Your investment strategy recommendations are customised to your goals, tax situation, investment horizon, and risk preferences.
Complete portfolio visibility
You can track every holding, transaction, and performance update through a single dashboard, giving you a clear view of your investments.
Professional portfolio management
All your investments are managed by a SEBI-registered portfolio manager who handles portfolio decisions, execution, and more on your behalf.
Investment flexibility
You can add or withdraw funds as your needs change, without lock-in periods or exit fees, subject to applicable PMS requirements.
Diversification in a single portfolio
All the diversification you need across asset classes, tailored to your goals, risk preferences, and financial circumstances are consolidated into a single portfolio.
Tax Check for Your Global Wealth
US Tax Residency
US persons are taxed by the US on their worldwide income. US citizens and green card holders are US persons irrespective of where they live, as is anyone living in the US on a work or study visa.
PFIC Treatment of Indian Funds
Under US tax rules, every Indian mutual fund, ETF, AIF, REIT, and InvIT is a Passive Foreign Investment Company (PFIC). This triggers annual reporting for each fund held and punitive tax: either tax every year on unrealised gains, or top-rate tax plus an interest charge at sale.
PFIC Treatment of Indian Stocks
Most Indian operating companies are not PFICs. However, certain listed holding companies, AMCs, insurers, brokers, exchanges, and investment-type NBFCs can meet the PFIC tests. Once a stock is a PFIC during your holding period, it generally stays a PFIC for you, so holdings need ongoing screening.
Manage Your Indian Investments
Simplified Onboarding
We have a specialised onboarding process for NRIs and OCIs, and help you open the necessary bank and demat accounts through our partners.
Tax Residency-Aware Investing
We help you build long-term wealth in India by recommending investment options suited to your circumstances, taking into account your country of tax residence.
Detailed Tax Reporting
We provide detailed transaction and capital gains reports to help you meet tax filing requirements in India and your country of residence.
Dedicated Relationship Management
Your dedicated relationship manager helps you navigate your India investments, providing ongoing guidance and support wherever you live.
Your 4-Step Path to Smarter Wealth Management
1. Discovery
We analyze your goals, current portfolio and your problems
2. Strategy
We find the best strategies for you that meet your financial goals.
3. Onboarding
Hand-holding through KYC, agreement, fund transfer.
4. Advisory & Analysis
Monthly Fund Manager reports, periodic reviews, and rebalancing
Frequently Asked Questions
Yes, via NRE or NRO accounts; FEMA guidelines apply.
Yes, returns generated through an NRE account are freely repatriable.
No, the entire onboarding process can be completed digitally from anywhere in the world.
India will deduct taxes at source: - 20%+surcharges for short-term capital gains - 12.5%+surcharges for long-term capital gains - 20% as dividend withholding tax for dividends received if you hold stocks Depending on your tax jurisdiction, you'll have to either (a) claim the credit for the taxes paid in India against your tax liability in your home country or (b) file the necessary forms and returns in India to claim back the TDS if you live in a tax friendly jurisdiction Please consult a tax advisor in your home country for advice.
Yes, the SEBI mandated minimum investment of ₹50 Lakhs applies to NRIs as well. However, if you are deemed an "Accredited Investor" as per SEBI's definition, the investment amount can be any amount irrespective of the strategy you're investing in.