Offshore Funds

The Finance Bill 2025 has amended the rules so that only direct investments by Indian residents will be considered within the 5 percent safe harbour threshold.

MC Explains: What is the 'safe harbour' clause under Section 9A of Income Tax Act, and why does it need a relook?

Capital-market experts, in a meeting with the FM Nirmala Sitharaman, have asked for a revisiting of some conditions under this clause.

India focussed offshore funds, ETFs see $376 million outflow in March quarter

During the quarter ended March 2021, the offshore fund segment registered net outflows to the tune of $1.1 billion, lower than $1.9 billion seen in the preceding quarter.

India-focused offshore funds, ETFs see inflow of USD 4.6 bn

Assets of India-focussed offshore equity funds and ETFs increased during the June quarter to USD 55.2 billion from USD 50.1 billion in the March quarter.

$27 billion riding on these top 10 largest offshore India-Focussed equity funds and ETFs

Through the quarter they garnered net assets worth USD 2.6 billion, higher than the net inflow of USD 2.0 billion they had received in the previous quarter.

Offshore India funds, ETFs invest $5 bn in H1 2017

The funds are looking at India from a long-term perspective as indicated by numbers. However, this trend may reverse going forward if the expectation of the managers on the economic growth front are not met, Himanshu Srivastava, Senior Analyst Manager Research at Morningstar India, said.

Offshore India funds, ETFs pump in 500 mn in May

According to a report by mutual fund tracker Morningstar, India-focused offshore funds have infused a net amount of USD 360 million last month, while that of ETFs poured in USD 140 million, during the same period.

FinMin asks CBDT to clarify taxes on offshore fund managers

The finance ministry on Wednesday asked the CBDT to issue a clarification on taxes levied on offshore fund managers. The move may be a huge relief for the Indian fund industry.

Apple's Cook to propose tax change at congressional hearing

Apple Inc CEO Tim Cook will propose tax changes that would encourage firms to bring home more of their offshore funds when he faces congressional queries next Tuesday over his company's overseas cash holdings and tax bills, the Washington Post reported.

Normal overseas investors cry foul over retro amendment

CNBC-TV18's Archana Shukla reports that global offshore funds, whose portfolios include investors who are neither FIIs or QFIs are unhappy over the retrospective amendment.

Holding the foreign hand - FIIs in mutual funds

Indian mutual funds can now raise money from foreign retail investors. It is just the boost that the troubled sector needed