Pool of Investors for India - Equities
Posted: Fri Oct 19, 2007 12:00 am
I'm inviting fellow R2Is for discussions/suggestions who are wanting to invest in Indian equities using PMS route. This will help us to avoid PFIC. The focus for right now is investing in equities but can venture into Debt and other instruments too as we gain more experience.
Thanks to RRK who met up with some ppl @ Kotak Securities. He mentioned "btw, in my search so far, I find Kotak has better trading software, good web features for account management and very competitive brokerage fees. Dont look at the website, all figures are negotiable."
So I think it is a good place to start. I need to know which other members are interested in this. If we have a group of ppl, we can negotiate the management fee and other aspect of the agreement better. It will also help us bring up some good points/issues/concerns.
I think it is a good opportunity as the Rs might appreciate even more in next 5 yrs so any investment done in Rs will have better returns.
We can summarize the details and move this thread under "India Portfolio for NRI's" once we're done with our research.
Thanks.
Thanks to RRK who met up with some ppl @ Kotak Securities. He mentioned "btw, in my search so far, I find Kotak has better trading software, good web features for account management and very competitive brokerage fees. Dont look at the website, all figures are negotiable."
So I think it is a good place to start. I need to know which other members are interested in this. If we have a group of ppl, we can negotiate the management fee and other aspect of the agreement better. It will also help us bring up some good points/issues/concerns.
I think it is a good opportunity as the Rs might appreciate even more in next 5 yrs so any investment done in Rs will have better returns.
We can summarize the details and move this thread under "India Portfolio for NRI's" once we're done with our research.
Thanks.