Wealth Management India

Foreign Portfolio Investments.

India is one of the fastest growing stable economies in the world with a GDP growth rate of over 7%. The Indian economy is presently worth US$ 2.60 trillion (Mar,2018) and is estimated to grow to over US$ 5 trillion by 2025, making it the third largest economy in the world. This robust growth is backed by a large working population of 170 million individuals who are expected to join the work force in the next 10 – 12 years. It is also the youngest developing economies with a median age of 26 as compared to 36 of China & 37 years of the USA.

Political Stability, good GDP growth rate, favourable demographics with demand fuelled by a population of 1.35 billion people, economic liberalisation make India an excellent Investment choice for all foreign investors who wish to diversify their portfolios across geographies.

At prosperity wealth management we ensure a seamless process of registration & fund transfer of our foreign portfolio Investors. We specialise in the fund management of FPI category III investors who primarily comprise of Trusts, Family Offices, High Net Worth Individuals & Corporate Bodies. We help FPIs establish compliance with the Securities Exchange board of India by assisting them in obtaining a Permanent Account Number (PAN) and completing all formalities including KYC, UBO & FATCA. We also appoint a custodian of securities, designated banker, accounting and compliance officer on behalf of our clients to help with tax fillings and repatriation of funds.

Nationals of all countries, who are members of the International Organisation of Securities Commissions (IOSCO) & the Financial Action Task Force (FATF) are eligible to invest in the Indian capital markets. A list of all eligible countries can be found here. (https://www.sebi.gov.in/sebi_data/faqfiles/jan-2017/1485859985712.pdf)

The table below highlights the flow of funds from the FPI to the Indian capital markets through various intermediaries. The entire transaction is completed in T+2 days and is overseen by our experienced operations team at prosperity wealth management.