Foreign Portfolio Investment (FPI) services involves buying/investing in foreign financial assets on behalf of the client. There are various types of assets in offering like stocks, bonds, funds, deposits etc and GRD ensures that the investors are eventually holding these assets in passive mode.
The intent of investing in foreign markets is to diversify the portfolio and get some diversified return on investments. Usually FPI’s reward with high returns but are also more prone to risks since it is goverened by global factors.
GRD facilitates FPI services offering detailed research and ease of investment to its clients.
We offer a wide range of services to our FPI clients, including Advising on suitable investment structure for setting up the FPI, including jurisdictional analysis and assistance in implementing the identified investment structure.
GRD offers an advanced platform along with personal service to all its FPI customers. The domain knowledge of our promoter at handling international transactions serves as an easy and convenient entry into Indian markets. Our Portfolio Management service is the best option to any Foreign Investor to take part in the prosperity of the Indian markets. We have done global tie-ups which takes care of all the regulatory requirements on Indian Laws.
Equities
- Listed Equity
- Preference Shares
- Partly Paid Shares
- Units of Mutual Funds
Debt
- Perpetual Debt Instruments such as Tier-I and upper Tier-II of Bank Instruments
- Collective Investment Schemes
- Asset Reconstruction Companies (ARC)
- Security Receipts issued by ARC
- Securities Lending and Borrowing
Bonds
- Dated Government Securities
- State Development Loans
- Corporate Bonds – Non-Convertible
- Corporate Bonds – Convertible
- Credit Enhanced Bonds
- Municipal Bonds
Derivatives
- Index Options
- Index Futures
- Stock Futures
- Stocks Options
- Interest Rate Futures
- Currency Futures
Eligible Countries
- Australia, Austria, Bahrain, Belgium, Brazil, Bulgaria, Canada, China, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Iceland, Italy, Japan, Korea, Lithuania, Luxembourg, Malta, Mexico, Netherlands, New Zealand, Norway, Oman, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, UAE, UK, USA
Basic Guidelines
- Based on the Analysis & advice provided by the Stock Broker or relying on his own study, the FPI can decide upon the Companies to invest in & the FPI can either place orders directly with his Stock Broker OR route it through his Custodian’s Order Management System which many Custodian QDP provide.
- The FPI will, either way, have an access to the status of his orders & trades through an online browser based system application.
- Post Execution of trades, the settlement of securities as well as funds will be done at Custodian End without any action from FPI’s end. The FPI will have access to comprehensive reports reflecting the trade details, & all the End of Day balances including trading account, bank account, custodian account & the DEMAT Account holdings with valuations.
- Deduction of withholding tax & payment of the same to the Government from time to time on each sale transaction during the course of investment activity in India will be taken care of by the Custodian. In case of a situation of a refund of Tax, due to the FPI on a subsequent loss transaction, the same will have to be claimed by way of filing Income Tax Returns in India. The Stock Broker or the QDP can manage the same through a Tax Consultant at a cost if the FPI so desires.
- Investments by FPIs are governed by overall limits which vary in case of each Asset Class. The monitoring of such limits will be the responsibility of the Custodian QDP.
The Funds invested through this route are fully repatriable at any point of time as per the FPIs instructions