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Mint
2 days ago
- Business
- Mint
Foreign income or stocks? Learn how to reporting, taxes & more
Employee Stock Options (ESOPs) and Restricted Stock Units (RSUs) issued by foreign companies have increasingly become part of compensation packages for Indian professionals. Yet, navigating the intricacies of reporting such foreign income and understanding associated tax implications can be complex and daunting. To address these challenges, Mint is hosting an insightful webinar titled 'Foreign ESOP/RSUs or Income: Reporting, Taxes, and More', scheduled for June 14th, at 11 AM. You can register here. 'Understanding schedule FA and the correct way to report RSUs, ESOPs, stocks and any other foreign assets is the key to avoiding stiff legal consequences including a 10 lakh penalty. We will guide you on how to fill this key form in your ITR,' said Neil Borate, Editor of Mint Money. The webinar will feature Neil in conversation with Mayuresh Kini, Co-Founder of Zinc Money. They will demystify the processes involved in accurately reporting foreign ESOPs, RSUs, and related income, along with offering clarity on tax obligations for Indian taxpayers. 'If you're an Indian resident, remember that India taxes your global income - so disclosing all your foreign assets (including RSUs) and income is a must,' said Mayuresh. Participants of this interactive session will learn about, Comprehensive guidance on reporting foreign ESOPs and RSUs in your Indian tax filings. Understanding tax treatment and obligations related to foreign-earned income. Navigating Schedule FA accurately to report foreign assets. Common pitfalls and best practices in managing cross-border financial instruments. Given the evolving global employment landscape, clarity on foreign ESOPs and RSUs is essential for tax compliance and financial optimisation. This webinar aims to equip professionals with practical tools and expert advice to manage their foreign assets confidently and effectively. Don't miss out on gaining crucial insights from industry experts. Register Now.
Mint
22-05-2025
- Business
- Mint
Planning for Your Child's Foreign Education?Join Our Expert Webinar to Figure How
The aspiration for an international education has become increasingly prevalent among Indian families. However, planning financially for this significant investment often presents challenges, uncertainties, and requires strategic foresight. Recognising this need, Mint presents an exclusive webinar titled 'Costs of Foreign Education & Building a Corpus for It', scheduled for May 30th, at 4:00 PM. This is part of the newly launched platform Mint Money Forums. To join the webinar, register here. The session will be hosted by Neil Borate, Editor at Mint Money, and Mayuresh Kini, Co-Founder of Zinc Money - a platform for smart financial planning that grows with your child's aspirations. Our experts will delve deep into understanding the financial landscape associated with foreign education, guiding parents and professionals on how to effectively build and manage the required financial corpus. 'Which university, which country & how much does it cost? Once you have a rough idea, you can work backwards and figure out how much to save for higher education. We will decode this question in the inaugural Mint Forum, a knowledge-sharing series brought to you by team Mint Money,' said Neil Borate. Added Mayuresh Kini, 'Sending a child for higher studies abroad is a key event in one's life - similar to buying a house, retirement or marriage, it deserves due financial care and planning. Taking expert advice is the first step in making your child's global dreams come true.' During this interactive webinar, participants will gain insights on, Accurately estimating the total cost of education abroad, including hidden and ancillary expenses. Exploring various investment options suitable for building an education corpus. Understanding currency fluctuations and managing foreign exchange risks. Leveraging education loans, scholarships, and other financial aids strategically. Given the rising inflation and unpredictable economic factors globally, early and informed financial planning is crucial. This webinar is designed specifically to equip Indian parents and aspiring students with practical strategies and actionable advice to navigate the financial intricacies of studying abroad. To participate and secure your financial future for overseas education, register now for this informative session. Date: May 30, 2025 Time: 4:00 PM IST Hosts: Neil Borate (Deputy Editor, Mint) & Mayuresh Kini (Co-Founder, Zinc Money) Join us to ensure your child's academic dreams turn into reality without financial stress.
Mint
07-05-2025
- Business
- Mint
Strategic vs tactical asset allocation: Finding the right balance
Growing your wealth by investing is all about finding the correct balance. One of the most important, and perhaps biggest decisions is how you should divide the total corpus you wish to invest into different investment types, be it debt, or equity, or other asset classes like real estate or gold. Experts feel that investing is all about balance, and how you allocate your assets plays a huge role in your success. But, investors need to make a choice between two approaches – strategic asset allocation or tactical asset allocation, depending upon which one aligns better with your overall investment goals. The latest episode of Mint Money Shots, presented by Invesco Mutual Fund, saw Deputy Editor at Mint, Neil Borate, shed light on asset allocation and whether investors should take a strategic approach or a tactical one towards this. Watch the full episode below, Asset allocation is the process of strategically distributing your investment capital across various asset categories. These categories can typically include equities, fixed income, and cash or cash equivalents. Other asset classes can include real estate, commodities, and alternative investments. The specific mix of these assets within your portfolio is not arbitrary – it must carefully be considered based on several key factors that are unique to each investor. These factors can include: Your financial goals such as retirement, down payment for a house, funding children's education funding The time horizon you have to achieve those goals like short-term or long-term Individual risk tolerance (conservative, moderate, aggressive) 'Simply put, asset allocation is how you divide your investments among different asset classes, like stocks, bonds and cash. The right mix depends on your financial goals, time horizon and risk tolerance,' said Borate. 'Strategic asset allocation is like setting the foundation of your financial house. It's a long-term plan where you decide on a fixed asset mix and stick to it, adjusting only when your goals or circumstances change,' Borate added. He explained this with the help of an example. If you are a conservative investor, your strategic asset allocation could comprise of 60 per cent bonds, 30 per cent equities and 10 per cent cash. Once the asset allocation has been established, the investment portfolio needs to be rebalanced periodically to maintain this asset allocation, even if markets fluctuate. The primary goal of strategic asset allocation is to minimise risk over the long term while providing returns that are consistent with the investor's objectives. It lays the emphasis for a disciplined, buy-and-hold approach, which displays resilience through short-term market fluctuations. 'Tactical asset allocation, on the other hand, is more hands-on. It involves making short term adjustments to your portfolio based on market conditions or economic trends with the aim of taking advantage of opportunities. Imagine you notice that tech stocks are expected to perform well in the next 6-12 months, you might temporarily increase your equity allocation from 30-40 per cent to capitalise on that trend, planning to revert to your original allocation once the trend passes. It is a more active strategy, requiring research, timing and sometimes a higher risk tolerance,' Borate said. In summary, strategic allocation is about staying steady through ups and downs, while tactical allocation is about seizing short term opportunities. Which approach is right for you depends upon several factors such as your investing style, risk tolerance, and the time you are willing to spend managing your portfolio. Borate offered some words of advice for investors: 'If you prefer a hands-off approach, strategic allocation might be better. It is ideal for long-term investors who value stability. On the other hand, if you are comfortable taking risks and enjoy following market trends, tactical allocation can help you boost returns, but it requires more attention and effort.' 'Here's the good news. You do not have to choose just one. Many investors use a combination of both. For example, you might stick to strategic planning for 90 per cent of your portfolio and use the remaining 10 per cent to tactically explore high potential opportunities. Whether you choose strategic, tactical or a mix of both, the key is to ensure your asset allocation aligns with your financial goals and risk appetite,' he concluded. Smart investing starts with asset allocation. Wisely dividing your funds across different asset types is a primary factor in reaching your financial objectives. Two main strategies exist. While Strategic allocation is a long-term, steady approach with periodic adjustments, tactical allocation involves actively changing your mix to chase short-term market opportunities. Your preferred style, risk tolerance, and how much you want to manage your investments will determine whether a strategic, tactical, or combined approach is best for you.
Mint
29-04-2025
- Business
- Mint
Mint's masterclass on global investing comes to the Capital
After successful sessions in Bengaluru and Mumbai, Mint Horizons is set to make its way to the capital city with a curated masterclass on overseas investing. The Delhi edition, hosted by Mint and anchored by Neil Borate, Editor – Mint Money, is designed to empower Indian investors with the insights, tools, and strategies required to diversify their portfolios beyond domestic markets. Here is where you can register. First 30 registrations are at a discounted fee of ₹ 999. As Indian investors face heightened volatility and a weakening rupee, conversations around global diversification are gaining momentum. Yet, for many, the path to international investing remains unclear — constrained by information asymmetry, perceived complexity, and regulatory nuances. Mint Horizons aims to bridge this gap by bringing together leading voices from finance, policy, and academia for an evening of learning and engagement. Featured speakers include Dhirendra Kumar, Founder & CEO of Value Research, Dr Mohan Kumar, former Ambassador to France & Bahrain and Dean, Strategic and International Initiatives, OP Jindal Global University, Prashanth Ranganathan, Founder & CEO at Zinc Money, Vaibhav Shah, Head, Products, Business Strategy and International Business, Mirae Asset Investment Managers (India), and Elizabeth Roche, Associate Professor, OP Jindal Global University. In recent months, the Indian equity markets have experienced a sharp correction, with the Sensex falling more than 7% since mid-December. At the same time, the rupee has depreciated against major global currencies, impacting purchasing power and investment returns on overseas expenditures — from travel to education. This dual challenge has reignited investor interest in global diversification as a way to hedge currency risk, access high-growth international sectors, and build more resilient portfolios. Whether through mutual funds, international brokerage platforms, or the recently liberalised GIFT City framework, the demand for credible, actionable guidance on global investing is stronger than ever. Mint Horizons seeks to address this demand through a focused workshop format that distills complex ideas into practical takeaways, helping participants confidently take their first steps toward building an international investment strategy. The Delhi edition of Mint Horizons will bring together some of the most respected minds in personal finance, investment strategy, and global policy. Through a series of keynote talks, fireside chats, and interactive discussions, attendees will gain clarity on the opportunities and challenges that come with investing across borders. The event is designed for high-net-worth individuals, professionals managing family wealth, financial advisors, and anyone with aspirations of sending their children abroad, planning retirement overseas, or simply seeking smarter, globally-aligned investment decisions. The session will be held on May 9, 2025, at the prestigious India Habitat Centre, Lodhi Road, New Delhi. The event will commence at 7:30 PM and run for approximately two hours, followed by a networking dinner. With only 60 seats available, the workshop is invite-only and aims to create a close-knit environment for immersive dialogue and exchange. The session opens with a keynote by Neil Borate, who will present a compelling case for global investing — exploring the macroeconomic shifts, regulatory enablers, and investor behaviours driving this trend. This will be followed by presentations and fireside chats featuring: Dhirendra Kumar , Founder & CEO, Value Research Decoding mutual funds and the GIFT City route to global markets , Founder & CEO, Value Research Decoding mutual funds and the GIFT City route to global markets Vaibhav Shah , Head – Products, Business Strategy & International Business, Mirae Asset Structuring an international portfolio from India , Head – Products, Business Strategy & International Business, Mirae Asset Structuring an international portfolio from India Prashanth Ranganathan , CEO, ZincPlanning finances for overseas higher education (in conversation with Neil Borate) , CEO, ZincPlanning finances for overseas higher education Ambassador Mohan Kumar and Rahul Sharma, USIBCUnderstanding global trade, tariffs, and geopolitical risk in investing Moderated by Elizabeth Roche, Associate Professor, OP Jindal Global University Mint Horizons is not just a learning platform — it's a call to action for Indian investors to think globally, act decisively, and invest wisely. As the world becomes increasingly interconnected, understanding and accessing global markets is no longer a luxury but a necessity for future-ready portfolios. Seats are limited. Register here. First 30 registrations are at a discounted fee of ₹ 999. First Published: 29 Apr 2025, 04:45 PM IST
Mint
25-04-2025
- Business
- Mint
Why global diversification is more than a buzzword for Indian investors
As the world economy enters a phase of volatility, Indian investors are increasingly questioning the wisdom of keeping their portfolios confined to domestic markets. The Mumbai edition of Mint Horizons, hosted on April 11 at the MCA, Bandra Kurla Complex, brought together some of the most prominent voices in finance and investing to explore why diversification across geographies and currencies is no longer optional — it's essential. Neil Borate, Deputy Editor at Mint, opened the event by highlighting the limited discourse in India around global investing. 'This is not about abandoning India,' he said, 'but about recognising that even a strong domestic story benefits from international diversification. It's about preparing, not predicting.' If you are keen to that Mint Horizons comes to your city, you can sign up here. Kalpen Parekh, CEO of DSP Mutual Fund, traced the evolution of DSP's global fund strategy and spoke candidly about investor reluctance. 'For years, no one cared about global funds,' he said. 'But post-COVID, we realised that the companies we spend time and money on — Netflix, Amazon, Apple — are global. If your lifestyle is global, shouldn't your investments be too?' Parekh emphasised that diversification isn't about chasing higher returns but managing concentrated risk. He shared data showing how multi-asset portfolios, particularly in volatile economies, often deliver better inflation-adjusted outcomes. Saurabh Mukherjea, Founder & CIO,Marcellus Investment Managers, shared a powerful insight: most Indians unknowingly spend in dollars — from airline tickets to tech subscriptions — while saving in rupees. 'That's a recipe for disaster,' he said. 'When your liabilities are in one currency and your assets in another, you're exposed. A portion of your portfolio must be aligned with the currencies you spend in.' Watch excerpts from the event below, Prashant Tandon, Executive Director at Waterfield Advisors, offered a high-net-worth perspective on global portfolio construction. 'We advise clients to allocate 5–10% of their portfolios to global assets,' he said. 'But equally important is the structure — we've focused on short-term US treasuries recently given inflation risks and rate cycle volatility.' Tandon noted how unusual it was for both equities and treasuries to fall simultaneously, reinforcing the case for truly uncorrelated diversification. Viram Shah, Co-founder & CEO of Vested Finance, outlined the two main routes for Indian retail investors — international mutual funds and direct investing via the RBI's Liberalised Remittance Scheme (LRS). 'Mutual funds are easier, but direct investing gives more control and options — over 10,000 global stocks, 2,000 ETFs,' he said. 'There's a learning curve, yes — KYC, remittance, tax — but once you're in, it becomes second nature.' Viram Shah, Co Founder & CEO, Vested Finance at Mint Horizons Mumbai Viram also spoke about how today's investors want tools, control, and simplicity — something Vested has prioritised with instant account setups, thematic portfolios, and educational content. Siddhartha Bhaiya, MD & CIO of Aequitas Investment Consultancy, offered a macro view rooted in contrarian investing. 'Gold has outperformed Indian and US equities over 25 years — in both INR and USD terms,' he said. 'When rules of trade break down, gold holds value. It's not a trend — it's insurance.' He added that understanding global market valuations is crucial, even if one doesn't invest abroad. 'Whether it's Germany, China or the US — know what you're buying, and what it's truly worth.' Arindam Sengupta, Founder ofEdufund, closed the panel by shifting the focus from asset performance to life goals. 'You've built wealth — now secure your family's future,' he said. 'With products like the EB-5 visa, you diversify in dollar terms and open residency pathways. Think of it as investing in options — not just markets.' He stressed the need to evaluate such choices like any other investment — with a focus on credibility, track record, and alignment with long-term goals. The Mumbai edition of Mint Horizons made one thing clear:diversification is no longer about just returns — it's about resilience. Whether through US treasuries, global ETFs, gold, or second-country residencies, Indian investors are being called to think beyond their borders. As one speaker summed up: 'The world won't always move how we expect. Diversification is how we prepare for the stories we haven't written yet.' First Published: 25 Apr 2025, 02:39 PM IST
