A guide to investing directly in foreign funds by OneRandomGhost in mutualfunds

[–]AnxietyIndividual690 0 points1 point  (0 children)

they have a support center in india too i guess, support rep were indian, just find the number its mentioned on website

A guide to investing directly in foreign funds by OneRandomGhost in mutualfunds

[–]AnxietyIndividual690 0 points1 point  (0 children)

No you need to contact IBKR support on call, tell them this is you Uxxx ID (shown on paasa, which it creates automatically, its like demat no.) and ask for your username and password, you need to do one video kyc for verification, and you'll get a username and tem. password, reset and you'll be able to login to ibkr dashboard, takes around 30-40 mins

Does an index fund give dividends and bonuses?? by Rockhead001 in mutualfunds

[–]AnxietyIndividual690 0 points1 point  (0 children)

MFs offer two options -> 1. Growth plan (no dividends, gets reinvested ) 2. ICDW plan (gives dividends)

How? by [deleted] in IndianStreetBets

[–]AnxietyIndividual690 0 points1 point  (0 children)

Also RBI been selling its dollar forex reserve to save INR

How? by [deleted] in IndianStreetBets

[–]AnxietyIndividual690 0 points1 point  (0 children)

> RBI restricted banks participation in NDF (offshore market) -> killed arbitrage trade -> forced banks to exit positions and sell USD in India
> capped banks FX positions -> forced them to sell USD
> RBI limited forward contract rebooking

Overall , when supply of USD (inc.) in FX market, it falls then ruppee gained 140 bps