We offer the entire gamut of financial planning and advisory services to NRIs and also provide additional services such as tax filing in India. We are associated with experts in US, Singapore and UK tax laws besides the Indian laws and thus are able to help NRIs with taxation issues as well.

We also provide expert advice and execution with respect to investments in the US as well to clients having assets in the US. Similar tie-ups with experts in other countries are likely.

Basic Services provided to clients under our financial planning services are as follows:

• Monthly statements on portfolio - Mutual Funds & Equity.
• Recommendations of entry & exit based on detailed research and analysis of the market, economy and individual funds, schemes and scrips.
• Periodic review and restructuring of portfolio in response to client needs and market dynamics.
• Operational support & execution mainly through e-mail for facilitating transactions (courier & telephonic support can be provided as and when required), SIP reminders and Dividend updates.
• Recommendations on insurance policies best suited to client requirements and needs.
• Monitoring of Unit Linked Insurance Policies with monthly updates and recommendations of Top-ups and fund switches.
• Operational assistance and execution in terms of Insurance policies - Premium reminders.
• Recommendations and Operational assistance for other financial transactions like RBI Bonds, Life Insurance advice, Investment in IPO's, Capital Gains Bonds, Demat account opening, Housing loan assistance and Investment-related Tax planning.
• Bi - Monthly Newsletter
• A Relationship Manager, who will be the contact point for all queries, transactions and any kind of assistance.
• A quarterly discussion on the portfolio and/or any specific requirements with the Relationship Manager.
• Filing of Income Tax Returns in India.

NRIs have many options to choose from for their investment in India: - Mutual Funds
- Direct Equity
- Art
- Property
- Bank Deposits We allocate funds for investment depending on your goals and risk appetite determined through an exercise of Financial Planning. Thereafter using asset allocation strategies to distribute assets and minimize risks, investments are made in a structured, hierarchical manner as below:
Diversify by
a) Country
b) Currency
c) Asset class (financial, physical & alternate assets); Step 1 : We define and determine your needs and accordingly recommend a scheme or multiple schemes.
Step 2 : The investment forms are then emailed to you, which you print, sign and send by post/courier.
Step 3 : A demand draft needs to be ordered through your bank and delivered directly to us: this avoids the problem of loss of cheques in transit.
Step 4 : On receipt of the forms and drafts, we scan and send you a copy of the filled application form for your records.
Step 5 : The investment form is processed at the appropriate time for investment (as determined by us) and you receive the account statement by email.
Step 6 : We send you regular updates of your portfolio on a monthly basis, and recommendations for exit as and when required.

A few things to note here are:

1. Amount invested from NRE Account is repatriable.
2. Amount invested from NRO Account is non-repatriable.
3. All investors are required to submit PAN (Permanent Account Number) cards before investing. We can assist you with PAN application if required.
4. We provide support for filing taxes in India.
5. Our mutual fund research involves:

- Past performance- Over different periods of time from 1 week to 5 years;
- Fund Manager and past track record;
- Interaction with Fund Manager and continuous interaction with the MF team, which keeps us updated;
- Sectoral allocation: While recommending schemes, we ensure your investment is spread across sectors/ themes for diversification. - Market capitalisation: We ensure an appropriate balance between mid-cap and large-cap stocks. NRI investments in the secondary markets are governed by SEBI through special regulations. NRI's must have a Portfolio Investment Services Account (PINS), through which money will be routed to the secondary markets.

The documents that are required are as follows:

1. Proof of Identity (PAN Card)
2. Proof of address (both Indian and Overseas)
3. Proof of bank (if holding an NRE/NRO account in India)
4. Copy of Passport with the Visa stamp
5. DP statement (if applicable)
6. Copy of the PIO (Person of Indian Origin) - if applicable

To transact and invest through International Money Matters Pvt. Ltd. You need to open all the required accounts with the Kotak Group - the bank accounts with Kotak Mahindra Bank and the trading and DP account with Kotak securities. The basic procedure for opening the accounts and trading remains the same but certain additional permissions and restriction are in place for NRIs.

Permission from the RBI is required for opening the accounts, which will be obtained by Kotak Mahindra bank on your behalf. This is to facilitate the easy transfer of money from the bank account to the trading account.

As per RBI regulations, NRI's are not allowed to trade in the Futures and Options segment or execute intraday trades through this set up. The number of scripts and the number of shares that can be bought by NRI's are fixed for every company by RBI.

Derivatives trading however is allowed but only on a Non-Repatriation basis. Investor accounts would be monitored directly by the NSE and a Unique Client code will have to be taken from National Securities Clearing Corporation Ltd (NSCCL) which is mandatory. The NSE would assign a unique client code to each NRI, based on the application received from the Clearing Member of the NRI.

Margin Payment :
You will have to give adhoc margin which should be 10% more than actual margin payable on the position you wish to take in the market. You can offer stock as margin, but you will be charged interest on the same.

Profitability :
No Mark-to-market profits will be given to an NRI on a daily basis. You shall be paid realized profit on expiry of each month or on square off of position. Kotak Bank will be sent the contract notes for the transactions through E-mail for verification of capital gains. No set off against losses will be allowed.

You could also invest in other sectors such as Art (we are associated with the only delivery based art fund in the country) and Real Estate (our division Square Feet handles personalised requirements in Bangalore, Mysore and other locations). More details on these can be provided on request.