NRI Investments – frequently asked questions
Can NRI invest in Mutual Funds? & how?
How can NRI shortlist Mutual Funds?
Can NRI repatriate redemption?
What are the tax applicability for NRI?
Can NRI invest in Mutual Funds? & how?
Yes, NRI can invest in Mutual funds, except for NRI from USA/Canada (with conditions).Due to different regulatory requirements in USA/Canada, NRI can only invest in Mutual Funds which comply to USA/Canada regulations.
Account opening/ Documentation for an NRI: To invest in Mutual Funds, investor must first complete the KYC (know your client) documentation, as per SEBI guideline, which involves copy & details of; (more…)