Mutual Fund Investment for NRI from USA

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  #1  
Old 17th May 2006, 01:37 PM
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Cool Mutual Fund Investment for NRI from USA



I am an NRI living in USA. Can some one help me how I can invest in Mutual Funds in India. How difficult it is to invest or switch funds. ??

Jatin
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Old 17th May 2006, 02:10 PM
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Default Re: Mutual Fund Investment for NRI from USA

Hello,

If you plan to invest more than 50000 in any single MF you will need a pan card, as your profits accumulate and should they go beyond 50000 to redeem once again you'd need a pan card. Please apply for a pan card.

What sort of fund do you want to invest in, equity?debt?balanced?

Please post your MF question in the MF section, you have posted the same question all over the board.

Thanks
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