Can NRI's invest in Mutual Funds

#1
Hello All,

Just recently joined this group. I am from USA and actively invest in the US market. As an NRI can I invest in stocks or Mutual funds markets in India. I have heard that one can invest but at the time of repatriable of your investment RBI has stringent laws for NRIs.

Can someone provide their views and expertise on this matter.

Thanks,
KJ
 
#2
Hello All,

Just recently joined this group. I am from USA and actively invest in the US market. As an NRI can I invest in stocks or Mutual funds markets in India. I have heard that one can invest but at the time of repatriable of your investment RBI has stringent laws for NRIs.

Can someone provide their views and expertise on this matter.

Thanks,
KJ
nah,KJ,nothing of the sort...........no issues in investing in Indian MF's for NRIs.No problems in repatriation of funds either.

Saint
 

lvgandhi

Well-Known Member
#3
nah,KJ,nothing of the sort...........no issues in investing in Indian MF's for NRIs.No problems in repatriation of funds either.

Saint
Dear Saint,
I have read in Valueresearchonline.com that dividends and redemptions from some fund are taxed differently for NRIs. For each fund applicable sections of ITact is given in http://www.valueresearchonline.com/