How can NRI invest in mutual funds?

[culture]

Many of the NRIs would be having this question lingering in their minds. Well. NRIs can invest in mutual funds because mutual funds are nothing but a collection of bonds/shares therefore anyone can venture into this and get hold of desirable number of shares upon investment.

 

[Student]

NRIs can invest in mutual funds, infact the ceiling for NRI investment is just 2 percent below the ceiling of local citizens. Apart from mutual funds, NRIs can also invest in direct shares/debentures in the company. However the percentage investment does vary from FII to mutual funds investment.

 

[sneha6858]

Yes, NRI can invest in Mutual funds. There are many online facility by which you can get a good financial advice for your investments. Check out: Mutual Fund Quiz