Tag: nri mutual funds investment

Difference between balanced and balanced advantage fund

Categories of mutual funds under new categorization guidelines of SEBI With SEBI’s new guidelines on mutual funds categorization, scheme selection has become easy for the investors. Earlier mutual funds were having many schemes under same category making it difficult to select a scheme for investment. Under new categorization, mutual funds can be classified into 5

Can a Foreigner invest in Indian Stock market, if so, is it easy and worthy?

SEBI recently permitted Qualified Foreign Investors (QFIs) to invest in India without too many regulatory restrictions. The RBI has further allowed QFIs to invest up to $ 1 billion in the corporate bond market and debt schemes of mutual funds without any lock-in period. Earlier only FIIs, their sub-accounts, and NRIs were allowed to directly

Can NRIs residing in US invest in mutual funds in India?

At the outset, one needs to be clear that there is no difference between NRIs from US/Canada investing in India and for NRIs from other countries investing in India. The only difference is the fairly elaborate compliance requirements under FATCA or Foreign Account Tax Compliance Act. Fund houses stopped taking investments from the USA and

Acounts to be Opened For an NRI to Invest

NRI Account Opening Procedure The following are the accounts to be opened for an NRI to invest in India. Step 1: Trading account: This account enables one to buy/sell stocks Step 2: Demat account: This is the account where the shares you bought will be credited and shares you sold will be debited. Step 3: PIS Account –

NRI Investments In India

Investment in India has been made simple for NRIs , OCIs and PIOs Your NRI Trading Account with Tradeplus serves as one-stop-solution for investing in: • Mutual fund • Equity & Derivatives • IPOs • Bonds 1. Mutual Fund Investments Investment in Mutual Funds is generally seen as the best way to participate in Equity