Tag: NRI Mutual Funds

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

How can an NRI access listed currency derivatives?

The Securities & Exchange Board of India (SEBI) has recently permitted the NRIs to hedge their currency risk through the Exchange Traded Derivatives (ETD). Currently, ETDs are permitted in the form of futures and options on select currency pairs on hard currencies like the US Dollar, Euro and the Yen. Of course, the Dollar pair