scorecardresearchHow can NRIs invest in mutual funds in India

How can NRIs invest in mutual funds in India

Updated: 11 Jun 2022, 09:41 AM IST
TL;DR.
Although there is no restriction for NRIs to invest in mutual funds, but they can’t do so in a foreign currency. So, they must have a bank account in India
Notwithstanding some logistical hassles, they are very well permitted to invest in domestic fund schemes, albeit in the local currency.

Notwithstanding some logistical hassles, they are very well permitted to invest in domestic fund schemes, albeit in the local currency.