NRIs (Non-Resident Indians) and Persons of Indian Origin (PIOs) have the opportunity to invest in mutual fund schemes in India without needing special approval from authorities like the RBI. They have the flexibility to choose between a repatriable or non-repatriable basis for their investments. To invest on a repatriable basis, NRIs must maintain an NRE or FCNR account with a bank in India, allowing them to remit the investment amount through standard banking channels or from the NRE/FCNR account. 

Similarly, investments can be made on a non-repatriation basis, utilizing funds from an NRO account or the NRE/FCNR account of the investor.

At SSS Distributors, we’re dedicated to facilitating informed investment decisions for NRIs and PIOs. Our range of mutual fund options is designed to align with your financial goals, offering the chance to participate in India’s economic growth. Begin your journey towards wealth accumulation and financial security with us today.

Can NRIs invest in mutual funds?

Yes, NRIs (Non-Resident Indians) and Persons of Indian Origin have the opportunity to invest in mutual fund schemes in India without needing special approval from authorities such as the RBI. They have the flexibility to choose between a repatriable or non-repatriable basis. To invest on a repatriable basis, NRIs must hold either an NRE account or FCNR account with a bank in India.

 In such cases, the investment amount should be remitted through standard banking channels or from the NRE/FCNR account of the NRI investor. Similarly, investments can be made on a non-repatriation basis, utilizing funds sourced from an NRO account or the NRE/FCNR account of the investor.

At SSS Distributors, we’re committed to assisting you in making informed investment choices. Our range of funds tailored for NRIs is designed to align with your financial objectives, providing you with the opportunity to participate in India’s ongoing growth trajectory. Begin your journey towards wealth generation and securing your financial future with us today.

Which mutual funds allow NRI to invest?

Most mutual funds in India are open to NRI investments. NRIs can invest in a wide range of funds, including equity, debt, hybrid, and thematic funds, depending on their investment goals and risk appetite.

Are mutual funds taxable for NRIs?

Yes, mutual funds for NRIs are taxable in India. The tax treatment depends on factors like the type of mutual fund and the duration of investment.