Can non-resident Indians (NRIs) invest in mutual funds? – InterviewSolution

1.	Can non-resident Indians (NRIs) invest in mutual funds?
Answer» Non resident Indians (NRIs) can investin Indian mutual fund SCHEMES SUBJECT to provisions applicable in the ForeignExchange Management Act. The FIRST step involves OPENING an NRE or NRO account. NRIs can invest on REPATRIABLE or non-repatriable basis using funds from the NRE or NRO accounts respectively

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