E-Wealth Account Opening For NRI Clients

What are the types of E wealth accounts a NRI client can apply for ? NRI Clients can apply for two types of E wealth account. Can securities purchased under repatriable & non-repatriable categories be held in a single EWealth account? No. An NRI must open separate Ewealth accounts for holding ‘repatriable’ and ‘non-repatriable’ securities. …

NRI Investments in Mutual Funds in India: The Basics

Can Non Resident Indians( NRI) Invest in Mutual Funds in India ? Yes, Non Resident Indians (NRI) can invest in Mutual funds in India. Who is a Non Resident Indian ? “A non Resident Indian ( NRI) means a person residing outside india but is a citizen of India or is a person of Indian …