Video-Key Points on Mutual Fund Investment for NRIs Repatriation, Compliance, and Taxation
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Key Points on Mutual Fund Investment for NRIs: Repatriation, Compliance, and Taxation

● NRIs and OCI cardholders can invest

in Indian mutual funds, but PIOs

cannot.

● Some mutual funds may not accept

funds from U.S. and Canada residents

due to internal compliance.

● FEMA governs NRI mutual fund

investments, not FATCA.

● NRIs can invest through NRE (repatriable) and NRO (non-repatriable) accounts.

● Repatriable investments allow for easy money transfer, while non-repatriable investments have

restrictions on remittances. Taxation is uniform for residents and non-residents.

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