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Can investments made under different schemes be held under a single demat a/c?

April 26, 2017demat different held investments Schemes

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Can investments made under different schemes be held under a single demat a/c?

3 Answers

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No. Securities received against investments under ‘Foreign Direct Investment scheme (FDI)’, ‘Portfolio Investment scheme (PIS)’ and ‘Scheme for Investment’ on non – repatriation basis have to be credited into separate demat accounts. Investment under PIS could be on repatriation or non – repatriation basis. Investment under FDI scheme is on repatriation.

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No. Securities received against investments under Foreign Direct Investment scheme (FDI), Portfolio Investment scheme (PIS) and Scheme for Investment on non repatriation basis have to be credited into separate demat accounts. Investment under PIS could be on repatriation or non repatriation basis. Investment under FDI scheme is on repatriation.

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No. Securities received against investments under Foreign Direct Investment scheme (FDI)’, Portfolio Investment scheme (PIS)’ and Scheme for Investment on non repatriation basis’ have to be credited into separate demat accounts. Investment under PIS could be on repatriation or non repatriation basis. Investment under FDI scheme is on repatriation.