Can NRI invest in shares, debentures and units of Mutual Funds in India ?
NRI are permitted to make direct investments in shares/debentures of Indian companies/units of mutual funds. They are also permitted to make portfolio investments i.e. purchase of share/debentures of Indian Companies through recognized stock exchange. These facilities are granted both on repatriation and non-repatriation basis.
NRI are permitted to make direct investments in shares/debentures of Indian companies/units of mutual fund. They are also permitted to make portfolio investments i.e. purchase of share/debentures of Indian Companies through stock exchange. These facilities are granted both on repatriation and non-repatriation basis.