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Can NRI/ PIO invest in Indian Capital Market and Mutual Funds?

April 26, 2017indian capital market invest Mutual funds NRI PIO

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Can NRI/ PIO invest in Indian Capital Market and Mutual Funds?

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Yes, NRIs/PIOs 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.