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What are the options available for an NRI to invest in Shares & Securities in India?

April 26, 2017India invest NRI Options securities Shares

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What are the options available for an NRI to invest in Shares & Securities in India?

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There are many schemes through which an NRI can invest in shares and securities in India. Depending upon the selected scheme the investment can be classified as ‘Repatriable’ or ‘Non-repatriable’. The investment options are as follows: • An NRI can purchase shares or convertible debentures of an Indian Company on a Stock Exchange, under the Portfolio Investment Scheme on repatriation and / or on non-repatriation basis, provided the Indian Company is not engaged in the Print Media sector. • A non-resident Indian or a registered FII may purchase securities, other than shares or convertible debentures of an Indian company on repatriation and / or on non-repatriation basis. • An NRI may invest in exchange traded derivative contracts approved by SEBI from time to time out of rupee funds held in India on non-repatriable basis, subject to the limits prescribed by SEBI. Such investments will not be eligible for repatriation benefits [FEMA Notification No.85/2003-RB, dated 17-1-2003].