What investment options are available to me for my repatriable corpus?
• Non Resident Indians can invest in Government Securities and Treasury Bills through a Primary Dealer. The same will be issued to Non Resident Indians in a dematerialized form, and Non Resident Indians have to establish to the primary dealer that the source of funds is external in order to allow Non Resident Indians to put the proceeds on maturity into an NRE account. • Non Resident Indians can purchase and redeem units of domestic Mutual Funds, by simply mentioning Non Resident Indians status as NRI in purchase form, and by issuing a cheque from Non Resident Indians NRE account. However, if Non Resident Indians invest in the Money Market Mutual Fund, they will not be permitted to repatriate proceeds of redemption. • Non Resident Indians are also permitted to invest in Bonds issued by public sector undertakings (PSUs) in India from Non Resident Indians NRE account and credit the proceeds back into the NRE account. • Non Resident Indians can purchase Shares, both in the Primary as well
