Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the procedure to be followed for making investment in the schemes of domestic Mutual Funds with repatriation benefits?

April 26, 2017Benefits domestic followed Investment Mutual funds procedure Repatriation Schemes

0

10 Posted

What is the procedure to be followed for making investment in the schemes of domestic Mutual Funds with repatriation benefits?

1 Answer

0

10 Posted

Reserve Bank has granted general permission to domestic mutual funds to issue units/similar instruments to NRIs/OCBs on both repatriation basis and non-repatriation basis.