Can NRI invest in Mutual Funds? Mutual Funds Investment Plans for NRI | Mutual Funds for NRI

In case of NRIs, no special approval is to be sought from authorities such as the RBI. They can invest in mutual funds on a repatriable basis or non-repatriable basis. … In this case, the investment money should be remitted through usual banking channels or from the NRE/FCNR account of the NRI investor.

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