Can NRI Buy Direct Mutual Fund?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Yes, An NRI could buy direct Mutual Funds by opening an account (folio) with an Asset Management Company (AMC) i.e. ICICI, HDFC, Kotak, Reliance, etc.

The NRI Direct Mutual Fund investment is not available with popular brokers like Zerodha and 5paisa.

Topic: NRI Mutual Fund Investment Online in India Article

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