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Can NRI invest in ETF in India?

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An NRI is allowed to invest in Exchange Traded Fund (ETF) in India on repatriation as well as non-repatriation basis.

Unlike an equity stock, an ETF is a basket of securities like stocks or bonds that invests in any industry sectors using various strategies. It is an investment fund/index fund being listed and traded on a stock exchange. An ETF has combined characteristics of a mutual fund and stock. An ETF can be traded just like a stock and its trading value is based on the value of its underlying assets.

An NRI will require an NRI trading account, Demat account, and bank account to invest in ETF just like in case of stock investments.


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