Can NRI invest in mutual funds?

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Are you a day trader?

Yes, any person with the status of NRI can invest in Mutual Funds India as long as they comply with the FEMA (India) regulations as well as regulations of the country where they reside.

An NRI has to go through an account opening and KYC process before investing in Mutual Funds. They need 3 accounts including an NRI bank account, a demat account and a trading account with a broker or folio account with AMC.

Once all the accounts are set up correctly, the online mutual fund investment is very easy.



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