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Zerodha (Trade with the best stock broker)
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.
NRIs can invest in mutual funds in India directly or through a PoA. A PoA is a legal document authorizing a designated person to operate a mutual fund folio or account on his behalf. The PoA holder can make transactions on a folio as per the powers vested to him on the PoA document.
Key facts about PoA for NRI Mutual Funds:
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