According to Chitra Iyer, COO & Financial Coach at MFA, NRIs can invest in mutual funds; in fact they can invest both as in non-repatriable as well as patriable basis.
NRIs can invest in mutual funds; in fact they can invest both as in non-repatriable as well as patriable basis. It’s only in case of money market mutual fund that it can essentially be done only on non-repatriable basis.
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First Published on Dec 12, 2013 12:20 pm