Can NRIs invest in exchange traded funds (ETFs)?
Absolutely, Non-Resident Indians (NRIs) have the liberty to invest in Exchange Traded Funds (ETFs). This can be done on either a repatriation or non-repatriation basis, offering flexibility depending on individual financial strategies and needs.
Related Articles
What types of bank accounts are available for NRIs to open?
In line with the Foreign Exchange Management Act (FEMA) regulations, Non-Resident Indians (NRIs) are not permitted to maintain regular savings accounts in India. They are required to open either an NRO (Non-Resident Ordinary) account or an NRE ...
Is currency derivatives trading allowed for NRIs?
Non-Resident Indians (NRIs) are not permitted to engage in currency derivatives trading due to current regulatory guidelines. NRIs seeking to invest in other financial instruments or require assistance with an account setup for permitted trading ...
What is the investment limit for NRIs in India?
Non-Resident Indians (NRIs) have the flexibility to invest unlimited amounts in various investment avenues in India through both repatriable and non-repatriable means. It's important to note, though, that FEMA regulations place certain restrictions ...
Can NRIs Open Both NRE and NRO Trading Accounts?
Yes, Non-Resident Indians (NRIs) have the option to open two distinct trading accounts for Non-Resident External (NRE) and Non-Resident Ordinary (NRO) funds. These accounts cater to different needs and have separate regulations concerning ...
Can NRIs apply for IPOs through the FYERS account?
Indeed, NRIs have the option to apply for Initial Public Offerings (IPOs) using their FYERS Demat account, specifically by linking their NRO Non-PIS (Non-Portfolio Investment Scheme) account. This particular account streamlines the application ...