What is a Portfolio Investment scheme?

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• Is there any ceiling on the Investments under the Portfolio Investment Scheme?

  NRIs are allowed to invest in shares of listed Indian companies in recognized Stock Exchanges under the Portfolio Investment Scheme (PIS).  NRIs can invest through designated ADs, on repatriation and non-repatriation basis under the PIS route up to ...

• How Investment positions of NRIs are monitored?

  The Reserve Bank of India (RBI) monitors the investment position/s of NRIs/FIIs in listed Indian companies, as reported by designated banks, on a daily basis. When the total holdings of NRIs/FIIs under the Scheme reaches the limit of 2 percent below ...

• Is there any limit to the amount of investment an NRI can make in India?

  NRIs are permitted an unlimited amount of investment options through repatriable and non-repatriable transactions. However, as per the FEMA rules for NRIs, they cannot make investments in small savings or Public Provident Fund (PPF) schemes of the ...

• Can trading account be opened for person’s resident outside India who had been allotted shares under ESOP scheme?

  Listed Indian companies are allowed to issue shares under the Employees Stock Option Scheme (ESOPs), to its employees or employees of its joint venture or wholly owned subsidiary abroad who are resident outside India, other than to the citizens of ...

• Can an NRI transfer shares purchased under PIS to others under private arrangement?

  Shares purchased under Portfolio Investment Scheme (PIS) on stock exchange must be sold on stock exchange only. Such Shares cannot be transferred by way of sale under private arrangement or by way of gift (except by NRIs to their relatives as defined ...