Can an NRI invest in Indian stocks and mutual funds through an NRE account? Here's what you need to know
New Delhi, Aug. 14 -- Many non-resident Indians (NRIs) continue to invest in Indian equities and mutual funds to maintain exposure to the country's relatively diversified market, with representation across FMCG, information technology, automobiles, oil and gas, financial services and pharmaceuticals.
NRIs and overseas citizens of India (OCIs) are allowed to invest in Indian securities, though the process comes with additional documentation, account requirements and regulatory restrictions that resident investors do not face.
Mutual fund asset management companies in India cannot accept investments in foreign currency. The same rule applies for stock trading, meaning if you are residing outside India, you cannot directly invest in the co...
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