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How can NRIs invest in Mutual Funds in India? | Investing in Mutual Funds in India | Groww NRI

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26 Feb 2024 174 0

How can NRIs invest in Mutual Funds in India? | Investing in Mutual Funds in India | Groww NRI

In this video, we'll explain how NRIs can invest in Mutual Funds in India, and show you some of the benefits of having an NRE account. We'll also discuss the different types of bank accounts available to NRIs for investment.

If you're looking to invest in Mutual Funds in India or to grow your savings overseas, then this video is for you! We'll explain everything you need to know about NRIs investing in Mutual Funds in India and show you some of the available benefits.

Timestamps
00:00 - Introduction
00:41 - What are Mutual Funds?
02:27 - Categories of Mutual funds
02:55 - Who regulates investments for NRI?
03:37 - How to know you're an NRI? (Residential Status)
04:56 - Procedure to invest in Mutual Funds as an NRI
05:08 - Which bank account needs to be set up?
06:08 - Investing on Repatriation basis
07:24 - Medium to invest
08:55 - Documentation required
10:23 - KYC Attestation
11:24 - Taxation of Mutual Funds
13:47 - Conclusion

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