A non-resident Indian (NRI) is an Indian citizen or a person of Indian origin who stays abroad for employment, business or vocation outside India, or stays abroad under circumstances indicating an uncertain duration.
A) CREATE YOUR ACCOUNT
NRI investors are allowed to invest in India on repatriable as well as the non-repatriable basis. You need to create your investment account by providing your necessary details as required, along with the scanned copies of the documents requested according to your tax and residential status. We also require your overseas address proof to get your KYC compliance done
B) ONE TIME MANDATE REGISTRATION
In case an NRI wants to start a SIP, he has to sign and send us One Time Mandate which enables auto deduction of monthly SIP from his bank account.
C) KYC FOR NRIs
You are a first-time mutual fund investor, then you might be required to furnish additional details, sign the KYC Form (which will be emailed to you as a downloadable link), sign and send us the hard copy of the form.
D) START INVESTING
The NRI can start making lump-sum (one time) investments online immediately after Investment Account registration. SIPs can be started online after the mandate is registered which usually takes around 20 to 30 working days.
1. An Indian Passport or OCI/PIO Card
2. PAN Card
3. Aadhar Card
4. An Overseas Address Proof
5. An NRE or NRO Account Bank Statement / cancelled cheque leaf
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