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19th June 2008, 01:14 PM
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 Invest in Mutal Funds in India from US Hello Indus Ladies, Would any one of you know whether we can invest in Indian mutual funds from US? If so, can you please guide me?
__________________ Regards Shobana       |
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19th June 2008, 11:42 PM
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| Re: Invest in Mutal Funds in India from US HI Shobana, You as an NRI can invest in mutual funds in india from any where in the world. provided the particular fund documents state that the nri's can invest in the scheme. This is easier because the Association of Mutual funds has taken approval from the RBI on behalf of the NRI's. So you need to read the offer documents clearly on the load, both entry and exit and also other details.... If you are opting for a systematic investment plan you can ask for a ecs, cheque from your NRE accounts. And most of the funds, do have a help centre to help investors. you could contact them. Hope this is useful.
__________________ Love, Shanthi A right cause never fails, a true word never hurts in the end. |
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