NRI investments: the rules, explained

Yes. NRIs can invest in Indian deposits, mutual funds, listed shares, government securities and property, subject to RBI and SEBI rules, using NRE or NRO funds or money remitted from abroad. KLICK NRI does not give investment advice; speak to a SEBI-registered investment adviser.

Yes, through NRE or NRO accounts after completing KYC with the fund house. Some fund houses limit investments from residents of the US and Canada. SIPs work the same way as for residents.

Yes. NRIs generally need an NRE or NRO bank account, a demat account and a trading account set up for NRIs, and some routes use a Portfolio Investment Scheme (PIS) account with the bank.

Interest on NRE accounts and FCNR(B) deposits is tax-free in India while you are non-resident. Most other income from Indian investments is taxable in India, subject to tax treaties. This is general information; speak to a chartered accountant (CA) about your situation.

Investments made from NRE or FCNR funds are usually repatriable with their returns. Investments made from NRO funds follow the NRO limit of up to USD 1 million a financial year after tax.

No. KLICK NRI compares loans and introduces clients to lenders through an authorised DSA. We do not advise on investments, and nothing here is a recommendation. Speak to a SEBI-registered investment adviser.

A Portfolio Investment Scheme (PIS) account is an arrangement with a designated bank that NRIs have traditionally used to buy and sell listed shares on Indian stock exchanges. Ask your bank and broker which route applies to you.

Yes. NRIs can open a demat account linked to an NRE or NRO bank account, usually with a matching NRI trading account.

Yes: NRE and NRO fixed deposits in rupees, and FCNR(B) deposits in foreign currency. Rates vary by bank.

NRIs cannot open a new PPF account. A PPF account opened while resident can generally continue until maturity.

Yes, NRIs can subscribe to NPS, subject to its rules on contributions and withdrawals.

Yes. Capital gains on Indian mutual funds are taxable in India, and the fund house usually deducts tax at source when you redeem. This is general information; speak to a chartered accountant (CA) about your situation.

Yes, NRIs can invest in certain government securities using NRE or NRO funds, within RBI rules.

SEBI regulates securities markets, mutual funds and investment advisers; RBI regulates banks and foreign-exchange rules. Only SEBI-registered advisers can give investment advice for a fee.