Mutual Funds for UAE-Based NRIs to Invest in India

Indian diaspora constitutes the largest population of the UAE, approximately 33% of the country’s population. NRIs living in UAE can invest in mutual funds in India to achieve their short and long-term financial goals, such as the purchase of house, child’s education, retirement, etc. However, there are some important guidelines and rules related to investment in mutual funds by NRIs. They need to adhere to Foreign Exchange Management Act (FEMA) to invest in mutual funds in India. Here are some of the best mutual funds for UAE-based NRIs along with guidelines.

Mutual Funds for NRIs in Singapore to invest in India

As India is one of the fastest growing large economies in the world, investment in the Indian stock market is a great opportunity for NRI investors to grow their wealth. Individuals with good market know-how can invest in stocks directly. However, investment through mutual funds is a more cost effective and less risky solution. All mutual fund houses allow NRIs to invest in their schemes, such as SBI mutual fund, HDFC mutual fund, ICICI prudential mutual fund, etc. In this article, we have covered some of the best mutual funds for NRIs in Singapore and other important details.

Mutual Funds for NRIs in Australia to Invest in India

Indians are the third largest migrant group in Australia. Many Indians have been migrating to Australia for study and jobs over a couple of years. Indians in Australia, including NRIs and PIOs (Persons of Indian Origin), are eligible to apply for various financial and banking services in India, such as NRI bank accounts, investment in stocks, mutual funds and exchange-traded funds (ETFs), etc. However, unlike resident Indians, there are limited mutual funds for NRIs in Australia. NRIs who want to invest in mutual funds in India have to follow some important rules and guidelines in Foreign Exchange Management Act (FEMA).

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