Yes. NRIs from the USA can invest in PMS in India. PMS stands for Portfolio Management Services. They need the following 3 accounts to invest in PMS : A PIS Bank Account (a normal bank account where your money resides),  A Trading Account (a share broker account which allows you to trade in equity, F&O […]

Yes. You can invest foreign currency in India by opening an FCNR or Foreign Currency Non-Resident Deposit Account (NRI fixed deposit accounts for depositing money earned abroad in foreign currency for a fixed period ranging from 1 to 5 years with tax-free interest) with banks facilitating investments in all the freely tradable global currencies.   […]

“Non-Resident Indians are not eligible to open an account under the Public Provident Fund Scheme. However, Existing PPF investors, who become NRI before the maturity of the PPF account, can continue to invest in PPF till the completion of maturity period on Non-Repatriable basis.”   To get expert advisory at SBNRI, contact us using the […]

Portfolio Management Services (PMS) can be understood as the management of funds of HNIs (High Net-Worth Individuals: A wealthy person, in particular one with investable assets in excess of $1 million) by various wealth management companies or Portfolio Managers (people responsible for handling your account) who invest these funds into a varied range of stocks, […]