There are certain restrictions for NRIs while investing in the share market in India, which are: An NRI cannot transact in India except through a stock broker or third parties like Zerodha NRIs cannot trade shares in India on a non-delivery basis*, that is, they can neither do day-trading nor short-sell in India. If they […]

Yes, it is mandatory to declare your NRI Status to the bank so that they can do the needful from their end. (Eg. Convert your Resident Savings Account to NRO Account etc.) As of now, you can still continue to subscribe to your PPF Account till its maturity (2023). But you won’t be able to extend […]

Every Portfolio Management Service Scheme has certain Fund Management charges that may vary up to 2.50%* of the investment amount depending upon the PMS provider chosen for investments.     What is PMS Service? Portfolio Management Services (PMS) can be understood as the management of funds of HNIs (High Net-Worth Individuals: A wealthy person, in […]

As per PPF Rules, firstly you need to inform the bank about the change in your status and then you can continue to subscribe to your PPF Account till maturity (15 years) but you won’t be able to extent it further.   To get expert advisory at SBNRI, contact us using the button below.   […]