Could you clarify which of these asset management companies (AMCs) allow online investments for NRIs based in the US? I have an MFU online and a myCAMS account.
—Ravikiran R
Not all mutual fund companies (or AMCs) make their funds available for investments to customers who live in the US or Canada. This is due to regulatory constraints and restrictions in those countries. However, fund houses, such as Birla Sun Life, UTI and SBI MF do make their funds available. All these fund houses allow investment through their own online portal, and hence you would be able to invest online in these funds. They may require (differs from AMC to AMC) some paperwork initially to set up your account in the website.
