NRIs can invest in mutual funds in India, although they are subject to certain special rules when it comes to tax and foreign exchange. Several platforms allow NRIs to invest in India from their country of residence in a fully online process such as Kuvera, Clear and Scripbox. However, some mutual fund houses do not take mutual fund applications from the US or Canada because of the heavy paperwork involved under the FATCA (Foreign Account Tax Compliance Act).
Financial Terms Like Mutual Fund, IPO and Bond Now In Sign Language For Differently-Abled
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