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Latest Questions

Q: What is an Initial Public Offering (IPO)?

A: When an unlisted company makes either a fresh issue of securities or offers its existing securities for sale or both for the first time to the public, is called an IPO. This is used for listing and...

Q: Can NRI trade in ETF?

A: Yes, NRIs can trade in ETF.

Q: What are the regulations regarding NRI investments in shares?

A: * Daily square off is not allowed for NRI i.e intraday trades are not allowed for NRI clients. * Clients can trade on delivery basis * All contract notes of either buy or sell has to be reported...

Q: What are the steps than an NRI has to follow for equity trading?

A: * Open a bank account with an approved designated bank branch * Take approval of designated branch for investments in Indian stock market * Open a demat account with a depository participant. *...

Q: How does NRI invest in equities?

A: NRIs are allowed to invest in Indian stock market under the portfolio investment schemes.

Q: In what way NRIs can finance the flat?

A: The purchase of the flats can be financed from the fresh remittance through the normal banking channels or from payment from the original non-resident account or from Non-resident (External)...

Q: What are the investment restrictions on NRIs for investments in mutual funds?

A: There are no investment restrictions on NRIs for investing in mutual funds. RBI does not restrict investment in mutual funds either on a repatriable or non-repatriable basis.

Q: Can I gift mutual funds to my relatives in India?

A: Yes. Certain funds do permit gifting of units. One should refer to the offer document of the specific fund to know the details.

Q: Can I repatriate my initial investments, earnings from redemption and any dividend arising from it?

A: If the investment is made on a repatriation basis, the net income or capital gains (after tax) arising out of investment is eligible for repatriation subject to regulatory guidelines in force at...

Q: Can an NRI redeem mutual funds with original documents through fax?

A: No, investors are not qualified to redeem mutual fund on the basis of fax applications due to some legal restrictions. A request without a valid signature always gets rejected.