NRI Corner - Your Guide to Navigating Life as an NRI Investor

NRI Investor In India (Mutual Funds / SIP / Equity Market)

Non-Resident Indians (NRI), Persons of Indian Origin (PIO), and Overseas Citizens of India (OCI) can Invest in Mutual Funds through Lump-sum or SIP at any time anyway. They do not need to take permission from RBI or any banking agencies.

They are supposed to provide simple KYC documents like Aadhar Cards, Driving Licence, PAN Card, Passport Size Photos, Bank Proofs, and other required details. After KYC they can Invest as normal investors in India.

If they are investing in India they must select some advisory agency that can help and guide them from time to time so that they will not face any difficulties during the Investment process. Any Non-Resident of India (NRI) Investor can use any Bank Account of NRE or NRO as per their comfort.

As everyone knows Indian economy is in a fast developing mode hence Equity Market and Mutual Funds Investment definitely can offer good returns hence any mistake or selection of wrong funds can impact high returns. Selection of the right funds can give the best return and they can easily accumulate a return of 15 to 25% of annual return through the right Advisory Services.

Here Allneeds Advisory Services is more suitable as it provides Online Transaction and Offline Advisory Support. NRI Investor In India (Mutual Funds / SIP / Equity Market) can also plan for their different life needs like Retirement Planning, dream house Planning, and Dream Car Planning.

As they are already in foreign countries still they can plan for their Dream tour Planning, They can also plan for Child Education and Higher Education Expenses Planning. Their Tax Planning is also required as well as Emergency Funds Planning. So they also need Full Financial Planning as usual. Check the below table for Investments in  SIP (Systematic Investment Plan) Amount and their return.

NRI Investor In India (Mutual Funds / SIP / Equity Market) can also Invest in Mutual Funds through Lump-sum must invest under expert observation to get good results. As they are Investing in the Emerging Market of India and planning to get a good result or return from their Mutual Funds Investment, must be planned and the portfolio of Mutual Funds Investment should be balanced as per their risk-taking capacity and Individual needs.

Selection of the right funds, Best Mutual Funds in India is only applicable once they have good knowledge about the products. The rating of Mutual Funds can be changed anytime as per their performance and funds house reports.

Rules for Tax Planning and Tax Benefits for NRI (Non-Residential Indian) in India.

An individual who is residing outside of India for more than 182 days in India in a Year or 365  Days or 365 Days in 4 Years considering 60 days minimum in a year can get Tax benefits under Income Tax Act 1961, as below:

NRE Account: NRE (Non-Residential External) Account having Interest Income is Tax Free.

NRO Account: NRO (Non-Residential Ordinary) Account having Interest Income Taxable as normal 30%.

There is no tax applied once the amount is withdrawn from the Foreign Currency Non-Resident Account. Individuals should not Pay Tax in two locations which is being taken care of by the Indian Government.

When an NRI invests in Mutual Funds and sells it before the completion of One Year then Short Term Capital Gain Tax (STCGT)  of 15 % is charged on the profit amount. If the holdings are sold after One Year then the profit amount of more than One Lakh is being taxed 10% as Long Term Capital Gain Tax (LTCGT)

In the case of Debt Funds sold after three years only 20% Tax is charged, If the Debt fund is sold out before three years then 30% of the normal tax is applied by the Government of India.

There are many Government agencies responsible for regulating rules and regulations for tax and other liabilities on NRI (Non-Resident Indians).


  • RBI (Reserve Bank of India)

  • Secretariat for Industrial Assistance

  • Authority for Advance Ruling for Customs and Central Excise

  • Authority for Advance Ruling for Income Tax

  • Foreign Investment Implementation Authority

  • SEBI (Securities and Exchange Board of India.)

NRI (Non-Resident of India) can invest in the Equity Market, Mutual Funds, Fixed Deposits, Different Bonds, etc. Allneeds Advisory Services Pvt Ltd. Provides one-stop solutions for all the above-mentioned products.