es, NRIs can invest in mutual funds in India through NRE/NRO accounts. Certain mutual fund schemes are specifically designed for NRIs, offering them opportunities to invest in diversified portfolios of stocks, bonds, and other securities.
NRI-specific mutual funds cater to the unique needs of NRIs, providing them with tax-efficient investment options and the potential for capital appreciation. These funds are managed by professional fund managers and offer diversification across various asset classes.
Interest earned on NRE accounts is tax-free in India, and the principal and interest are freely repatriable in foreign currency. Interest earned on NRO accounts is taxable in India, subject to applicable tax rates and deductions.may deteriorate, ultimately increasing your term policy premiums. Buying an online term plan allows you to secure your family at affordable premiums with a large life cover for a long tenure.
Yes, NRIs can invest in FDs and government bonds offered by Indian banks and financial institutions. The interest earned on these investments is taxable in India, and NRIs can choose between NRE and NRO accounts for their investments.
