NRI Investment Services
Living abroad, investing at home — from Canada, the UK, the Gulf, Australia or anywhere else.
Overview
NRI Investment Services
Non-resident Indians can invest in Indian mutual funds on a repatriable basis through an NRE account or on a non-repatriable basis through an NRO account. KYC, FATCA/CRS declarations and the right bank account are what make it work.
Punjab has family across the world, and so do our clients. We work over email, phone and WhatsApp across time zones, so you can invest and get servicing done without travelling to India.
What we help with
What is included
NRE and NRO routes
Which account to invest from, and what it means for repatriation of proceeds.
KYC for NRIs
Overseas address, passport, visa or OCI documents and KYC modification when residency changes.
FATCA / CRS declarations
Correct tax-residency declarations, which AMCs need before they accept the investment.
US and Canada residents
Many AMCs restrict investments from US and Canada residents; some accept them with extra declarations. We tell you which.
TDS and repatriation
How tax is deducted at source on redemptions, and the documents your bank asks for to send money abroad.
Remote servicing
Statements, nominations and redemptions handled by email and WhatsApp, on your time zone.
How it works
Four simple steps
Share your residency details
Country of residence, bank accounts in India and current KYC status.
Complete KYC and FATCA
We help you update KYC and file the FATCA/CRS declaration.
Choose eligible schemes
Only schemes whose AMC accepts investors from your country.
Invest and stay in touch
Invest online from NRE/NRO and receive statements by email.
Questions
Frequently asked
Can I invest if I live in Canada or the US?
Yes, with some AMCs. Several AMCs do not accept US or Canada residents, while others accept them with additional declarations. We will tell you which schemes are open to you.
Do I need to visit India?
Usually not. KYC and investments can mostly be completed online, though some AMCs may ask for documents to be attested.
Is TDS deducted on my redemptions?
Yes. For NRIs, the AMC deducts tax at source on capital gains at the time of redemption, as per the rates in force.
Good to know
- AMC acceptance of investors from the USA and Canada changes from time to time. Please check before investing.
- Tax treatment depends on Indian tax law and the tax treaty with your country. Consult your tax professional.
- Mutual fund investments are subject to market risks.
Ready to take the first step?
Talk to us about KYC, your first SIP, an NRI investment or an insurance renewal. We reply on call, email and WhatsApp.