NRIs in North America face FATCA SIP limits for Indian mutual funds, but two practical routes let you tap Indian markets: mutual funds via NRIs platforms or India-focused ETFs listed abroad.
• Through registered platforms: some fund houses—SBI, ICICI, Nippon, and UTI—allow NRI investments via Kuvera Global, Scripbox NRI, or MF Utility (with NRE/NRO). This circumvents direct SIP restrictions while staying compliant. [1] • Via international brokers: you can buy India-focused ETFs such as iShares MSCI India ETF – INDA and WisdomTree India Earnings Fund – EPI on US exchanges. [1] • If you have Indian bank accounts, complete your KYC and invest through CAMS or Zerodha Coin NRI—SEBI-registered paths that enable MF access. [1] • Tax note: profits from Indian MFs are taxable in India and must be declared in your resident country’s returns. Check local treaties for relief. [1]
For ETF enthusiasts, the US-listed route shines even more. Access core exposure with INDA and EPI while sidestepping SIP rules, a pattern many NRIs discuss. [1] Beyond single funds, theme ETFs like Nifty 50 ETF, Nifty Next 50 ETF, and Nifty 200 Quality 30 offer curated baskets; Nifty Midcap 150 Momentum 50 adds tilt. [2]
Practical pathways: use staggered investments (weekly or monthly) across two ETFs to balance risk—often recommended when you’re starting with limited portability. [2]
Bottom line: NRIs can still reach Indian markets—choose a route based on compliance, tax, and how hands-on you want to be with platforms or ETFs. [1]
References
How Canada/America residents invest in Mutual Funds Online?
NRIs in US/Canada seek Indian mutual funds; FATCA limits direct SIPs; use NRIs platforms or India ETFs online.
View sourceNeed suggestions with ETFs
NRI discusses Indian stock ETFs: N50, Next50, Quality30, Midcap Momentum; suggests 2-3 funds, staggered investments, due diligence for risk control
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