This is a risk-adjusted measure used to gauge the extent to which a manager has added value to the returns that could have been expected from a benchmark portfolio, while taking into account the fund’s sensitivity to that benchmark. I have considered Rs 2000 Crore as the minimum fund size for equity funds. Ratings can give you a first-level check to fund selection but you should understand that they are based on past data & can’t predict the future. So you would like to ask – what’s the Selection Criteria of the Mutual Funds in India to invest ? I just don’t want to focus on single criteria like performance or just a 5 star rated fund from a research house to select funds.īut I don’t want to add many filters to make it too complex for you to understand. NRIs will require lots of support during all phases of the investment.Ĭan NRIs invest in Mutual Funds in India? In a few AMCs, it’s easy to invest but at the time of redemption they create issues & ask for additional documents – so NRI should invest in Mutual Funds after getting proper guidance. In the case of the USA due to tax issues, it’s really tough to invest in Mutual Funds – NRIs should have a word with a tax expert or a financial planner before investing in Indian Mutual Funds.Įven where Mutual Fund houses allow the investment they require a separate letter for making a lump sum investment or for starting a SIP. In most cases, the answer is Yes but NRIs based in the US & Canada face some restrictions in a few AMCs.
In case you are naïve, take the help of a professional in a “professional way” (read pay his due advisory fees)īefore we start… Can NRIs invest in Mutual Funds in India?.The decision to invest should only be taken: Do not get carried away by simple past performance (Oh! If you consider last year’s performance you will not consider investing in equity funds).
You can also download the consolidated factsheet of the equity mutual funds for NRI from the end of the post.īefore we leap the same old age word of wisdom. I have covered the top schemes of Equity as well as Debt funds so that NRIs can think of building a proper portfolio. Check – Mutual Funds For NRI – Comprehensive Guide Best Mutual Funds For NRI