| More and more Indians want to migrate to | | | | Just attach your pan card copy and send it to the |
| various countries with the increasing job | | | | respective mutual fund institution in India. Once |
| opportunities cropping up worldwide. However, | | | | the application form gets submitted, the |
| being Indian we want to stay connected to our | | | | acknowledgement receipt is being forwarded to |
| country and therefore look for different | | | | you. You may also want to check the best |
| investment avenues. As a matter fact, non | | | | mutual funds before investing the money you |
| resident Indians can make investments in almost | | | | care about. |
| every scheme that are available to a resident | | | | Redemption is equally simple where you just have |
| Indian. | | | | to put your signatures on the tear off portion |
| They can invest in shares, debentures, even | | | | present in your account statement and mail it to |
| portfolio investment and government securities | | | | the company. You should also mention the |
| schemes. However, they cannot invest in Public | | | | amount you want to redeem. The proceeds |
| Provident Fund (PPF) or National Savings | | | | directly get credited to the NRO or NRE account. |
| Certificate (NSC) or even Kisan Vikas Patra. | | | | Of all the mutual funds available in the market, |
| These investment options are not possible when | | | | Reliance growth fund is one of the most popular |
| you change your address. | | | | choices of many investors willing to achieve long |
| The existing investments cannot be disturbed and | | | | term growth. It is an open-ended equity growth |
| you can keep contributing to your PPF account | | | | scheme with an objective to reach long term |
| from abroad through NRE or NRO account. The | | | | capital growths. It is an instrument where in the |
| proceedings get credit to your NRO account on | | | | investments are made in equity related securities |
| maturity. NRI mutual fund investment is | | | | based on research investment approach. |
| considered to be the best option because of the | | | | The mutual fund industry is considered to be the |
| various benefits. | | | | safest mode of investment for small as well as |
| There are no procedural changes for mutual fund | | | | big investors. The flexibility in terms of needs |
| investments. Money transaction can be easily | | | | based choices make mutual funds to be the best |
| managed by a local bank in abroad. The money | | | | option. Best mutual funds are those which have |
| can be moved out or remitted to your NRE | | | | shown considerable growth in the returns for a |
| account without any problem. Dividend proceeds | | | | period of years. |
| will be credited to the same account. | | | | Reliance capital is one of the fastest growing |
| The procedure for NRI mutual fund investment is | | | | private sector financial services company. The |
| very simple and easy. The institution sends you | | | | two major equity funds known as the Reliance |
| the form through email which can be easily | | | | growth fund and Reliance vision fund have shown |
| downloaded. You should then take the printout of | | | | uninspired performance during this decade. |
| the form and fill it carefully. You just need to | | | | Mutual funds are managed professionally by the |
| attach a check drawn on your NRE or NRO | | | | fund managers who monitor the market trends |
| account with the application form. | | | | for taking all the investment decisions. |