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Can USA NRIs invest in ELSS Mutual Funds

I am NRI USA, so can I invest in ELSS scheme?

Oct 26, 2016 by Naranbhai Patel, Baroda  |   Mutual Fund

Yes, you can invest in ELSS Mutual Funds in India even if you are a US NRI. However, please note that all AMCs in India do not accept investments from US NRIs. Therefore, please note that only the following AMCs will accept your investments in mutual funds -

ICICI Prudential Mutual Fund, SBI Mutual Fund, Biral Sun Life Mutual Fund, UTI Mutual fund, Sundaram Mutual Fund, IDFC Mutual Fund, DHFL Pramerica Mutual Fund, L&T Mutual Fund and PPFAS Mutual Fund to the best of our knowledge and information. Thanks.

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