How to Invest & Withdraw
Mutual Funds for NRIs
How NRIs invest, taxes and US/Canada restrictions.
Updated 27 September 2026 · SEBI rules as of 2026
Accounts
NRE (repatriable) / NRO (non-repatriable)
How to Invest & WithdrawOverview
NRIs can invest in Indian mutual funds on repatriable (NRE) or non-repatriable (NRO) basis after KYC. Some AMCs restrict investors resident in the US and Canada because of FATCA compliance. TDS is deducted on capital gains at applicable rates.
| Particular | Details |
|---|---|
| Accounts | NRE (repatriable) / NRO (non-repatriable) |
| KYC | Overseas address, passport, PAN |
| TDS | Deducted on gains |
| US/Canada | Only selected AMCs accept |
| DTAA | May reduce tax in country of residence |
Checklist
- Update residential status in KYC
- Link NRE/NRO account
- Check AMC acceptance for US/Canada
- Get TDS certificates for tax filing abroad
Frequently asked questions
Can NRIs start SIPs?
Yes, via NRE/NRO mandates.
Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Information is educational and may change with SEBI / tax rules — verify with the AMC, AMFI or SEBI. FinancePortal is not an investment adviser.