Repatriation-basis listed equity investment permits resident-outside-India investors subject to portfolio limits, divestment obligations, and foreign direct investment reclassification. Individuals resident outside India, including NRIs and OCIs, may trade listed Indian equity instruments on a repatriation basis through a designated ... Summary
Repatriation-basis listed equity investment permits resident-outside-India investors subject to portfolio limits, divestment obligations, and foreign direct investment reclassification.
Individuals resident outside India, including NRIs and OCIs, may trade listed Indian equity instruments on a repatriation basis through a designated Authorised Dealer branch, subject to individual and aggregate portfolio-investment limits. A breach must be divested within the prescribed period or the entire holding is reclassified as foreign direct investment, preventing further portfolio investment in that company. NRIs and OCIs may also invest without limit in specified domestic equity mutual funds and disinvested public sector enterprise shares, and may subscribe to the National Pension System subject to eligibility and repatriation conditions.
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