Equities (Repatriable)
- • Purchase of shares and debentures on repatriation basis through portfolio investment scheme (PIS)
- • Trading and demat account to be opened with DBFS, PIS account to be opened with any one of the designated bank (Doha Bank/ AXIS Bank/ IndusInd Bank/ Federal Bank/ IDBI Bank)
- • Only delivery based transaction permitted. No Intraday or BTST transactions
- • Do not trade in Banned and Caution scrip and prohibited sectors (as notified by RBI)
- • Ceiling on individual scrip – 5% of the paid up capital of a company
Mutual Funds (Repatriable)
- • Mutual Funds give easy access to professionally managed and diversified portfolios.
- • Mutual Fund through the Exchange platform has additional advantages like ease of transaction, holding of units in the demat account etc.
- • NRIs/PIOs/OCIs are permitted to buy mutual fund units on repatriation or non-repatriation basis.
- • Investments on repatriation basis should be made by way of inward remittance of foreign exchange through normal banking channels or out of funds held in NRE/FCNR account maintained in India.
ETF (Repatriable)
- • ETFs are exchange traded funds.
- • ETF products in a way replicate the indices on the Exchange, so as to provide returns that closely correspond to the index. ETFs are available on Indian Indices, International Indices, Gold etc.
- • Though ETFs are not settled through the SIP account, NRIs/PIOs/OCIs are permitted to buy ETFs on repatriation and non-repatriation basis.
- • Investments on repatriation basis should be made by way of inward remittance of foreign exchange through normal banking channels or out of funds held in NRE/FCNR account maintained in India.
PMS (Repatriable)
- • Portfolio Management Services (PMS) is an arrangement under which the Portfolio Manager manages client funds and securities for better returns.
- • Portfolio Management Services are most suitable for such high net-worth individuals who wish to take advantage of the opportunities in the capital market, but do not have the time or expertise to manage it on their own.
- • Minimum investment is INR 2.5 million.
- • NRIs/PIOs/OCIs are permitted to invest in PMS on repatriation and non-repatriation basis. In case of PMS on repatriation basis, transactions are done through the PIS account of the customer.
NPS - Pension Plans (Repatriable)
- • National Pension System (NPS) is a voluntary pension plan that is regulated by the Pension Fund Regulatory and Development Authority (PFRDA). NPS has been designed to enable systematic savings during the subscriber's working life.
- • All Indian citizens including NRIs aged between 18 – 65 yrs are eligible to join NPS – under All Citizen model.
- • NRIs/PIOs/OCIs are permitted to invest in NPS on repatriation and non-repatriation basis.
- • Investments on repatriation basis should be made by way of inward remittance of foreign exchange through normal banking channels or out of funds held in NRE/FCNR account maintained in India.