How to do Mutual Fund investment for NRI clients

If any BA or client wants to do investment in Mutual fund for NRI client, then as per MOSL process only NRO client can do investment with MOSL in MF.

NRO client can do only lump sum investment not SIP with MOSL. Process for lump sum investment is given below.

NRO client has to transfer the fund from his NRO saving account to MOSL equity ledger and BA or client has to give, confirmation to purchase the Mutual fund after fund realization.

As per the confirmation, purchase order will be placed through BSE platform.

Top

Happy with the solution or Did not find what you were looking for?

Write to us faqfeedback@motilaloswal.com