Financial Education
Question #62
I am an NRI. Can I invest in mutual funds through Fincare services?
Yes, NRIs can open a Fincare services account and invest in mutual funds through us. Once you complete your online registration process, we’ll require the following supporting documents from you to get your account investment-ready: If you are an Indian citizen (holding an Indian passport): - A self-attested copy of your Permanent Account Number (PAN) card - A signed copy of your KYC verification form (you can access this from the ‘Downloads’ section of your account) - A cancelled cheque leaf, or a recent account statement from your NRE/NRO account that is held with an Indian bank - Your foreign address proof – A self-attested photo-copy of a utility bill (phone/electricity), driving license with address, etc. - A self-attested passport copy If you are a foreign citizen (holding a foreign passport): If you hold a PIO or OCI card, we will need, in addition to the documents above: - A photocopy of the foreign passport that has been attested by your local Indian embassy (in lieu of the Indian passport above) - A self-attested copy of your PIO or OCI card We’ll also need the following supporting documents from you to get you Know Your Client (KYC) compliant (it is mandatory to be KYC-compliant to invest in mutual funds in India): - KYC form – duly filled and signed (Available in the ‘Downloads’ section of your account - Recent color photo (signed across the photo) - Copy of PAN card, notarised (on an A4 size paper) - Copy of exact proof of overseas address, notarised (on an A4 size paper) - Copy of first and last pages of passport, notarised (if you are an Indian citizen) - Copy of foreign passport, notarised (if you are a foreign citizen) - Copy of PIO or OCI card, notarised (if you are a foreign citizen)
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