SIF for NRIs: Eligibility, FEMA Rules, and How to Invest
NRIs can invest in Specialised Investment Funds (SIFs), but how the investment is funded affects how easily the money can later go back abroad. Choosing a SIF for NRIs means working within two sets of rules: SEBI’s SIF regulations and India’s foreign exchange law, FEMA. Most NRIs are eligible, though acceptance also depends on the […]