Asset management companies in India are not allowed to accept investments in foreign currencies. Hence, the first step to investing in the Indian mutual funds is to open NRO account, NRE account or a Foreign Currency Non-Resident (FCNR) account with an
Indian bank. You can invest by any of the below methods. a. Self/Direct One can make transactions, debiting or crediting through regular banking channels. Your application with the required KYC details must indicate that
the investment is on a repatriable or non-repatriable basis. KYC documents include the latest photograph, attested copies of PAN card, passport, residence proof (outside India), and bank statement. The bank may require
an in-person verification, which you can comply by visiting the Indian Embassy in your resident country. b. Via Power of Attorney Another method is to have someone else invest on your behalf. Mutual fund companies allow
power of attorney (PoA) holders to invest on your behalf and make decisions on your investments. However, signatures of both the NRI investor and PoA should be present on the KYC documents to invest.