What is the difference between NRE and NRO accounts?

Non-Resident External (NRE) Account: Repatriation of funds to the country of residence is straightforward. Foreign currency funds can be easily transferred and used for investments in India, and the interest earned is tax-exempt. Non-Resident Ordinary (NRO) Account: Repatriation of funds involves more documentation and is more complex. Interest earned is taxable. It is suitable for depositing India-sourced income such as rental income. NRIs and OCIs cannot hold a regular savings bank account in India and must use an NRO account instead.

Can an NRI or OCI start a SIP in India?

Yes, NRIs and OCIs can invest in mutual funds through Systematic Investment Plans (SIPs) in India across equity, debt, and hybrid funds based on their risk appetite. However, SIP investments for NRIs and OCIs are restricted for investors residing in the USA and Canada.

Are there any tax benefits for NRIs and OCIs investing in India?

Yes, NRI and OCI investors can avail of tax deductions and exemption benefits on their investments and income earned in India. The applicable tax benefits depend on the type of investment, the extent of income earned, and the prevailing tax rate.

What are the benefits for NRIs and OCIs investing in India?

Key benefits include: wide-ranging investment opportunities across risk profiles (low, medium, and high risk); clear regulations and streamlined processes; higher potential returns; easy and convenient repatriation of funds; India's status as one of the fastest-growing economies contributing to increased investment value; tax deductions and exemptions for specific investment plans; and access to professional fund managers.

Can an NRI or OCI purchase property in India?

NRIs and OCIs can purchase residential and commercial real estate properties in India. However, they are not permitted to purchase agricultural land, farms, or plantations.

Can Non-Resident Indians invest in mutual funds in India?

Yes, Non-Resident Indians can invest in mutual funds in India. However, SIP investments for NRIs and OCIs are subject to restrictions for investors residing in the USA and Canada.

How can NRIs or OCIs repatriate their investments from India?

NRIs and OCIs can repatriate their investments from India using their NRE (Non-Resident External) Account, which allows for free and full repatriation of funds to their country of residence.

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Q: Who is eligible to invest in NRI investment plans in India?

A person is considered a Non-Resident Indian (NRI) if they hold Indian citizenship but reside in a foreign country for purposes such as employment, business, or other specific intentions, and do not meet the following criteria: resided in India for more than 182 days in a financial year, or resided in India for 60 days or more in the previous year and 365 days or more during the 4 preceding years. Primary eligibility conditions include: age between 18 and 60 years, possession of a PAN Card, and an NRE or NRO Account for the transfer of funds.

Q: Is it a good idea for an NRI or OCI to invest in India?

India is one of the fastest-growing economies with strong key economic indicators, offering wide-ranging investment opportunities and higher returns. Clear regulations and streamlined processes provide easy access to investments. NRI and OCI investors can also benefit from tax deductions and exemptions on income earned in India, depending on the type of investment.

Q: Which is the best investment plan for an NRI or OCI in India?

The best investment plan for an NRI or OCI in India depends on individual financial requirements, risk appetite, investment period, and affordability. Aggressive investors can choose direct equity or equity-oriented mutual funds, while conservative investors may prefer fixed deposits, Public Provident Fund investments, or bonds.

Q: What documents are required for NRIs and OCIs to invest in India?

The documents required may vary by investment type, but common requirements include: PAN Card, copy of passport, recent passport-size photographs, proof of residence outside India, bank statement of the NRE or NRO Account, and a power of attorney.

Q: Can NRIs and OCIs invest in the Public Provident Fund (PPF)?

NRIs and OCIs cannot open a new Public Provident Fund (PPF) account in India. However, if they had opened a PPF account when they were resident Indians, they may continue to contribute to it.

Q: Can NRIs and OCIs invest in the Indian Stock Market?

Yes, NRIs and OCIs can invest in the Indian Stock Market. They are required to open a Portfolio Investment Scheme (PIS) Account with a bank. Additionally, they must have an NRE Account, an NRO Account, a Demat Account, and a Trading Account with a registered stockbroker.

NRI investment in India continues to rise as Non-Resident Indians (NRI) seek stable, growth-oriented avenues to build long-term... Read more wealth. India’s strong economic performance, competitive returns, and emotional and financial ties make it a preferred destination for global investors. As of May 2025, the country recorded $7.2 billion in gross FDI, with NRIs contributing significantly to this inflow⁵. Remittances also hit a record $135.46 billion in FY 2025–25⁶, reflecting sustained confidence in India’s financial ecosystem. Read less

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Invest ₹30,000/month¹for 10 years, Get ₹4.6 Cr tax-free² returns after 20 years

19.47% 10-yr returns³ (Benchmark: 12.04%)

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Zero premium allocation charge

In this policy, the investment risk in investment portfolio is borne by the policyholder

¹Illustrative returns @4%: ₹49.8 Lakh | @8%: ₹89.9 Lakh | @19.47%: ₹4.6 Cr
³19.47% is the 10-year CAGR of Tata AIA Multi Cap Fund as of Mar’26, which is projected for 20 years after adjusting for all expenses. Available with Tata AIA Premier SIP. Past performance is not indicative of future performance. Returns are illustrative only and not guaranteed. T&C apply... Read More Illustration shows a monthly premium of ₹30,000 for Tata AIA Premier SIP for a 20-year-old male, standard life, premium payment term: 10 years, policy term: 20 years in Future Secure plan option.The linked insurance product does not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender/withdraw the monies invested in linked insurance products completely or partially until the end of the fifth year.

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Tata AIA Premier SIP is a combination of the Tata AIA Smart SIP - Non-participating, Unit-linked, Individual Life Insurance Savings Plan (UIN: 110L174V01) and
Tata AIA Health Buddy - Non-participating, Non-Linked, Individual Health Product (UIN:110N183V01). Both Tata AIA Smart SIP and Tata AIA Health Buddy are also available for sale individually. Product option: Future Secure.

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Vishal Kapoor

Vishal Kapoor, AVP - Brand & Product Marketing at Tata AIA, has over 17 years of experience in the BFSI sector. He is responsible for driving brand strategy, product & channel marketing campaigns.

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Girish J Kalra, Chief Marketing Officer at Tata AIA, leading the organizations marketing & corporate communication initiatives..

NRI Investment Plans

NRI investment plans are financial solutions designed specifically for Non-Resident Indians to invest and build wealth while living abroad. They help manage savings across countries, support long-term goals, and offer options for insurance protection, retirement planning, and tax-efficient wealth creation.

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Choosing the right investment plan may help you build long-term wealth through well-diversified equity, debt, and hybrid funds. Tata AIA offers NRI investment solutions such as Tata AIA Premier SIP and Tata AIA Param Raksha Life Pro +, each following a disciplined strategy to help you align your goals with market-linked⁷ opportunities. Before selecting a plan, compare factors such as fund performance, asset allocation, and long-term suitability. There are also guaranteed⁸ returns options like Tata AIA Fortune Guarantee Supreme for steady returns. With goal-based investing, you can create a roadmap for future milestones such as education or retirement. Tata AIA investment plans help you balance growth with financial security while securing your family with a life cover.

Best NRI investment plans in India

NRI investment plans in India are financial products that help Non-Resident Indians grow wealth, maintain financial ties with India, and plan future goals more systematically. In practice, most NRIs are not just looking for returns alone. Many times, the focus also includes stability, family protection, retirement income, and easier financial management across countries.

Here’s a closer look at some of the commonly preferred NRI investment options in India:

1. Direct Equity

NRIs and OCI (Overseas Citizenship of India) holders can invest in the shares of the listed companies in India directly in the stock market. It is generally recommended for investors who want to experience greater long-term growth and who can deal with more active management of market movements.
2. Mutual Funds

Mutual funds help NRIs invest across diversified portfolios managed by professional fund managers. Many times, they work well for investors who want market exposure without tracking individual stocks regularly.
3. Unit Linked Insurance Plans (ULIP Plans)

ULIP plans combine life insurance coverage with market-linked⁷ investment opportunities under a single product structure. In practice, they are often considered for long-term wealth creation along with financial protection for dependants.
4. Real Estate

Real estate continues to attract NRI investors looking for property ownership, rental income, or long-term asset appreciation. Worth noting, many property investments are also linked to future relocation or retirement plans in India.
5. Retirement Plans

Retirement plans are designed to help NRIs build a structured retirement corpus over time. Basically, they support long-term financial independence by creating a steady income base for post-retirement years.
6. National Pension Scheme (NPS)

The National Pension Scheme is a government-sponsored investment vehicle to motivate disciplined long-term saving. It blends growth and retirement planning objectives.
7. Pre-IPO Market

Pre-IPO investments give NRIs access to companies before they become publicly listed on stock exchanges. While the return potential can be attractive, the investment risk is usually much higher compared to listed equities.
8. Guaranteed Return Savings Insurance Plans

Guaranteed return savings insurance plans offer fixed maturity benefits along with life insurance protection. They are commonly preferred by NRIs who prioritise stability and predictable financial outcomes.
9. Fixed Deposit (FD)

Fixed deposits provide stable returns over a fixed tenure with relatively lower investment risk. In simple terms, they are often used for capital preservation and short-to-medium-term financial planning.
10. Child Plans

Child plans help NRIs create a dedicated financial corpus for future milestones such as higher education or marriage expenses. At the same time, they also include insurance protection benefits.
11. Corporate Fixed Deposits (FDs) or Non-Convertible Debentures (NCDs)

Corporate FDs and NCDs are fixed-income investment instruments of companies. They can have a higher return than a regular bank account, but with a greater risk of credit.
12. Public Provident Fund (PPF)

PPF is a long term savings scheme with a steady rate of return and tax efficient. If you already have an NRI account, you can continue investing till the maturity date.
13. Money Market Instruments

Money market instruments are short-term debt instruments like treasury bills and commercial papers. Such investments are primarily for liquidity management and capital allocation for lower risk.
14. Perpetual Bonds

Perpetual bond is a bond that has a fixed interest rate but has no fixed maturity date. These tend to be looked at by investors who want to receive consistent interest over a long period of time.
15. PSU (Public Sector Undertaking) Bonds

PSU bonds are issued by government-owned enterprises that are debt instruments. In practice they are seen as more or less stable debt income generating investments.
16. Bharat Bond ETF

Bharat Bond ETF invests in debt securities issued by public sector companies through an exchange-traded structure. It provides diversified debt exposure with comparatively lower credit-related risk.
17. Portfolio Management Services (PMS)

Portfolio Management Services provide personalised investment management with the assistance of experienced portfolio managers. Many of the high net worth NRIs would opt for PMS solutions many times when they are seeking personalised investment strategies.
18. Startups

Startup investments allow NRIs to participate in early-stage business opportunities with long-term growth potential. However, these investments usually involve higher uncertainty and longer investment horizons.
19. Alternative Investment Funds

Alternative Investment Funds invest across specialised assets such as venture capital, private equity, and infrastructure projects. They are generally more suitable for experienced investors with higher risk tolerance.
20. Fractional Ownership of CRE

Fractional ownership of commercial real estate allows NRIs to invest in commercial properties without purchasing an entire asset independently. Basically, it lowers entry costs while still offering rental income opportunities.
21. INVITs

Infrastructure Investment Trusts (INVITs) are an opportunity for NRIs to invest in operational infrastructure projects like highways, power transmission and energy projects and generate regular income.

Popular Tata AIA Plans for NRI

ULIP Plans
Savings Plans

Tata AIA Premier SIP

In this policy, the investment risk in investment portfolio is borne by the policyholder.

Tata AIA Premier SIP is a combination of the Tata AIA Smart SIP, Non-participating, Unit-linked, Individual Life Insurance Savings Plan (UIN: 110L174V02), and Tata AIA Health Buddy, Non-participating, Non-Linked, Individual Health Product (UIN:110N183V01). Both Tata AIA Smart SIP and Tata AIA Health Buddy are also available for sale individually.

Tata AIA

Premier SIP

Multi Cap Fund delivered 19.47% returns (Benchmark: 12.04%)³
No premium allocation charges
Payouts are tax exempted²

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Tata AIA Param Raksha Life Pro +

In this policy, the investment risk in investment portfolio is borne by the policyholder.

Param Raksha Life Pro+ is designed for combination of benefits of following individual and separate products named (1) Tata AIA Smart Sampoorna Raksha Supreme Unit Linked, Non-Participating Individual Life Insurance Plan (UIN: 110L179V02) and (2) Tata AIA Health Buddy, Non-Participating, Non-Linked, Individual Health Product (UIN: 110N183V01). These products are also available for sale individually without the combination offered/suggested. This benefit illustration is the arithmetic combination and chronological listing of combined benefits of individual products. The customer is advised to refer the detailed sales brochure of respective individual products mentioned herein before concluding sale.

Tata AIA

Param Raksha Life Pro +

Multi Cap fund delivered 19.47% returns (Benchmark: 12.04%)³
All funds rated 4 or 5 stars⁴
Get high life cover to secure your family

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Solution Composition

Individual, Non-Linked, Non-participating, Life Insurance Savings Plan (UIN110N163V13). ⁸T&C apply

Tata AIA

Fortune Guarantee Supreme

Get guaranteed⁸ income from 1^st month
Long term income from 15 - 45 years
Use income to pay/offset future premiums

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Combination composition

Individual, Non-linked, Participating, Life Insurance Savings Plan (UIN:110N207V02)

Tata AIA

Shubh Flexi Income Plan

Receive cash bonus from the 1st policy month/year¹⁰
Grow income with sub-wallet¹¹ feature and withdraw as needed
Waiver of premium option

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Why is investing in India one of the best options for NRIs and OCIs?

While there are several investment opportunities, it is important to know why it is considered one of the best options for NRIs and OCIs to invest in India.

Rapid Economic Growth

India’s economy has been expanding steadily, opening up opportunities across sectors such as equities, infrastructure, and digital services. This broad growth allows NRIs to participate in a market that continues to evolve and modernise. Over time, this can support long-term wealth-building as portfolios align with India’s economic progress.

Better Returns

Investment options in India, like equity mutual funds, bonds, IPOs, and fixed-income products, often offer competitive returns compared to many global markets. The overall regulatory environment also supports investors. However, returns are linked to market movements, so it’s important for NRIs to choose instruments that suit their personal risk comfort.

Financial Safety

For NRIs with families in India, products such as term plans and pension schemes may help create financial cushioning back home. These tools are designed to offer stability by ensuring dependants are protected from unexpected financial pressure.

Portfolio Diversification

Investing in more than one country may help balance risk across different markets and currencies. Adding Indian assets allows NRIs to blend INR-based investments with their overseas holdings, bringing variety to their overall portfolio. A balanced mix of equities, insurance, and fixed-income instruments can create a more resilient investment strategy.

Building a Retirement Corpus

Many NRIs choose Indian retirement solutions such as pension schemes and long-term savings plans because they align well with future expenses in India. These options may help build a retirement fund that keeps pace with lifestyle needs and rupee-based spending.

Tax Benefits

NRIs may be able to access certain tax² advantages depending on the type of investment and the country they live in. Double Taxation Avoidance Agreement (DTAA) helps NRIs to take treaty benefits and avoid taxability of same income twice, making cross-border financial planning smoother.

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How can NRIs and OCIs invest in India?

The process for investing in the NRI and OCI investment plans varies based on the specific financial instrument. Here are the few essential steps that can help NRIs and OCIs to invest in India:

Open an NRO or NRE bank account

NRIs and OCIs should open an NRO or NRE bank account with an Indian bank to invest in India. It is important to remember that an NRE account should be used for investments using foreign earnings that can be repatriated. The NRO account should be used for investments based on earnings in India that cannot be repatriated.
Obtain your permanent account number (PAN)

NRIs and OCIs should have a PAN card to invest in India. It is important for various processes such as opening a bank account, investing, filing Income Tax Returns, and claiming tax² deductions and exemptions, etc.
Choose the investment plans

NRIs and OCIs have different investment options, such as direct equity, mutual funds, savings schemes, etc. They need to compare and evaluate the benefits to choose some of the best options.
Complete the documentation and KYC norms

Prepare the documents for the investment plans and complete the KYC (Know Your Customer) norms specific to the investment options in India for NRI or OCI. Submit the required identity and address proofs to complete the process.
Ensure compliance with rules and regulations

NRI and OCI investors need to understand the tax² implications, rules, and regulations concerning India and the country of residence to avoid unnecessary discrepancies in the future. It is always recommended to take the advice of tax consultants or financial advisors regarding OCI and Income tax provisions² relating to NRI to make the best investment decisions.

Eligibility criteria for NRIs to invest in India

Factor

Details

Key Features of Term Insurance Plan

Age

Must be between 18–65 years (varies by insurer)

Documents

Required documents include valid passport with latest immigration stamps, visa copy or work/study permit, and proof of residence (Indian and foreign). Identity proof, age proof, income proof, FATCA annexure, and a completed NRI questionnaire are also needed.

Medical Requirements

Medical tests are mandatory for higher coverage amounts, usually conducted remotely or at approved centers. Disclosure of medical history is required. Video medicals may be accepted by some insurers. Additional tests may be requested based on the underwriting policy.

What documents do NRIs need to invest in India?

In India, NRI investment options generally require the following documents:

1. Identity Proof

Self-attested copy of passport.
2. NRI Proof

As per Indian government regulations, you must have documents proving your non-resident Indian status (NRI) like visa, work permit or residence permit.
3. Permanent Account Number

You must have a Permanent Account Number (PAN). An NRI declaration in place of a PAN may be used if you do not have a PAN. To ease taxation and ensure compliance, this is necessary.
4. NRO or NRE Account

To invest in India, you need a Non-Resident Ordinary (NRO) or a Non-Resident External (NRE) bank account.
5. Address Proof

Overseas or Indian residence proof through utility bills, bank statement or approved proofs.
6. Photographs

Recent passport size photographs.
7. KYC (Know Your Customer)

Fresh KYC is required, specifically listing foreign address.
8. PIS Letter

Necessary for buying stocks directly via Portfolio Investment Scheme (PIS).
9. FATCA/CRS Declaration

A Foreign Account Tax Compliance Act (FATCA) declaration is mandatory for determining tax residency.

In addition to these standard documents, you may also need to submit a few others, depending on how you plan to invest in India as an NRI. Consult with your financial advisor or a consulting institution to determine the specific requirements for each plan.

Taxation for NRIs

Here are the tax² benefits applicable for investment for NRIs:

Residential Status

According to the Income Tax Act, tax liability in India depends on your residential status. As an NRI, you are only liable to pay taxes on income you earn or accrue in India.

Tax on investment

0% GST on premiums paid for life insurance policies (term plan, ULIP, insurance savings scheme, retirement plans).
Tax exemption up to ₹1.5 Lakh on investments under Section 123, schedule XV of the Income Tax Act 2025.

Taxable Income for NRIs

Income earned in India (e.g. salary, rent from Indian property, capital gains from Indian assets).
Interest earned on NRO (Non-Resident Ordinary) accounts is taxed.
NRE (Non-Resident External) and FCNR accounts earn tax-free interest, subject to conditions.

Maturity benefit

Short-term capital gains (STCG) on listed equities are taxed at 20%.
Long-term capital gain tax (LTCG) on listed shares or equity mutual funds is taxed at 12.5% for gains exceeding ₹1.25 Lakh/annum.
For ULIPs, maturity returns are tax-free if aggregate annual premium is below ₹2.5 Lakh per year and annual premium does not exceed 10% of the sum assured. If premium exceeds ₹2.5 Lakh/annuum, LTCG will be taxed as mentioned above.
At the time of payout, security transaction tax (STT) will be applicable @0.001% on value of units redemption in case of ULIP.
For endowment plans, maturity returns are tax-free if aggregate annual premium is below ₹5 Lakh per year and annual premium of all life insurance plans (excluding ULIPs) does not exceed 10% of the sum assured.

Death benefit

Death benefit from all life insurance policies is tax-free

TDS for NRIs

The majority of income earned in India is subject to tax deducted at source (TDS), such as rent, dividends, interest, and capital gains.
For NRIs, TDS rates may be higher than for resident Indians.

Double Taxation Avoidance Agreement (DTAA)

India has signed Double Taxation Avoidance Agreements (DTAAs) with several countries.
For claiming beneficial TDS rates for NRI, Tax residency certificate issued by Govt of customer residency country.
Basis clauses mentioned in DTAA and nature of product, beneficial TDS rates (if applicable) can be given in India.

Filing of ITR

If an NRI earns over ₹2.5 Lakh in India in a year or if TDS has been deducted and a refund is due, they are advised to file an Income Tax Return in India.

Important tips for NRIs investing in India

As an NRI, you should comply with the following FEMA guidelines before investing in India:

Confirm NRI status and obtain a PAN card:

Your NRI status should be confirmed, and you should have a PAN card.

Open a Demat and trading account under PINS:

You will need a Demat and trading account with a registered broker or bank under PINS in order to invest in stocks and convertible debentures.

Invest in mutual funds through NRE/NRO accounts:

With your NRE/NRO accounts, you can invest in mutual funds through your bank, broker, or AMC.

Maintain an NRE or NRO bank account:

To make investments, you will also need an NRO or NRE bank account.

Understand repatriable vs non-repatriable investments:

There are two types of investments you can make in India: repatriable and non-repatriable.

Know repatriation rules for NRE accounts:

If you invest through an NRE account, the entire investment proceeds are fully repatriable.

Know repatriation rules for NRO accounts:

For all NRO accounts in India, the proceeds are only repatriable up to USD 1 million cumulatively per Financial Year (April-March).

Common mistakes NRIs make while investing

NRIs often make these investment planning mistakes. Avoid them to benefit from the best investment options for NRIs in India:

Lack of Research:

NRIs may be unaware of all of the types of plans they can invest in or which are appropriate for them. Usually, they rely on friends and family for information, thus lacking research. Taking this approach can lead to poor decisions. The appropriate way to make sound investments is to understand market trends, tax implications, and regulatory changes.

Avoiding Currency Risks:

NRIs often fail to factor in foreign exchange fluctuations or take rupee-denominated returns into account. These aspects should be kept in mind when making investments in Indian assets and plans to understand the risks.

Not Diversifying Your Portfolio:

The more concentrated your investments are in a single asset class or location, the greater your financial risk. To overcome the risk of losses, make sure you have a well-diversified portfolio across equities, fixed deposits, real estate, and international markets.

Short-Term Focus:

Some riders¹⁰ provide a monthly income in addition to the lump sum death benefit. This may help your family manage everyday expenses and stay financially stable in your absence.

Not Complying with FEMA Regulations:

Many NRIs unintentionally overlook guidelines laid out under FEMA, especially around investment rules, repatriation, and account types. Not following these regulations can lead to complications later. Staying compliant ensures your investments remain smooth, transparent, and hassle-free.

Why Choose Tata AIA Life Insurance?

89 Lakh+

Families protected so far¹²

₹9 Lakh Crore+

Retail Sum Assured¹³

1.4 Lakh Crore+

Assets Under Management (AUM)¹⁴

99.45%

Individual Death Claim Settlement Ratio¹⁵

600+ Branches

Presence across major cities in India

4 Hour

Express Claim Settlement¹⁶

¹⁶T&C apply

Who regulates NRI and OCI investments in India?

The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) govern OCI and NRI investments in India. The investments are regulated based on the Foreign Exchange Management Act of 1999.

Who is eligible to invest in NRI investment plans in India?

A person investing in India is considered a Non-Resident Indian (NRI) and liable to pay tax² if they have Indian citizenship and, however, reside in a foreign destination. The purpose of the shift can be for reasons such as employment, business, or any other specific intention.
They are called an NRI if they do not meet the following criteria:
●Resided in India for more than 182 days in a financial year ●Resided in India for 60 days or more in the previous year and 365 days or more during the 4 years preceding the previous year

Furthermore, the eligibility criteria can differ for the individual investment plan option. Some of the primary conditions required are:

●Age between 18 and 60 years ●Having a PAN Card ●Having an NRE or NRO Account for the transfer of funds

Is it a good idea for an NRI or OCI to invest in India?

India is one of the fastest-growing economies, having better key economic indicators. It offers wide-ranging investment opportunities and contributes to higher returns.

In addition, clear regulations and streamlined processes provide easy access to investments. Furthermore, NRI and OCI investors can benefit from tax² deductions and exemptions for the income earned in India based on the type of investment.

Which is the best investment plan for an NRI or OCI in India?

The best investment plan for an NRI or OCI in India will depend on the individual financial requirements, risk appetite, investment period, and affordability. Aggressive investors can invest in direct equity, equity-oriented mutual funds, ULIPs, etc., while conservative investors can choose fixed deposits, Public Provident Fund investments, Bonds, etc.

What is the difference between the NRE and NRO accounts?

An NRE account holds foreign earnings in India, is tax-free², and allows full repatriation. Whereas, an NRO account holds Indian income, is taxable, and has limited repatriation limits upto $1 Million per financial year.

Can an NRI or OCI start SIP in India?

Yes, NRIs and OCIs can start investing in mutual funds through Systematic Investment Plans in India.

What are the documents required for NRIs and OCIs to invest in India?

The documents required for the NRIs and OCIs to invest in India will differ for the different types of investments. Some of the common documents required are:
●PAN Card ●Copy of Passport ●Recent passport-size photograph ●Proof of residence outside India ●Bank statement of the NRE or the NRO Account ●Power of attorney

Can NRIs and OCIs invest in the Public Provident Fund (PPF)?

NRIs and OCIs cannot open a Public Provident Fund (PPF) in India. However, if they had opened it earlier when they were resident Indians, they can continue to contribute to their PPF Account.

Are there any tax benefits for the NRIs and OCIs investing in India?

Yes, NRI and OCI investors can avail of tax² deductions and exemption benefits for their investments and the income earned in India.

10.

Can NRIs and OCIs invest in the Indian stock market?

Yes, NRIs and OCIs can invest in the Indian stock market. However, NRI and OCI investors need to open a Portfolio Investment Scheme (PIS) Account with a bank to invest in the stock market.
In addition, they should also ensure to have the following:
●NRE Account ●NRO Account ●Demat Account ●Trading Account with a registered stockbroker.

11.

What is PIS, and is it mandatory for NRIs and OCIs to invest in India?

PIS refers to the Portfolio Investment Scheme (PIS). It is not mandatory for all types of investments. NRI and OCI investors need to open a PIS Account with a bank to invest in the Indian stock market.

12.

Can NRIs and OCIs have multiple Demat accounts?

Yes, NRIs and OCIs can have multiple Demat accounts. It is important to note that NRIs and OCIs should have separate Demat accounts for the non-repatriable (NRO) and repatriable (NRE) investments.

13.

What are the benefits for the NRIs and OCIs investing in India?

●Wide-ranging investment opportunities ●Various options cater to different categories of investors, such as based on the risk profile. ●Clear regulations and streamlined processes for easy access to investments ●Higher returns on the investments ●Easy and convenient repatriation of funds ●Tax2 deductions and exemptions for specific investment plans.

14.

What are the different types of NRI and OCI investment plans available in India?

The different types of NRI and OCI investment plans available in India are:

●High Return Options for NRI and OCI Investment in India ●Direct Equity ●Mutual Funds ●Unit Linked Insurance Plans (ULIP Plans) ●Real Estate ●National Pension Scheme ●Pre-IPO Market ●Low-Risk Options for NRI and OCI Investment in India ●Savings Insurance Plans ●Fixed Deposit ●Corporate Fixed Deposits (FDs) or Non-Convertible Debentures (NCDs) ●Public Provident Fund (PPF) ●Money market instruments ●Perpetual Bonds ●PSU Bonds ●Sovereign Gold Bonds ●Bharat Bond ETF ●NRI and OCI Investment Options for HNI in India ●Portfolio Management Services (PMS) ●Startups ●Alternative Investment Funds ●Fractional Ownership of CRE ●INVITs (Infrastructure Investment Trust).

15.

Are NRI and OCI investment plans subject to taxation in India?

Yes, NRI and OCI investment plans are subject to taxation in India based on the type of investment, such as equity, mutual funds, real estate, NPS, etc.

16.

Can an NRI or OCI purchase a property in India?

NRIs and OCIs can purchase residential and commercial real estate properties in India. However, OCI’s cannot choose to purchase farms, plantations, and agricultural land.

18.

How can NRIs and OCIs manage their investment plans in India?

NRIs and OCIs can manage their investment plans in India by:

●Keeping track of the market trends and being informed of the key performance indicators ●Staying updated through online news platforms and taking the necessary actions ●Regularly reviewing the investment platform based on the changing risk appetite and investment needs ●Choosing the Portfolio Management Services ●Keeping track of any changes in the regulatory and taxation policies ●Seeking help from professional financial advisors

19.

Can NRIs and OCIs invest in Post Office Schemes in India?

NRIs and OCIs cannot directly invest in Post Office Schemes in India. They should have a joint account with a relative who is a resident Indian to invest in them.

20.

Is a PAN card mandatory for NRIs and OCIs to invest in India?

Yes, a PAN card is mandatory for NRIs and OCIs investing and having taxable income in India.

21.

What happens to my SIP when I become an NRI or OCI?

The investor can continue to invest in the SIP after becoming an NRI or OCI, but the following changes are required:

●Changing the residential status ●Converting the bank account to NRE or NRO ●Complying with additional Foreign Account Tax Compliance Act (FACTA) requirements for people moving to US or Canada.

22.

How can the NRIs or OCIs repatriate their investments from India?

NRIs or OCIs can repatriate their investments from India using their NRE (Non-Resident External) Account.

23.

Can NRIs invest in Indian government bonds or RBI bonds?

NRIs can invest in certain Indian government bonds alongside some PSUs and RBI bonds. Reserve Bank of India (RBI) offers the Fully Accessible Route (FAR) to invest in Government Securities (G-secs) and State Development Loans (SDLs).

24.

What is the maximum limit for NRI investments in India?

NRI investments in Indian companies are limited to 10% of the company's paid-up capital, with a single investor having a 5% limit. If the company passes a special resolution in its general body meeting, this limit can be increased to 24%.

25.

Can NRIs invest in Indian startups or private companies?

Yes. The Foreign Exchange Management Act (FEMA), 1999 allows NRIs to invest in startups in India. Startups must adhere to government regulations to ensure foreign funds are legally channeled.

26.

Do NRIs need to update KYC when investing in India?

Investing in mutual funds or opening a bank account in India requires Non-Resident Indians (NRIs) to update their KYC (Know Your Customer) information. To ensure compliance with Indian financial regulations, this is a mandatory requirement.

27.

Can NRIs invest jointly with residents in India?

Non-Resident Indians (NRIs) can invest jointly with Indian residents in certain circumstances. NRIs are permitted to open joint accounts with residents (as defined in the Companies Act) on a "former or survivor" basis.

28.

Are NRI investments in India affected by currency exchange rates?

Yes. The exchange rate affects NRI investments in India. When repatriated to the investor's home currency, these rates have a significant impact on investment value and returns.

29.

Can NRIs use international credit cards to invest in India?

NRIs cannot directly invest in India using international credit cards. Regulations require NRIs to transfer funds for investments in India from verified bank accounts, either NRE or NRO.

The information, provided herein, may not be treated as a solicitation request in any manner. Any decision to buy online insurance by NRIs is completely his/her choice. The insurer is permitted to solicit insurance in India and settles claim in INR only.
Param Raksha Life Pro+ is designed for combination of benefits of following individual and separate products named (1) Tata AIA Smart Sampoorna Raksha Supreme Unit Linked, Non-Participating Individual Life Insurance Plan (UIN: 110L179V02) and (2) Tata AIA Health Buddy, Non-Participating, Non-Linked, Individual Health Product (UIN: 110N183V01). These products are also available for sale individually without the combination offered/ suggested.
Tata AIA Premier SIP is a combination of the Tata AIA Smart SIP, a non-participating, unit-linked, individual life insurance savings plan (UIN: 110L174V02), and Tata AIA Health Buddy, Non-participating, Non-Linked, Individual Health Product (UIN:110N183V01). Both Tata AIA Smart SIP and Tata AIA Health Buddy are also available for sale individually.
Tata AIA Fortune Guarantee Supreme - Individual, Non-Linked, Non-participating, Life Insurance Savings Plan (UIN110N163V13)
Tata AIA Shubh Flexi Income Plan (UIN: 110N207V02) - Individual, Non-Linked, participating, Life Insurance Savings Plan
¹Illustration shows a monthly premium of ₹30,000 for Tata AIA Premier SIP for a 20-year-old male, standard life, premium payment term: 10 years, policy term: 20 years with 100% investment in Tata AIA Multi Cap Fund in Future Secure plan option. 4% and 8% are assumed rates of return. 19.47% is the 10-year returns of Tata AIA Multi Cap Fund as of March 2026. Maturity amount: ₹49,81,642 at 4% returns, ₹89,85,023 at 8% returns and ₹4,55,37,159 at 19.47% returns. The fund value calculation is done by projecting the past returns of Tata AIA Multi Cap Fund after adjusting for all expenses in Tata AIA Premier SIP. The above values have been calculated assuming 19.47% CAGR, which is the past 10-year returns of Tata AIA Multi Cap Fund as of March 2026.
²No Goods and Service Tax shall be applicable on Individual life insurance products as per prevailing laws. Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions of aggregate premium within threshold limit of ₹2.50 Lakh/annum for ULIP and ₹5.0 Lakh/annum for non ULIP Life insurance and maintaining conditions of premium to sum assured ratio as stipulated therein in section 11 read with schedule II of Income Tax Act 2025. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implications mentioned anywhere on this site. Please consult your own tax consultant to know the tax benefits available to you.
³10-year computed NAV for Multi Cap Fund as of March 2026. Other funds are also available. Benchmark of this fund is S&P BSE 200.
⁴All funds open for new business which have completed 5 years since inception are rated 4 star or 5 star by Morningstar as of August 2025.
©2025 Morningstar. All rights reserved. The Morningstar name is a registered trademark of Morningstar, Inc. in India and other jurisdictions. The information contained here: (1) includes the proprietary information of Morningstar, Inc. and its affiliates, including, without limitation, Morningstar India Private Limited (“Morningstar”); (2) may not be copied, redistributed or used, by any means, in whole or in part, without the prior, written consent of Morningstar; (3) is not warranted to be complete, accurate or timely; and (4) may be drawn from data published on various dates and procured from various sources and (5) shall not be construed as an offer to buy or sell any security or other investment vehicle. Neither Morningstar, Inc. nor any of its affiliates (including, without limitation, Morningstar) nor any of their officers, directors, employees, associates or agents shall be responsible or liable for any trading decisions, damages or other losses resulting directly or indirectly from the information.
⁵Source: https://www.thehindu.com/business/Economy/net-fdi-in-may-2025-down-98-to-35-mn-on-lower-gross-inflows-higher-repatriation/article69846347.ece
⁶Source: https://telanganatoday.com/nri-remittances-to-india-soar-to-record-135-46-billion-in-fy25
⁷Market-linked returns are subject to market risks and terms & conditions of the product. The assumed rate of returns or illustrated amount may not be guaranteed and depends on market fluctuations.
⁸Guaranteed Income shall be total of Guaranteed annual Income plus Income Booster payable in a year. Guaranteed Income as per the chosen Income Frequency shall commence after maturity till the end of the Income Period, irrespective of survival of the life insured(s) during the Income Period.
⁹This will be basis chosen policy option, certain income term and age criteria, 6% IRR availability.
¹⁰Cash bonuses (if declared) may be opted to be paid out at the end of the chosen pay-out frequency or as premiums offset. Cash bonuses are applicable for Early income and Deferred income option. Please refer Brochure for additional details
¹¹Only available with cash bonus option. The current loyalty addition rate on the Sub-wallet will be 5.25% compounding monthly. The loyalty addition rate shall be at which RBI absorbs liquidity which currently is the Standing Deposit Facility (SDF) rate. The current Standing Deposit Facility rate is 5.25% p.a. and the same shall be reviewed bi-monthly. The Company may in future change the reference rate from Standing Deposit Facility rate to some other index.
¹²89,43,554 families protected till 31st May 2025.
¹³Retail Sum Assured for FY 2025-26 is ₹9,00,876 Crore.
¹⁴Total Assets Under Management (AUM) as on 31st Mar’26 is 1,45,589 Crores.
¹⁵Individual Death Claim Settlement Ratio is 99.45% for FY 2025-26 as per the latest annual audited figures.
¹⁶Applicable to only non-early claims more than 3 years of policy duration, non-investigation cases, up to Sum assured of ₹50 Lakh. Applicable for branch walk in. Time limit to submit claim to Tata AIA by 2 pm (working days). Subject to submission of complete documents. Not applicable to ULIP policies and open title claims.
For Tata AIA Shubh Flexi Income Plan
- The risk factors of the bonuses projected under the product are not guaranteed.
- Past performance doesn't construe any indication of future bonuses.
- These products are subject to the overall performance of the insurer in terms of investments, management of expenses, mortality and lapses.
For ULIP products
- In this policy, the investment risk in investment portfolio is borne by the policyholder.
- The linked insurance product do not offer any liquidity during the first five years of the contract. The policy holder will not be able to surrender/withdraw the monies invested in linked insurance products completely or partially till the end of the fifth year.
- Linked Life Insurance products are different from traditional insurance products and are subject to risk factors.
- The premium paid in Linked Life Insurance policies is subject to investment risks associated with capital markets and publicly available index. The NAV of the units may go up or down based on the performance of Fund and factors influencing the capital market/publicly available index and the insured is responsible for his/her decisions.
- Tata AIA Life Insurance Company Limited is only the name of the Life Insurance Company & Tata AIA Smart SIP and Tata AIA Smart Sampoorna Raksha Supreme are only the name of the Linked Insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns.
- Please know the associated risks and the applicable charges, from your insurance agent or the Intermediary or policy document issued by the insurance company.
- The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.
- Past performance is not indicative of future performance.
- If your policy offers variable benefits, then the illustrations on this page will show two different rates of assumed future investment returns. Currently the gross investment returns are stipulated as 4% p.a. and 8% p.a. These assumed rates of return are not guaranteed, and these are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including actual future investment performance.
L&C/Advt/2026/May/3348

NRI Investment in India

Success

Failure

Vishal Kapoor

Vishal Kapoor

Girish J Kalra

Girish J Kalra

NRI Investment Plans

Our funds have consistently outperformed benchmarks

Best NRI investment plans in India

1. Direct Equity

2. Mutual Funds

3. Unit Linked Insurance Plans (ULIP Plans)

4. Real Estate

5. Retirement Plans

6. National Pension Scheme (NPS)

7. Pre-IPO Market

8. Guaranteed Return Savings Insurance Plans

9. Fixed Deposit (FD)

10. Child Plans

11. Corporate Fixed Deposits (FDs) or Non-Convertible Debentures (NCDs)

12. Public Provident Fund (PPF)

13. Money Market Instruments

14. Perpetual Bonds

15. PSU (Public Sector Undertaking) Bonds

16. Bharat Bond ETF

17. Portfolio Management Services (PMS)

18. Startups

19. Alternative Investment Funds

20. Fractional Ownership of CRE

21. INVITs

Popular Tata AIA Plans for NRI

Tata AIA Premier SIP

Premier SIP

Tata AIA Param Raksha Life Pro +

Param Raksha Life Pro +

Solution Composition

Fortune Guarantee Supreme

Combination composition

Shubh Flexi Income Plan

Why is investing in India one of the best options for NRIs and OCIs?

Rapid Economic Growth

Better Returns

Financial Safety

Portfolio Diversification

Building a Retirement Corpus

Tax Benefits

How can NRIs and OCIs invest in India?

Open an NRO or NRE bank account

Obtain your permanent account number (PAN)

Choose the investment plans

Complete the documentation and KYC norms

Ensure compliance with rules and regulations

Eligibility criteria for NRIs to invest in India

What documents do NRIs need to invest in India?

1. Identity Proof

2. NRI Proof

3. Permanent Account Number

4. NRO or NRE Account

5. Address Proof

6. Photographs

7. KYC (Know Your Customer)

8. PIS Letter

9. FATCA/CRS Declaration

Taxation for NRIs

Residential Status

Tax on investment

Taxable Income for NRIs

Maturity benefit

Death benefit

TDS for NRIs

Double Taxation Avoidance Agreement (DTAA)

Important tips for NRIs investing in India

Confirm NRI status and obtain a PAN card:

Open a Demat and trading account under PINS:

Invest in mutual funds through NRE/NRO accounts:

Maintain an NRE or NRO bank account:

Understand repatriable vs non-repatriable investments:

Know repatriation rules for NRE accounts:

Know repatriation rules for NRO accounts: