NRIs can invest in both Primary Market and Secondary Market through a registered broker. These brokers offer wide range of services to ensure that NRIs feel at home while they take their investment decisions.
Things that NRIs can do:Online Trading (stocks & derivatives): Various brokers give you the access to tools that institutions and professionals use for trading in Capital Markets. Many of them provide an Online Trading platform that enables NRI’s to transact paperless trading in Equity and Derivatives segments. Such Online Trading System provides the most distinct utilities like Streaming Market Watch, Technical Analysis, AMO (After Market Order), Online Funds Transfer and NRI Online Helpdesk to enable you have a pleasant trading experience.
Offline Trading: Most of the brokers offer Online NRI Trading facility wherein the orders can be placed through telephone, Email, Chat or Fax communication.
Mutual Fund Investment:NRIs can invest in Indian mutual funds through registered mutual fund distributors and brokers. Some distributors also have to offer simplified process which is free of all paperwork. These distributors also provide its clients with the latest updates on the top Funds, NAV’s, New Fund Offers. They also provide performance report of various funds to ensure smart investments are made in Mutual Fund segment.
Investment in Initial Public Offer (IPO): Paperless investment can be done by NRIs through selected Indian brokers, in the Primary Market – Initial Public Offering (IPO) Details of current IPO’s & forthcoming IPO’s, Performance of Past IPO’s, basis of allotment, etc are provided by them to enable clients make hassle free IPO investments.
Dematerialization of shares bought in Primary Market
Most of the brokers would also assist the NRI clients in converting the physical share certificates to electronic form (Dmat form). The Holder of the shares has to just open a NRI Account and submit the Demat Request along with the certificates, and broker’s efficient and customer friendly NRI Desks takes care of all the other formalities.
