Can I continue my investments after returning to India?

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

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I am an NRI and I invest in mutual funds. Will I face any problem in continuing my SIPs once I return to my country?

-- Vishal Singh

Pankaaj Maalde, a Certified Financial Planner, responds:


Once you return to India permanently, you must update your KYC and change your status from NRI to resident Indian. You have to stop your earlier SIPs linked to your NRE account and start fresh investments, using a resident savings account. You can hold on to your earlier investments and no change is needed in that.
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