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Resources » Finance/Investments » Mutual Funds


Who Can Invest in Mutual Funds in India


Posted Date:     Category: Mutual Funds    Rating: 3 out of 53 out of 53 out of 5
Author: Member Level: Gold    Points: 5


Mutual Funds have been only recently emerging as a big financial intermediary in India. In a vast country like India, taking the message of investing through mutual funds is a big marketing challenge. Investors need to be educated about the benefits and intricacies of mutual fund investing. This challenge can only be taken up by a large number of intermediaries or distributors working throughout the country. These "Fund Distributors" are clearly the most important link between the fund management industry and the investors. This Fund Distributors have to mandatorily pass AMFI Mutual Funds Advisor Module test by AMFI.

Now let us see who all can invest in Mutual Funds India

Residents including
1. Resident Indian Individual/HUF
2. Indian Companies/Partnership Firms
3. Indian Trusts/Charitable Institutions
4. Banks/Financial Institutions
5. Non-Banking Finance Companies
6. Insurance Companies
7. Provident Funds
8. Mutual Funds

Non Residents including
9. Non-Resident Indians, and Persons of Indian Origin
10. Overseas Corporate Bodies (OCBs) and

Foriegn entities, viz
11. Foriegn Institutional Investors (FIIs) registered with SEBI.

Foriegn Citizens/entities are not allowed to invest in Mutual Funds in India.

Reference http://www.amfiindia.com


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Responses to "Who Can Invest in Mutual Funds in India"
Author: Satyaprasad Komaravolu    20 Jun 2010Member Level: Gold   Points : 2
Hello Nilesh Panchal Sir,

your resource post regarding Who Can Invest in Mutual Funds in India will be very help full for AMFI Advisers as those are the areas where an adviser can search for business. Thanks a lot for your resource post.

Thank you once again


With best regards
Satyaprasad Komaravolu
Co-Passenger.

BE first to get good business



Author: Ankit    21 Jun 2010Member Level: Gold   Points : 2
It is very good information it would help people to understand more of the investement strategies and to get more into mutual fund thing which many of us think that is it a risky business as compared to fixed deposits but people forget the basics of returns are "More risk more returns" and "Less risk and less return"..though it purely depends on the investor but still this would clear many things about mutual funds to investor's.


Author: Jayanta Datta Choudhury    21 Jun 2010Member Level: Gold   Points : 2
The Article will be of great interests to the different sections of eligible individuals or Institutions.
Mutual funds companys are run by specilized fund managers who invest their collected funds in blue chip cos in stock market,Govt. bonds and other securities in athe diversified manners.
Earnings from mutual funds investment are from profit and dividend earning from invested of money from stocks and also assured interests from bonds.The earnings are distributed at regular intervals to the holdesrs of Mutual Funds.






Author: Nilesh Panchal    21 Jun 2010Member Level: Gold   Points : 2
Thanks to Satya/Ankit/Jayanta for giving your feedback. Please note than AMFI is now conducted by NISM and the revised Syllabus of AMFI Test can be available at my blog http://amfitest.blogspot.com



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