The first step for NRI investment in Mutual Funds in India is to complete the KYC process.

For doing your KYC, the following documents are required.

  • Copy of Passport is compulsory
  • Copy of Overseas Address Proof (in English)
  • Copy of Indian PAN card
  • Two passport size photos
  • The fully Filled KYC form

Paperless account opening for KYC compliant Individual & NRI investors. One-time document submission for other categories. Following details needs to be provided to the financial advisor:

  • Applicant Name
  • PAN Card
  • Date of Birth
  • Registered Mobile Number (For OTP purpose)
  • Registered Email ID
  • Nominee Details
  • Bank Details (For SIP/STP/SWP purchase or redemption)

Choose from various funds from different risk categories to plan for Wealth Generation, Retirement, Children’s education and marriage or create your own. Take the Risk Profiler test to know the Risk Appetite.

Plan to save 1 Cr for a Children’s education in 5 years or 5 Cr for your retirement in 25 years.

Recommendations for the Mutual Fund change over time, and the current investments need to be withdrawn from old funds and reinvested regularly into new funds. Manually doing this can be quite difficult. The Portfolio Rebalancing feature at Asset Multiplier does all of this and more with a button-click. Portfolio Rebalancing will be done on an annual basis or on the requirement basis. 

Mode of Investment

There are two ways to invest in Mutual funds either by SIP or STP. If Investor has a lumpsum money, then its best to invest via STP else monthly SIP is preferred.

SIP

This facility allows the investors to invest a fixed amount at regular intervals over a period. This helps them to average out their cost of investment and thus overcome the short-term fluctuations in the market. This facility is also helpful in creating wealth for investors who don't have lump-sum money to invest. They can invest small amounts regularly and with the help of compounding, they can accumulate wealth over a long period of time.

STP

Using this facility, investors can choose to transfer variable amounts from one scheme (liquid scheme with 7-8% return) to an equity scheme to gain more potential returns. This STP helps investors transfer greater and higher amounts when the markets are low and lower amount when markets are high, thus making use of market movements to determine the amounts being transferred. This tool can be used by investors who have lump-sum money, but don't want to take exposure to risky asset classes such as equity all at one point of time.

SWP

We all need regular cash-flows for various purposes. Keeping a big amount in a savings bank account might result in losses on account of inflation as well as the opportunity of capital appreciation which comes from investing. SWP allows investors to withdraw a fixed amount at regular intervals from their investment. This can be used as a retirement solution and allows investor the benefit of Rupee cost averaging like an SIP.