Investorline Services

Who is NRI? A Non-Resident Indian is a citizen of India (holding a valid passport of Govt. of India) temporarily residing in the country of his/her present residence. He/she should not have applied or planning to apply in the near future for acquiring citizenship of his/her present country of residence or any other country. Can NRIs invest in Mutual Funds in India? Investments by NRIs in Mutual Funds can be made on a repatriable or on a non-repatriable basis, as preferred by the investor. Repatriable Basis To invest on a repatriable basis, you must have an NRE or FCNR Bank Account in India. The Reserve Bank of India (RBI) has granted a general permission to Mutual Funds to offer mutual fund schemes on repatriation basis, subject to the following conditions: The mutual fund should comply with the terms and conditions stipulated by SEBI. The amount representing investment should be received by inward remittance through normal banking channels, ...

Invest with Investorline Investorline Investment Center To Invest Online Click here Important As per the new SEBI guidelines, all new purchases of mutual funds have to be supported by a copy of your PAN Card. If you have not submitted a copy of your PAN Card to Investorline , please do so now. We will not be able to process your purchase request without the same. Click here to know more. Seek advice from the experts Call us on 09213326572 , or email us at indiainsured@aol.com for assistance from our AMFI certified Relationship Managers. They will gladly assist you with all your investment requirements. Invest in 3 easy steps- Download the Common Application From of the fund house you are interested in and fill in your details against the specific fund you are interested in. If you are interested in making investments though SIP, please also download and fill the relevant SIP form. Attach a cheque of the amount you wish ...

How to get KYC Compliant verification Letter? – Here’s the Way Check Your KYC/PAN compliant status online. Investorline Info-Center The SEBI circular: The SEBI (Securities & Exchange Board of India) who is the apex regulatory body for the capital markets, had issued a circular on 27th April 2007 and 25th June 2007 which specified the following guidelines / norms Effective from 2 July 2007, it is now mandatory to submit Copy of PAN (attested) or Copy of Acknowledged Form 49A (PAN Application Form) for anyone who is participating in securities market. The PAN will now be recognized as the “ sole identification for all transactions in securities market”, which includes mutual funds. This will apply to all investors, irrespective of amount of investment, including NRIs, Joint Holders and Guardians (in case of minors). Further, it would be applicable for any type of fresh investment / additional inve...

Investorline Info-Center Dear Investor, We would like to take this opportunity to inform you about certain compliance requirements that have come into effect this year. 1 . Permanent Account Number (PAN) is compulsory for all Unit Holders w.e.f 01 January 2008, for any investment. PAN & PAN card copy are mandatory for all investments irrespective of amount Form 49A / Form 60/61 will not be accepted and transactions are liable to be rejected. In case of Minor, PAN & PAN card copy of Guardian are required, even if the Minor holds a PAN Card Change Form acknowledged by Income Tax for any changes being made in PAN card will be acceptable. 2. Know Your Customer (KYC) compliance is compulsory for all investments w.e.f 01 February 2008. All investors (including guardians, joint holders, NRI’s and power of attorney holders) need to complete the process of KYC by submitting a duly filled-up KYC application fo...