Frequently Asked Questions

Which all investors can invest their money in Mutual Funds?

To invest in Mutual Funds, you must be one of the following:

  • Indian residents above the age of 18, either individually or jointly (not exceeding 3 people)
  • Non-resident Indians (NRIs) and Persons of Indian Origin (PIOs) residing abroad, on a full repatriation basis
  • Parents or lawful guardians on behalf of minors
  • Hindu Undivided Families (HUFs) in the name of HUF or Karta
  • Companies (including public sector undertakings), corporate bodies, trusts (through trustees) and cooperative societies • Banks (including regional rural banks) and financial institutions
  • Religious and charitable trusts (through trustees), and private trusts authorized to invest in Mutual Fund schemes under their trust deeds
  • Foreign institutional investors registered with SEBI on the basis of repatriation
  • Special Purpose Vehicles approved by an appropriate authority (subject to RBI approval)
  • International multilateral agencies approved by the Government of India
  • Army/navy/air force/paramilitary units and other eligible institutions
  • Unincorporated bodies of persons as specified by asset management companies
  • Partnership firms
  • Scientific and industrial research organisations
  • Trustees, AMCs, sponsors, or their associates
  • Other individuals/institutions/corporate bodies, as approved by asset management companies, so long as they conform to SEBI regulations
  • Qualified Foreign Investors (QFIs)