Investment avenues available in India

Before you start your investment process, here are a few answers to some fundamental points that you might have in your mind.

Investment under Automatic Route with repatriation benefits

Non Resident Indians (NRIs), Person of Indian Origin (PIOs) and Overseas Corporate Bodies (OCBs) can invest in shares / convertible debentures of Indian companies under the Automatic Route without obtaining Government or RBI permission except for a few sectors where Foreign Investment Promotion Board (FIPB) / SIA permission is necessary, or where the investment can be made only up to a certain percentage of paid up capital.

Investment with Government approval

Investments not eligible under the Automatic Route, are considered by the FIPB, a high Powered inter-ministerial body under the chairmanship of Secretary, Department of Industrial Policy & Promotion, SIA, subject to sectoral limits / norms. These investments also enjoy full repatriation benefits.

Other investments with repatriation benefits

	Investment in Domestic Mutual Funds
	Investment in Bonds Issued By Public Sector Undertakings
	Purchase of Shares Of Public Sector Enterprises
	Deposits with Companies (For A Minimum Period Of 3 years)
	Investment in Government Securities / Shares

Investments up to 100% equity without repatriation benefits


	Capital Contribution to any Proprietary or Partnership Concern	NRIs can invest by way of capital contribution in any proprietary or partnership concern in India provided the firm or the proprietary concern is not engaged in any agricultural/plantation activities or real estate business or Print Media on non-repatriation basis subject to the certain conditions.

	New Issues of Shares / Debentures of Indians Companies	NRIs / OCBs as been ranted general permission to subscribe to the shares/convertible debentures of an Indian company on non-repatriation basis, and to an Indian company to issue shares or convertible debentures by way of new / rights / bonus issue to NRIs / OCBs on non-repatriation basis provided that the investing company is not engaged in agricultural / plantation activities or real estate business (excluding real estate development i.e. development of property or construction of houses) or chit fund or is not a Nidhi company.

Other investments by NRIs / OCBs without repatriation benefits

- Investment in Non Convertible Debentures
- Money Market Mutual Funds
- Deposits With Companies
- Commercial Papers (OCBs are presently not permitted)