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How can a foreign citizen invest in mutual funds in India?

Apply for PAN card in India and complete the KYC requirement

My son is a British citizen. Does he need PAN and KYC compliance for investing in mutual funds in India?
-M Ramaswamy

Yes, being a PAN holder and completing KYC requirements is mandatory to be able to invest in mutual funds in India. You can refer to our story Doors Open for Foreign Investors to understand how a foreign national can invest in mutual funds in India.

To apply for PAN, foreign nationals need to use Form 49AA. You can visit this link to apply for PAN. Please go through the procedure & requirement for the same.

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