What to do with your investments when you become an NRI?

Raman (33) has received an exciting offer to work for a big company abroad and will be relocating next month. He plans to return to India someday but doesn't see that happening for at least the next five to seven years. He has a few lakhs invested across several mutual fund schemes in India and wants to continue with his SIPs. But he's not sure if he can do so upon becoming a Non-resident Indian (NRI) or if there are any formalities that he needs to complete to ensure continuity.

This article was originally published on March 23, 2022, and last updated on January 04, 2023.