TMI BlogInvestments by Non-Resident Indian (NRI) or Overseas Citizen of India (OCI) on repatriation basisX X X X Extracts X X X X X X X X Extracts X X X X ..... any A Non-resident Indian (NRI) or an Overseas Citizen of India (OCI) may purchase or sell equity instruments of a listed Indian company on repatriation basis, on a recognized stock exchange in India, subject to the following conditions, namely :- (a) NRIs or OCIs may purchase and sell equity instruments through a branch designated by an Authorized Dealer for the purpose; (b) The total holding ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eas Citizen of India (OCI) may without limit purchase or sell units of domestic mutual funds which invest more than 50 percent in equity. (3) Purchase or sale of shares in public sector enterprises A Non-resident Indian (NRI) or an Overseas Citizen of India (OCI) may, without limit purchase or sell shares in public sector enterprises being disinvested by the Central Government, provided the purc ..... X X X X Extracts X X X X X X X X Extracts X X X X
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