NRI Corner

A Clear Guide to Investing in India with ALTPORT

Who is an NRI?

A Non-Resident Indian (NRI) is an Indian citizen who stays outside India for more than 182 days during a financial year (1 April – 31 March).

NRIs retain Indian citizenship
Foreign income is not taxable in India
Only India-sourced income is subject to Indian taxation

Why NRIs Are Investing Back in India

India’s rapid economic expansion and strong inflow of Foreign Direct Investment (FDI) have made it an attractive destination for global capital—including NRI wealth.

At ALTPORT, we simplify the complexities of NRI investing by:

Removing regulatory and operational hurdles
Providing access to structured, compliant investment routes
Focusing on long-term, risk-managed opportunities

India offers scale, growth, and resilience—making it a compelling market for NRIs seeking diversification and long-term returns.

Can NRIs Invest in India?

Yes. NRIs are legally permitted to invest in Indian capital markets under RBI and SEBI regulations.

At ALTPORT, we help NRIs navigate:

Eligibility requirements
Documentation and account setup
Investment structuring and regulatory compliance

Investment Options Available for NRIs

Investment Option	Description
Portfolio Management Services (PMS)	Actively managed equity or hybrid portfolios tailored to investor objectives
Alternative Investment Funds (AIFs)	Access to private equity, private credit, hedge strategies, and special situations

Our expert team ensures investments are structured prudently and aligned with individual financial goals.

Why India is an Attractive Investment Destination

1. Economic and Political Stability

World’s largest democracy
Stable government and policy continuity

2. Strong Regulatory Framework

Reserve Bank of India (RBI)
Securities and Exchange Board of India (SEBI)
Strong focus on transparency and investor protection

3. Global Standing and Growth

Ease of Doing Business rank improved from 142 (2014) to 63 (2019)
Ranked 68th in Global Competitiveness Index (2018–19)
One of the fastest-growing major economies

4. Policy Support

Atmanirbhar Bharat Abhiyan: ~$270 billion stimulus (~10% of GDP)
Focus on infrastructure, manufacturing, and financial markets

5. Tax Benefits for NRIs

Access to Double Taxation Avoidance Agreements (DTAA)
Avoids paying tax twice on the same income
Agreements with USA, UK, Canada, France, Italy, and more

Eligibility Criteria for NRIs – AIF & PMS

Criteria	Requirement
Minimum Corpus (Self-Investing)	₹20 Crores
Minimum Corpus (Angel-backed)	₹10 Crores
Sponsor / Manager Commitment	₹5 Crores or 2.5% of corpus (whichever is lower)
Maximum Investors per Scheme	1,000

Mandatory Accounts for NRIs

Demat Account
Trading Account
NRE or NRO Bank Account

Account Type	Purpose	Tax Treatment
NRE Account	Foreign earnings parked in India	Tax-free
NRO Account	Income earned in India	Subject to TDS

Taxation for NRIs in India

NRIs are taxed only on income earned or accrued in India. Foreign income remains exempt unless received in India.

Taxable Income Includes:

Capital gains from shares and mutual funds
Interest on deposits
Rental income from property

Key Taxation Rules

Tax slabs depend on income, not age or gender
TDS applies to all NRI income
Limited deductions available
Return filing may not be mandatory under Section 115G in some cases

Capital Gains Overview

Asset Type	Holding Period	Tax Treatment
Debt Mutual Funds	< 36 months	Short-term, slab rate (30% TDS)
Debt Mutual Funds	> 36 months	Long-term, 20% tax
Equity Shares / Equity MFs	Short & Long term	STCG & LTCG applicable with TDS

If excess TDS is deducted, filing a return is required to claim a refund.

How ALTPORT Helps NRIs

At ALTPORT Pvt. Ltd., our experienced investment team supports NRIs with:

Investment structuring
Regulatory compliance
Tax-efficient strategies
Ongoing portfolio monitoring