Can you suggest mutual funds for US based NRIs

I might move to USA for couple of years. I know I can invest in only certain Indian mutual funds. My risk appetite is moderately high. Would like to invest in the following manner 35% in mid and small caps, 20% in diversified fund, 20% in large cap, 25% in balanced fund (hybrid oriented). My investment horizon is more than 5 years. Could you please let me the best possible mutual fund schemes by considering only the funds which allows US NRI to invest? I would greatly appreciate your help on giving recommendation for this question?

May 7, 2017 by Bharghav, Bengaluru | Mutual Fund

The number of AMCs accepting investments from US based NRIs are many. SBI Mutual Fund, ICICI Prudential Mutual Fund, Reliance Mutual Fund, DHFL Pramerica Mutual Fund, L&T Mutual Fund, PPFAS Mutual Fund, Sundaram Mutual Fund, UTI Mutual Fund and Birla Sun Life mutual Fund are accepting these investments.

Following funds from respective categories could be considered. Large Cap - SBI Blue Chip Fund, Birla Sun Life Frontline Equity Fund, ICICI Prudential Top 100 Fund. Diversified - ICICI Prudential Value Discovery Fund, Birla Sun Life Equity Fund and SBI Multi-cap Fund. Mid/ Small cap - Reliance Small Cap Fund, L&T India Value Fund and SBI Magnum Midcap Fund. Balanced Funds - ICICI Prudential Balanced Fund, L&T India Prudence Fund

Hope the above helps! Thanks for writing to Advisorkhoj !

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