AMC Eligibility Checker
See which Indian mutual fund houses currently accept fresh investment from NRIs resident in the USA or Canada, and what extra paperwork each one asks for.
AMC restrictions on NRI investment are driven by US/Canada-specific FATCA rules -- select your country to see what applies to you.
Type an AMC name to filter the list below.
10 fund houses shown
SBI Mutual Fund
ConditionalOffline transaction only, with an additional signed declaration -- no direct online onboarding for US/Canada NRIs.
Last verified: 2026-08-31
ICICI Prudential Mutual Fund
ConditionalOffline transaction only, with an additional signed declaration.
Last verified: 2026-08-31
Aditya Birla Sun Life Mutual Fund
ConditionalAn additional FATCA declaration is required alongside standard NRI KYC.
Last verified: 2026-08-31
UTI Mutual Fund
Accepts NRIsAccepts a digital FATCA declaration -- no offline-only requirement reported.
Last verified: 2026-08-31
Nippon India Mutual Fund
Accepts NRIsNo extra conditions beyond standard NRI KYC and FATCA paperwork.
Last verified: 2026-08-31
Sundaram Mutual Fund
ConditionalRequires a physical/offline declaration.
Last verified: 2026-08-31
HSBC Mutual Fund (formerly L&T Mutual Fund)
ConditionalRequires a physical declaration; does not accept investment in close-ended schemes.
Last verified: 2026-08-31
PPFAS Mutual Fund
Accepts NRIsNo extra conditions beyond standard NRI KYC and FATCA paperwork.
Last verified: 2026-08-31
Tata Mutual Fund
Accepts NRIsNo extra conditions beyond standard NRI KYC and FATCA paperwork.
Last verified: 2026-08-31
Navi Mutual Fund
ConditionalAccepts a digital FATCA declaration.
Last verified: 2026-08-31
This list is not exhaustive -- it covers only the AMCs whose US/Canada NRI policy could be corroborated by multiple sources at the time of research. Several well-known fund houses are deliberately left out because sources disagreed on their current policy. Always confirm directly with the AMC (whether listed here or not) before investing, since these policies change without notice.
AMC acceptance of US/Canada NRI investment is each fund house's own internal policy, not a regulatory rule, and can change at any time without notice. This checker is manually researched and cross-checked against multiple sources but is not an official registry -- confirm directly with the AMC before investing. See each entry's "last verified" date.
How the AMC Eligibility Checker Works
Since FATCA (the US Foreign Account Tax Compliance Act) came into force, most Indian mutual fund houses stopped accepting fresh investments from NRIs resident in the US or Canada, because the ongoing FATCA reporting burden wasn't worth it for many AMCs. Some fund houses have since resumed accepting US/Canada NRIs -- usually with extra paperwork like an offline application or an additional FATCA declaration. This checker tells you which AMCs currently do, based on a curated, cross-checked list.
This is deliberately not a complete directory of India's 40+ AMCs. Fund houses whose current US/Canada policy was unclear or where sources actively disagreed were left out entirely rather than guessed at -- a wrong 'yes' here could waste your time on an application that gets rejected. AMC policies also change without notice, so always confirm directly with the fund house before investing, even for an AMC listed here as accepting.
Frequently asked questions
My AMC isn't listed here -- does that mean it doesn't accept US/Canada NRIs?
Not necessarily. This list only includes AMCs whose acceptance was corroborated by two or more independent sources at the time it was compiled. An AMC's absence just means its current policy wasn't confirmed either way -- contact them directly to check.
Why do only US and Canada NRIs face this restriction?
FATCA is a US law with reporting obligations that extend to Canada through an intergovernmental agreement. NRIs resident in other countries generally don't trigger the same compliance burden for Indian AMCs, so this restriction is specific to US/Canada residency.
If an AMC accepts me, is the process the same as for a resident investor?
Usually not -- AMCs that accept US/Canada NRIs typically require an offline/paper application with an additional FATCA self-declaration, rather than the instant online KYC a resident or other-country NRI would use.