The #1 barrier for NRIs while investing in India isn’t returns but compliances (like PFIC rules for US NRIs) & access (limited choices). Investing in Indian equities is complicated for NRIs, no matter which country you're in. Just like NRI banking has two accounts - NRE (money from abroad) and NRO (money earned in India) - your demat account has variants too. PIS and non-PIS, explained PIS (Portfolio Investment Scheme) route is an older mechanism that needed special RBI appro
