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How do I cancel a PoA from an NRI mutual fund account?

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To cancel a POA you need to write a letter to the mutual fund company informing that you no longer want to continue with the PoA and will directly participate in the scheme.

Topic: NRI Mutual Fund Investment Online in India Article

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Find more questions on this topic

  1. Can NRI invest in mutual funds?
  2. Can US NRIs invest in Mutual Fund?
  3. Does an NRI need PIS certificate to invest in Mutual Funds?
  4. What is the power of attorney (PoA) for NRI mutual funds?
  5. How to add a POA to an existing NRI Mutual Fund account?
  6. Does mutual fund investment by NRIs attract double taxation?
  7. Is indexation applicable on mutual funds for NRI?
  8. Can NRI Buy Direct Mutual Fund?
  9. Can an NRI invest in mutual funds through foreign currency?
  10. Can an NRI, with just a PAN card, invest in Indian mutual funds and stocks?
  11. What happens if I invest in Mutual Funds as an ordinary resident after becoming an NRI?
  12. Can a Power of Attorney holder invest in Mutual Funds on behalf of NRI?
  13. Can an NRI invest in a mutual fund tax savings scheme?
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