Ans.
Yes, NRI can also invest in following securities without limit - on repatriation basis:
•Government dated securities (other than bearer securities) or treasury bills or Units of domestic mutual funds.
•Bonds issued by a public sector undertaking (PSU) in India.
•Shares in Public Sector Enterprises being disinvested by the Government of India.
•Bonds/ units issued by Infrastructure Debt Funds
•Listed Non-convertible/ redeemable preference shares or debentures
Further, NRI/ can also invest in following securities without limit - on non-repatriation basis:
•Dated Government securities (other than bearer securities), treasury bills, units of domestic mutual funds, units of money Market Mutual Funds, or National Plan/ Savings Certificates
•listed non-convertible/ redeemable preference shares or debentures in case of Merger & Demerger
•subscribe to the chit funds authorized by the Registrar of Chits or an officer authorized by the State Government in this behalf.