Minimum eligibility for listing: An operating revenue of $20 million, a pre-tax profit of $1 million, and a post-issue market capitalisation of $25 million.
When NRIs invest in existing Indian mutual fund schemes, their returns are diminished by approximately 3% annually due to the depreciation of the rupee against the dollar, as both the investment and withdrawal are in INR.
The NDA's previous two terms have seen the launch of several NRI-friendly financial services and schemes. The third term promises to bring in further enhancements in this area.