Can non return filing nre invest in mutual funds ?

SushantSingh (Others) (110 Points)

17 June 2019  

Dear experts, I am a non resident working in the middle east. Since I do not have interest income or other income generated in India, or income is below minimum exemption limit of 2.5 lacs, I do not file ITR. 

However, can I invest in mutual funds in India from salary earnings made in the middle east ? Is there any cap on the investment, even though I am not filing returns ?

I can explain source of funds as salary, and have the requisite number of days outside country.

Is filing returns a pre-requsite for investing in mutual funds ? Is there any upper limit.

Please advice.