Purchase of foreign companies shares

DEAR SIR

ONE OF MY CLIENTS WANTS TO PURCHASE SHARES OF THE FOREIGN COUTNRIES FOR WHAT NORMS AND RULES SHOULD BE SATISFIED AND WHAT ARE THE RBI GUIDE LINES

Replies (1)

If you don't know much about stock selection or mutual fund and why don't you invest the said amount in a diversified equity fund? This could be a safer bet as the stock selection is handled by a full time professional manager by paying a fraction of fees and keeps you free of hassles like determining the price and keeping track of it. More information about the stock market just clicks and knows about the online market.

 

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