NRI Investment Options Through NRI Demat Account Contents Can an NRI open a demat account? Types of NRI Demat Account Is PIS account mandatory for NRI? Is NRI demat account taxable? What is the difference between demat account and NRI demat account? What is the benefit of NRI demat account? Can I buy IPO as NRI? Can NRI invest in mutual funds without PIS account? Investing decision making is a complex process and for making investments NRI need proper channel for hassle free experience and peace of mind. As per FEMA guidelines NRI cannot invest like resident Indians through normal resident demat accounts. NRI need to open NRI demat account for making investments and funds in these account can flow through NRE (Non Resident External) or NRO account (Non Resident Ordinary) accounts. Can an NRI open a demat account? Yes NRI can open account in India and can make investment in Stocks Mutual funds ETFs ESOPs . Types of NRI Demat Account An NRI can in