Notice No20191010-2Notice Date10 Oct 2019
CategoryTradingSegmentMutual Fund
SubjectRestricted countries for NRI transactions in schemes of IDFC Mutual Fund

This is in continuation to our Notice No.  20181117-5 dated November 17, 2018 regarding countries restricted for NRI transactions in schemes of IDFC Mutual Fund on BSE StAR MF platform.

Further, we have received communication from IDFC Mutual Fund regarding restriction of additional countries for non-acceptance of NRI application from investors belonging to below countries with immediate effect.

1.    Zimbabwe

2.    Venezuela

3.    United States of America

4.    Ukraine

5.    Somalia

6.    Russian Federation

7.    Panama

8.    Nicaragua

9.    Liberia

10. Iraq

11. Ghana

12. Cote DIvoire

13. Congo, The Democratic Republic

14. Canada

15. Cambodia

16. Burundi

17. Botswana

18. Belarus

19. Bahamas 


Ketan Jantre                                                   Zeeta Eustace 

Sr. General Manager – Mutual Funds          Asst. General Manager – Mutual Funds