The trust, in collaboration with the Charles Wallace (India) Trust, proposes to award three Fellowships for further professional training, study, education or research to citizens of India at an early stage in their professional career normally employed by museums, galleries, or other specified institutions concerned with the preservation, study and display of India's art and cultural heritage.

The Fellowships are tenable at the Victoria and Albert Museum or other associated institutions in the United Kingdom, are normally for a period of three months (to fall between April 2008 and March 2009), and provide a return air fare to and from the UK and a maintenance allowance etc. for a single person.

Candidates wishing to apply for these fellowships must contact the institution (s) to which they hope to be attached before submitting their application, to ensure that their proposed plan of training, study or research can be accommodated and to gain the receiving institution's agreement in principle to their proposed visit. Candidates must submit documentation indicating the receiving institution's agreement to their proposed visit.

At the conclusion of the tenure of their awards, Visiting Fellows will be required to submit a detailed report of their work to the Trustees and, in the case of holders of Fellowships jointly funded be the Nehru Trust and The Charles Wallace (India) Trust, also to the Trustees of the Charles Wallace (India) Trust. This report should be certified by a representative of the award holder's host institution.