Are you an NRI looking for the best investment options in India? Welcome to our ultimate PMS investment options guide. In this blog, we will try to help all the NRI's to find the right investment options in India.
Being an NRI you might have considered investing before in India and passed on when the process appeared a tad bit complex. But, you really are looking for the best investment option for NRI in India as you know it's the most effective way of participating in today's economy. Investing and creating wealth in India is amazing as our country has so much potential for growth compared to other mature markets.
What are the Best Investment Plans for NRIs?
There're a lot of lucrative investment choices that NRI can consider when thinking of investing in India, and it includes:
Fixed Deposits
Mutual Funds
Stocks & Bonds
Real Estate
Let us look all of them in detail:
1) Fixed Deposits:
Fixed deposit is one most common and highly chosen mode of investment by NRIs in India. As an NRI, one can open the FD account in any Indian bank that is authorised in dealing with the foreign exchange. In easy terms, an NRI will be able to open the term deposit by 3 different kinds of accounts and it is NRO, NRE, FCNR accounts. Banks generally offer attractive and higher rates on the NRI Fixed Deposits.
2) Mutual Funds
This possess moderate risk. But, it is neither very risky as stock markets nor safe as bank FDs. The mutual funds can offer you higher returns compared to bank FDs. There're different fund houses that provide different funds and AIF Investment Options to invest in. So choose according to your risk profile & financial goals.
NRIs are allowed to invest in MF through their NRE or NRO accounts. You have to invest in Rupees and no other foreign currencies. Rate of returns depends on a type of fund (equity, debt, or hybrid) invested in.
3) Stocks and bonds
Many companies and governments need money for different types of projects and expansion. Thus, bonds get issued to borrow money. When you make an investment in bonds, you are considered as the lender not like equity wherein you have the equity stake in a company.
As an NRI, you will have complete freedom of investing in the bonds or government securities. Investors will get fixed returns over such bonds that are issued by the companies and government institutions. Suppose purchase is done by NRE or FCNR accounts, proceeds are repatriable easily to your current country.
4) Real estate sector:
Real estate investment is the traditional and most favourite investment option of NRIs. Most of the Indians leave the country and reside in other countries. However, having a property in your country will be considered as the most valuable possession. Besides financial appreciation, this gives you a feeling of emotional security too. Real estate segment is considered as the most lucrative investment choice for NRIs.
Being an NRI, one can purchase commercial and residential properties. There's not any restriction on the number of properties purchased. However, you can't buy agricultural lands, plantations or farm houses.
Final Words
The above-mentioned investments options are the fixed-income and some of them are the financial market-linked. These investment options play an important role in your process of creating wealth in India. For long-term investment goals, it's very important to make the right choice and take help of the PMS investment options.
