Skip to main content

Investment opportunities in India for NRIs

Download Tax Saving Mutual Fund Application Forms

Invest In Tax Saving Mutual Funds Online

Buy Gold Mutual Funds

Leave a missed Call on

94 8300 8300

 

 

There are several investment options for NRIs. While NRIs who have a high risk appetite can opt for equities and real estate, risk-averse NRIs can look at investing in Savings accounts, FCNR (B) account, fixed deposits, Treasury bills, mutual funds, PSU bonds, non-convertible debentures, Public Provident Fund, National Savings Certificate and Post Office Savings Schemes. As an NRI, you must assess your risk-taking ability and investment time horizon before choosing your investment options in India. Let’s look at some important investment options:

Equities: NRIs can invest directly in Indian stocks by opting for the Portfolio Investment Scheme of RBI, wherein NRIs can purchase and sell shares on a recognized stock exchange. This can be both on a repatriable as well as non-repatriable basis, and should be routed through his NRI Savings account. Contact your bank where you maintain your NRI Savings account for more details.

Mutual Funds: As direct investment in stocks is more risky, NRIs can also opt to invest in mutual fund schemes. You must simply mention your residential status in the application form and submit your KYC documents. Investments can also be made in debt mutual funds. If you are a short term investor, you can invest in liquid funds (upto 90 days) or liquid plus funds (upto 1 year). Floating rate funds offer returns in line with the interest rate movement in the economy. Long term debt mutual funds can either be income funds, dynamic bond funds or G-sec funds, depending on your investment time horizon. These funds are subject to dividend distribution tax (for dividend schemes) and capital gains. The regulations in the country of residence must be checked before investing.

Real Estate: As an NRI, you can invest in properties, either for self-use or for receiving rental income. You can either use your own funds or take a home loan for this purpose. Rental income and sale proceeds of real estate can be repatriated by NRIs, subject to foreign exchange regulations applicable in India. NRIs will be subject to tax on the income earned from real estate in India.

Savings Accounts: Savings accounts can be NRO (Non-Resident Ordinary) savings account or NRE (Non-Resident External Rupee) savings account. These are rupee denominated accounts. Interest earned on NRO accounts are liable to tax while the same earned in a NRE account is not taxable. Repatriation is easy in a NRE account, but you must report any repatriation done from a NRO account to RBI.

Foreign Currency Non Resident (Bank) Account - FCNR (B) Account: This is a term deposit account and you can invest both for the short term and long term (upto 5 years). Maintained in any freely convertible currency, this account earns interest depending on the currency. Funds from here are repatriable.

Fixed Deposits (FDs): NRO FD and NRE FD can be opened depending on your repatriation preference, for both the short term as well as long term,. Banks are free to determine the FD interest rates. Interest earned on NRE FDs is exempt from tax, whereas the interest on NRO FD is subject to tax. You can also take a loan against your FD.

PSU bonds: NRIs are allowed to subscribe to bond issuances by public sector companies only on a repatriable basis. The investment earns a fixed interest which is subject to tax, and you will also have to pay capital gains tax, as applicable.

T-Bills: NRIs are permitted to invest in treasury bills issued by the Government for varying maturities (maturities range from 1 month to 364 days) and for a minimum investment amount of Rs. 25,000. Absolutely safe in nature, these investments can be both on a repatriable as well as non-repatriable basis.

Non-convertible debentures (NCD): Investing in NCD issues by Indian companies is allowed provided the issuer allows NRI investment. Similar to PSU bond issuances, a fixed interest is paid, which is subject to tax.

Investments made while you were a resident in India: Some investments like Public Provident Fund, National Savings Certificate and Post Office Savings Schemes, which are completely safe instruments may have been made by you while you were a resident. These can be continued till the time of maturity.

While equities and real estate give you higher returns compared to other investments discussed here, the returns are highly risky, uncertain and irregular for these two investment types. You must therefore choose your investments depending on your risk-return preferences

For further information contact Prajna Capitalon 94 8300 8300 by leaving a missed call

Leave a missed Call on 94 8300 8300

Leave your comment with mail ID and we will answer them

OR

You can write back to us at

PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Download Mutual Any Fund Application Forms

---------------------------------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Franklin India Bluechip
      4. ICICI Prudential Top 100 Fund

B. Large and Midcap Funds Invest Online

      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
      4. Birla Sun Life Front Line Equity Fund
      5. Franklin India Prima

C. Mid and SmallCap Funds Invest Online

      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
      5. Birla Sun Life Dividend Yield Plus
      6. SBI Emerging Businesses Fund
      7. HDFC Mid-Cap Opportunities Fund
      8. ICICI Prudential Discovery Fund

D. Small and MicroCap FundsInvest Online

      1. DSP BlackRock MicroCap Fund

2.Franklin India Smaller Companies

E. Sector Funds Invest Online

      1. Reliance Banking Fund
      2. Reliance Banking Fund
      3. ICICI Prudential Banking and Financial Services Fund

F. Tax Saver Mutual Funds Invest Online

1. ICICI Prudential Tax Plan

2. HDFC Taxsaver

      1. DSP BlackRock Tax Saver Fund
      2. Reliance Tax Saver (ELSS) Fund

G. Gold Mutual Funds Invest Online

      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund
      4. Birla Sun Life Gold

H. International funds Invest Online

1. Birla Sun Life International Equity Plan A

2. DSP BlackRock US Flexible Equity

3. FT India Feeder Franklin US Opportunities

4. ICICI Prudential US Bluechip Equity

5. Motilal Oswal MOSt Shares NASDAQ-100 ETF

Popular posts from this blog

Post Office Deposits Interest Rates

Best SIP Funds to Invest Online   SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich For further information on Top SIP Mutual Funds contact  Save Tax Get Rich on 94 8300 8300 OR You can write to us at Invest [at] SaveTaxGetRich [dot] Com
Read more

HDFC Capital Protection Oriented Fund – Series II 36M May 2014 NFO

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300     HDFC Capital Protection Oriented Fund – Series II 36M May 2014 NFO will be open for subscription from 16th May 2014 to 30th May 2014. The key features of the scheme are as mentioned below:   Type of Scheme A Close Ended Capital Protection Oriented Income Scheme Benchmark Crisil MIP Blended Index Fund Manager Mr. Anil Bamboli , Mr. Vinay R Kulkarni & Mr. Rakesh Vyas New Fund Offer (NFO) Period 16 th May 2014 to 30 th May 2014. Minimum Application Amount Rs. 5000 and in multiples of Rs.10 thereafter Plans/ Options Offered Growth and Dividend Payout Facility Liquidity To be listed For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
Read more

How Tax Deducted at Source (TDS) works?

    THE tax season is here. And if you are an employee you can't blame your employer for deducting large chunks of money from your salary towards tax deducted at source ( TDS ), which he is legally obliged to do. Your bank will also deduct some percentage from your FD interest of Rs 10,000 or more towards TDS! So what is this TDS all about? How is it computed? Are there any changes this year? Read on... What is TDS? TDS reduces your taxable income and could even provide tax relief! The TDS collections account for 40 percent of the total taxes collected in the country. As the name suggests TDS is the amount of tax that is deducted at source in certain types of income . The TDS thus collected is deposited in the Government treasury within a specified time. How is it computed? Some of the types of income where TDS is applicable include salary, interest, rental fee, interest on securities, insurance commission, dividends from shares and UTI/Mutual Funds, commission and brokerage
Read more

How to PPF Account extension after maturity

A PPF account can be retained after maturity without making any further deposits. The balance will continue to earn interest till it is closed. Public provident fund or PPF remains one of the most popular savings options for the long term despite a gradual decline in interest rates over the years. PPF accounts have a maturity period of 15 years and they can be extended. If there is no fund requirement, financial planners say, PPF account holders should extend the account beyond 15 years. In terms of income tax implications, PPF accounts enjoy the benefit of EEE (exempt-exempt-exempt) status . Under Section 80C, contribution up to Rs 1.5 lakh in a financial year qualifies for income tax deduction. The interest earned and maturity proceeds are also tax free. What are your options when a PPF account matures? 1) A PPF account can be closed after the expiry of 15 financial years from the end of the year in which the account was opened. 2) The subscriber can retain his
Read more

Indian Railways Seat Availability and Train Fare Enquiry

Enter the PNR for your train booking to find its status. Your 10 Digit PNR : Are you looking for Indian Railways Seat Availability information for trains between any two Indian Railway stations? Well, here is a detailed guide to find out seat availability and train fare information for journey between any two stations by any train on any chosen journey date. The holiday season is around and Indian all around are busy making Indian Railways Reservation .But before making the reservation, they would like to check berth availability information and here is a detailed step by step guide to check seat availability and train fare. How to check Indian Railways seat availability · 1. Go to the Indian Railways Passenger Reservation Enquiry page to check seat availability by clicking here [link] · 2. Enter the first few characters of the Originating Station against Source Station Name. For eg., if the origination station is chennai, enter "Che" against Sou
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now