Yes, NRIs can very much invest in mutual funds in India. Of the emerging markets, India has been outperforming the rest.
We believe this is not a flash in the pan; the structural reforms implemented by the Government of India such as a uniform country wide Goods & Services Tax (GST), New Bankruptcy Code augur well for the country.
A huge push towards building infrastructure, airpots, sea ports are all going to yield significant results in the coming years.
Given these, an NRI investor should definitely consider investing in Indian equities via equity mutual funds.
Go for an online portal like Jama.co.in, the process is completely online and seamless. Two big factors to consider:
- Invest in direct only plans – 0% commission means you make upto 40% more
- Trusted advisory. Go for a reasonably priced advisory plan. Avoid platforms that promise everything free. Given the huge costs involved in acquiring customer and running the platforms, they recover that from the investor by showcasing wrong funds or offering suboptimal advice.
Invest Safe & Invest Well!
