Reasons Why NRIs Should Invest in Indian Mutual Funds
Despite a challenging external environment, India will have the fastest-growing economy among the seven largest emerging markets and developing economies. India’s economy is now the fifth greatest in the world, surpassing the British economy.
Growth in India
Option for Investments
NRIs used to make significant investments in India’s real estate industry. The real estate market, however, has not been doing well lately. Another favourite of Indians, gold, has historically had negative and slow growth. Mutual funds provide far better returns than the first two types of investing
Minimal Time and Effort
Investing in equities, bonds, securities, and other channels requires a high level of expertise and diligence. When you invest in a mutual fund, you are outsourcing your investment decisions. Mutual fund professionals do the heavy labour for you.
Simple and Convenient
Mutual funds are a popular investment product due to their simplicity and ease of access. They are also highly customizable, allowing investors to tailor their investments to their specific needs. Opening an account is a breeze, requiring minimal documentation.
The benefit of mutual funds is that you do not need to worry about this. Mutual funds, by their very nature, diversify and spread out investments. Those who invest in equities, bonds, etc., must diversify their holdings.