India has turned into a splendid investment destination for Non-Resident Indians and persons of Indian origin. A growing & robust economy, a strong Rupee and profitable companies have together ensured that investors get maximum returns from both equity and debt markets. A highly transparent and automated stock exchange and a resonant mutual fund industry have ensured that investments are liquid and transparent. Taking advantage of this environment and our proven experience in the market.
An NRI can invest in India through two different routes: one is the “automatic route,” where no government approvals are required, and the other is the “government route,” where an NRI needs to take approval from the government before making an investment.
Also, an NRI investment opportunity will specify whether it can be repatriated or not. Repatriation refers to a condition when the amount can be transferred to the source.
Some of the investment options are government securities, treasury bills, mutual funds, bonds issued by PSU, certificate of deposits, perpetual bonds, stocks, ETF, money market mutual funds, real estate property, company deposits and more
But for money to be parked for short term or long-term investments, an NRI needs to have any one of three following types of banks accounts: