Some of the best avenues for NRIs (non resident Indian) investments in India are listed below. Although there is usually a lot of paperwork and compliance requirements for NRIs, India offers great returns on investment compared to most countries in the world.
Equity mutual funds are also known as stock funds or equity funds. While there are many different types of equity mutual funds in India, diversified equity funds are known to be the most popular ones
For those who haven’t started their investing journey yet, SIP or Systematic Investment Plan in mutual funds is the best way to start.
SIP allows you to start with as little as Rs 500 per month. Gradually as your confidence improves, you can start investing more.
This plan outlines how you can become a millionaire 10 times over in a span of 12 years.
To be financially free, you can plan to have a corpus which can be invested in such a way, that it can earn you a salary every month without you having to do anything else. And you need not wait till your retirement to follow your passion.
An equity linked savings scheme (ELSS) is a form of diversified equity fund. ELSS investments are eligible for tax exemption under section 80C of Income Tax Act.
How would you feel if I showed you a way to become an entrepreneur without actually building your own business?” – without going through the grind, without getting your hands dirty, without leaving the comfort of your present jobs,….