NRIs can Insure and Invest
Money speaks wherever it is and in whatever way it is. Indian fly out, take risks to earn and for the welfare of the family, children and parents. Saving is very essential and important for the future. The most important is diversification. Never invest all funds in one place.
The investment should be in such a way that it can be recovered or transferred without any problem. Most investments provide easy transfer and liquidation. The major problem in all investments is Trust.
The investor, for all investments, needs to have an experienced and trustworthy advisor to help on a single call. Due to the time difference and currency valuation, it is not so easy to convince the NRI proposer so easily.
NRIs can Insure and Invest
It is easy now for investors to invest in India. From Insurance, Mutual Funds, and Fixed Deposits for short-term and long-term goals, plans are available. A goal-oriented, long-term investment may yield good returns in the future.
It is always recommended to keep investments away from Insurance. But there are many Insurance plans which give good returns as well as guaranteed returns for a lifetime. The rate of interest under these plans or more or less equivalent to the Bank FD rates. It is better to get Insurance coverage as well as returns in the future.
Mutual Funds
Indian markets are performing when other markets are down. This is the time to invest in shares and mutual funds. Indian markets are going strong when compared to the Western markets. From shares to large cap, midcap, bonds, debentures etc there is a vast scope of investment.
Insurance plans
There are Insurance plans which can give you insurance as well as returns more than your FD returns. Insurance plans also get tax savings as per the tax brackets of the investor. It is easy to park funds in Insurance as it gives combo options like Insurance and guaranteed returns of funds and all bonuses if any. There are many plans under the Insurance category which give the maximum benefits to Resident Indians as well as to Non-Resident Indians – NRI.
For more information and to invest, contact us at 9886568000