4 Prolific Investment Options for NRIs
Bangalore: If you are a Non-Resident Indian (NRI) and willing to invest, don’t forget to choose India one among your investment destination. India has numerous investment schemes which are designed specifically to suit the needs of an NRI. What are they and how can they benefit you? To quench your thirst, read about the schemes below.
For investing in the fixed income options you can choose corporate deposits, non-convertible debentures, government securities and PSU bonds issued in India, both on a repatriable and a non-repatriable basis. Well repatriable assets are those assets which can be moved from a foreign country back to an investor's home country on the other hand non- repatriable assets are those cannot be easily moved from foreign country back to an investor's home because of the physical nature or legal complications.
For investing in stock market of India, an NRI is required to so with the help of an approved Portfolio Investment Scheme (PIS) of a bank. This means they need PIS for making an investment in the secondary markets, or shares as well as debentures traded on the stock exchange both on repatriable and non-repatriable basis stock market of the country. While for funding an initial public offers (IPOs), it can be done through direct investment.
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