As a non-resident Indian, you might have managed to amass a fortune that not all can make. But while you work hard to earn, it remains equally important that you keep your hard-earned money safe and growing. This is where NRI portfolio management comes in handy.
Why Such a Service is Crucial?
Managing the NRI portfolio in India is important for various reasons. To begin with, expert consultations help to diversify your investment options. You can also get professional help to spread the probable risk across sectors, asset classes, and geographies. Such services can also help you optimize your tax liabilities.
This is possible by strategically planning your investment. If you are looking for a regular income through rental from properties, as well as from stocks that pay handsome dividends, then some assistance with NRI financial planning for India and USA can do you good. You can also use the services to create wealth on a long-term basis. Plus, the convenience of professional aid saves you both effort and time. Plus, expert aid reduces the risks that the market typically involves. Also, the transfer of funds to just about any corner of the world becomes easy.
Finding your best Investment Option
To optimize your NRI portfolio management India, you get the chance to explore various options. This includes stocks and equity shares in different Indian companies, mutual funds to diversify your portfolios, investment in real estate, such as commercial, residential, and rental properties, fixed deposits for high-yield savings, government, and corporate bonds, Exchange-Traded Funds (or ETFs) to trace market indices, and even go for alternative lines of investments, such as private equity and hedge funds. However, what might work best for you is not likely to work for the other. You can choose the best options by getting help from NRI financial planning for India and USA.
Your best Investment Vehicle
Depending on your unique needs, you can choose from a Non-Resident External or NRE Account for repatriable deposits, a Non-Resident Ordinary or NRO Account, which is for non-repatriable deposits, a Portfolio Investment Scheme or PIS, which involves direct stock market investment, an NRI Mutual Fund Schemes, which are specifically customized for NRIs.
Getting help
Your NRI portfolio management India service would work to identify high-risk areas, as well as develop strategic ways of risk control. The team working for you would regularly communicate and provide easy-to-understand information so that you can make better business decisions.
