Contra fund investing has quietly become one of the smartest financial moves for Non-Resident Indians (NRIs) looking to tap into India’s stock market growth. While most investors chase popular stocks and sectors, contra funds go the other way—strategically betting on undervalued companies that others have overlooked. And for savvy NRIs with long-term goals, this contrarian approach could be the key to better returns and smart diversification. What Are Contra Funds and Why Are They Ideal for NRIs? Contra funds are equity mutual funds that follow a “buy low, wait long” philosophy. Instead of following market trends, they invest in stocks…
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For Non-Resident Indians (NRIs), choosing the right mutual fund plan can significantly influence long-term financial outcomes. Among the two primary options—Direct Growth and IDCW (Income Distribution cum Capital Withdrawal)—each caters to different investment needs and income expectations. This blog dives into which is better for NRIs – Direct Growth or IDCW, offering clarity on taxation, repatriation, return potential, and wealth-building strategy. Understanding the Basics: Direct Growth vs. IDCW What is Direct Growth Option? The Direct Growth option allows all gains from the mutual fund to be reinvested into the scheme. Instead of receiving payouts, your investment continues to grow, leveraging…
For Non-Resident Indians (NRIs), staying financially connected to India can be both a strategic and sentimental decision. Among the array of investment options, corporate bond funds for NRI investors stand out as a powerful way to earn stable income with lower volatility than equities. These funds combine the potential for consistent returns with professional management, making them a smart pick for those seeking exposure to India’s booming debt market. What Are Corporate Bond Funds? Corporate bond funds are a category of mutual funds that invest primarily in debt instruments issued by companies. By investing in these funds, NRIs lend money…
If you’re an NRI earning income from both India and abroad, the fear of being taxed twice is real—and valid. But there’s good news. The Foreign Income Tax Credit (FTC) is a legal mechanism that can save you from this financial burden. It ensures you don’t pay taxes twice on the same income by letting you offset foreign taxes paid against your Indian tax liability. However, this isn’t automatic—you need to understand the rules and act before filing your Indian tax return. In this guide, we’ll break down 5 powerful facts about FTC every NRI must know before filing taxes…
If you’re an NRI (Non-Resident Indian) planning to work, study, or invest in the United States, understanding SSN vs ITIN for NRIs is critical. These identification numbers play a vital role in accessing financial services, filing taxes, and maintaining legal compliance with U.S. federal regulations. Both SSN (Social Security Number) and ITIN (Individual Taxpayer Identification Number) serve as official tax IDs. But their use cases, eligibility, and implications are very different. In this guide, we’ll explore what they are, who qualifies, and how to choose the right one based on your immigration status and purpose of stay. What is an…
Corporate bond funds have become an increasingly popular choice among NRIs looking for stable returns with lower risk. In India’s fast-growing economy, these funds offer a unique opportunity to invest in a secure and structured way while building a reliable stream of income. As India is projected to grow by 6.3% in 2026, corporate bond funds provide a strategic entry point for NRIs seeking to invest smartly in the country’s financial future. What Are Corporate Bond Funds? Corporate bond funds are mutual funds that invest in debt instruments issued by companies. These funds pool investor capital to buy corporate bonds…
As India continues its journey of development, its global diaspora—Non-Resident Indians (NRIs)—is becoming a force for social good. Today, empowering change from abroad is more than just a hopeful phrase. Through crowdfunding platforms, NRIs are driving real-world impact in sectors like education, healthcare, infrastructure, and more. Let’s explore seven powerful ways NRIs are making a difference in their homeland using collective financial power and purpose-driven philanthropy. 1. Bridging the Educational Divide Education is a fundamental right, but millions of children in India still lack access to quality learning resources. NRIs are turning to crowdfunding platforms to support: These initiatives are…
CDSL, India’s largest depository, plays a vital role in your investment journey. One of its most valuable services is CDSL EASI (Electronic Access to Securities Information), a free online platform designed to make managing your demat account more efficient, transparent, and secure. Let’s explore everything you need to know about CDSL EASI—its features, benefits, how it works, and how you can get started. What is CDSL EASI and How Does it Work? CDSL EASI is a digital gateway that lets you monitor your demat holdings in real time using CDSL’s secure online platform. This internet-based service gives you 24/7 access…
Are you an NRI seeking to optimize your Indian income and reduce tax liability legally? ELSS Funds for NRIs offer one of the most tax-efficient routes to achieve just that—along with the bonus of participating in India’s high-growth equity markets. In this guide, we decode how Equity Linked Savings Schemes (ELSS) work for NRIs, how you can invest, the tax benefits you’re entitled to, and why ELSS might be the perfect blend of compliance, convenience, and capital appreciation. What Are ELSS Funds? Equity Linked Savings Schemes (ELSS) are mutual funds that invest a minimum of 80% of their assets in…
For Non-Resident Indians (NRIs), Indian mutual funds present an attractive avenue for long-term wealth creation, retirement planning, and financial diversification. However, one crucial element often overlooked is exchange rate risk—the impact of fluctuating currency values on investment returns. This blog explores how NRIs can strategically manage currency risks and safeguard their investments in mutual funds. What is Exchange Rate Risk? Exchange rate risk, also known as currency risk, refers to the financial exposure arising when investments are affected by changes in the relative value of currencies. When NRIs invest in Indian mutual funds—denominated in Indian Rupees (INR)—they may face gains…