The case against NRIs making real estate investments in India

Last updated on October 23rd, 2018This article was first published on livemint. Many of my Indian friends have invested in house property in India. Should I also do it?  Housing or real estate was a popular mode of investment for non-resident Indians (NRIs) till five years ago. High capital appreciation seen in the last decade along …

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Investing in stocks needs deep understanding of markets

Last updated on October 23rd, 2018This article was first published on livemint. I am interested to invest in Indian equities. Should I directly buy stocks or opt for mutual funds? Investing in equity markets is rewarding in the long term. Indian equity markets had a phenomenal run in Calendar year 2017. Large-, mid- and small-cap indices gave calendar …

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NRIs should buy term insurance cover in the country of residence

Last updated on October 23rd, 2018This article was first published on livemint. As an NRI, should I invest in assured long-term saving plans with life cover or mutual funds? Let me come to one of the basic tenets of personal finance—you should not mix investment and insurance. Insurance-cum-investment products like unit-linked insurance plans (Ulips) and endowment …

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ELSS tax benefits are available for both Indian residents and NRIs

Last updated on October 23rd, 2018This article was first published on livemint. Are there any tax-saving advantages in NRI mutual funds? Equity-linked saving schemes (ELSS) allow tax saving under Section 80C of the Indian Income Tax Act. An investment of up to ₹1.50 lakh in ELSS can be claimed as a deduction from taxable income in …

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