Over time, his portfolio expanded to include a rental property in India bought at peak prices, global ETFs (exchange-traded funds) acquired during a bull run, and high-risk debt instruments.
His Indian portfolio was equally scattered, featuring 25-30 mutual fund schemes and random stocks chosen based on tips from friends and online forums. Despite his proactive approach, Rohan's investments lacked direction.
His story highlights a common challenge faced by NRIs: balancing investments between India and global markets effectively. Rohan's strategy was reactive rather than goal-oriented. He was overexposed to high-risk assets, underinsured, and lacked contingency planning. More importantly, investments didn't align with his aspirations, such as funding his children's education abroad, creating a retirement corpus, or establishing an emergency fund.
Rohan's experience reflects a broader trend among NRIs. So, how can NRIs strike the right balance between Indian and global investments while addressing currency risks, taxation, and long-term financial goals?
Decision framework
To create a cohesive and effective investment strategy, NRIs should classify their goals into three categories:
Bu hikaye Mint Ahmedabad dergisinin January 03, 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Mint Ahmedabad dergisinin January 03, 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
India to export 1 mt of sugar this year
India is set to allow exports of 1 million tonnes (mt) of sugar during the current season, government and industry sources said, to help mills export surplus stocks from the world's second biggest producer of the sweetener and help prop up local prices.
Life, accident insurance coverage may be doubled
The initiative aims to strengthen financial security, especially for economically weak sections
Want a productivity tip? Forget apps and hacks
Productivity is not about ticking off endless tasks on a digital checklist. It hinges on the quality of engagement and self-awareness
Priority-sector NBFC body to plug MSME loan shortfall
PSLAI to transform MSME lending with a focus on liberalized risk weightage, policy reforms
Guide to investing in global stocks via Liberalized Remittance Scheme
From KYC to investments: Indian platforms are streamlining stock investments in the US, other global markets
What Shielded Kotak's Q3 NIM
Tightening guard
Hindenburg founder set to face fraud probe over hedge fund
Nate Anderson, the 'activist' short-seller who announced shutting down of his almost eight-year-old research firm Hindenburg, is under the cloud for his alleged links with hedge funds in preparing reports targeting companies, a Canadian portal said citing documents filed before a court in Ontario.
Visa issue not affecting ops: BYD
China's BYD is keen to have manufacturing operations in India as soon as 'all factors' suggest a 'go ahead', and the plan is under constant evaluation, according to a top official of the company's Indian arm.
Nigeria Joins BRICS as Partner State to Boost Investment
Nigeria has become a partner state of the BRICS group of emerging-market powers.
Nailing the 'smart business casual' code during winter
Looking 'smart casual' is easy if you build a wardrobe around versatile separates like blazers and trousers
