Expert insights into NRI investments in 2021

  • Date: 25-Jul-2021
  • Source: Gulf News
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

Expert insights into NRI investments in 2021

For NRI investors, the post-pandemic world can seem a daunting and unpredictable place. From navigating the devaluation of the rupee, inflation fears and the possibility of Indian stock market corrections to whether it could be beneficial to invest in the US dollar, it is important to take an informed and measured approach to investment decisions. Sayan Chattopadhyay, President & Director - NRI Private Wealth, , says that NRIs should consider investing outside of India. "We have been educating our clients on the very simple fact that it is very important for them to look beyond India as there are many opportunities there," he says. "We are not asking clients to exit India but instead not to increase their exposure in assets which are underlying in the INR. In the last 10 years, the benchmark index of India Nifty 50 has delivered around 6 per cent compound annual growth rate (CAGR) in USD terms, whereas the S&P 500 has delivered a CAGR of around 12 per cent, which marks a huge outperformance by the S&P 500." Shivam Kumar Yadav, Senior Vice President & Director - NRI Private Wealth, , refers to the current weakness of the US dollar – the