Investment opportunities for NRIs in India

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All over the world you will find Indians, their roots are still strong and they have an unbreakable link with their native country. Most of the NRIs have families living in India and want to invest something for them. Many NRIS want to come back to India at a later date so want to invest here.

Basically there are a few formalities that have to be completed by the NRIs after which they can invest in India. The main documents needed are PAN card, ID Proof and Address Proof, a KYC certificate for Mutual Fund investment above Rs.50,000/- and Passport size Photographs are required. They also need to open a Non-Resident External Account that is a Dollar Account, or Non-Resident Ordinary Account that is a Rupee Account is needed. The difference between these two accounts is that the investments made and the returns got from those investments, using the NRE account can be sent back to other countries.

NRIs can invest directly in any mutual fund from their account. You can invest either one time investment or in systematic investment plan or quarterly, etc. The amount invested in Mutual funds can be repatriated fully.

To make the investment the KYC forms is to be filled and then the investor will be sent a communication stating that the investor is verified. A copy of this letter has to be attached will all the transactions done in the mutual fund, whether it is investment or withdrawals for an amount above Rs.50, 000/-.

The forms for investment can be downloaded from the site of the mutual fund and the NRI could sign the form and sent it back to the Mutual Fund Company, or a broker if he has appointed any or relative and sent it to the Fund Office.

The NRIs can invest in share with a demat account, but they have to take RBI approval for each transaction. It can be tedious so it will be easier to invest in Mutual funds.

The Scenario of Indian Stock market

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The financial scene is worldwide. The crisis had left the stock market in a deep crisis. It is slowly regaining its breath and there are now investments made all through the world. Stock brokers as well as general public are making money out of investing in shares and stocks. The financial trauma that all of us faced are over and the recovery of the market is now being witnessed. Throughout the world the market is limping back to its normal trading life, as compared to other financial markets all over the world, the Indian stock market came back to life quite fast.

The Indian Stock Market is the undisputed leader in the Asia’s market. It has a reputation among the foreign institutions. During the past few years from the time of crash in 2004 there have been many swings in the Indian stock market. But, the gains from the market have been quite modest. The traders have made money by investing in shares and stocks and have made handsome profits. The rate of inflation in India is high so the brokers are more interested in selling than in buying stocks. The FDIs have also reduced considerably and the market has seen a rigorous financial critical condition.

Now the financial scenario of Indian stock market is on the road to recovery and is getting back its lost sight. In recent times market is gaining and has reached 17000 points and so is now looking towards a ray of hope. Take your investment seriously and don’t treat yourself to ups and downs as the bad part has gone. However, be ready for the good and bad points of the stock market investment.

You should have proper investment guidance as it will work like magic for you if you are trading shares in share market. You should have all the latest information ready with you. You need stock quotes, stock updates, daily stock alerts and every other information related to stock/stocks within your reach. The platform you use should be definitive in every part. Proficient stock advice from the brokers and the stock professionals is the information that is must for you.

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