Anyone looking to grow their money certainly looks for investment avenues. When you invest your money well, you can grow your wealth efficiently. But are you a Non-Resident India (NRI)? Well, worry not! Even if you are a NRI looking to invest in India, you have plenty of options. These choices can help you make the most of your hard-earned money. Whether you are looking for safe investments or higher returns, there is something for everyone.
In this guide, let’s talk about the best NRI investment options in India. With this, you would know where you need to put your money to watch it multiply.
P2P Lending
Peer-to-peer (P2P) lending is an exciting way to invest. Here, you lend money to individuals through an online platform without any involvement of banks. One great option for this is 13Karat, which offers a return of up to 13% per annum on P2P-enabled investments. Just download the app and start investing! Consider 13Karat’s 6-month plan and 3-month investment plans to earn great returns within a short period.
Also Read : A Guide to P2P Lending
Mutual Funds
Mutual funds are among the most popular NRI investment opportunities. These are managed funds where professionals invest your money in a mix of stocks, bonds, or other assets. Depending on your financial goals, you can choose equity funds for higher growth or debt funds for more stability. These are suitable for long-term wealth growth, and here, NRIs can invest through NRE or NRO accounts.
Real Estate
Investing in real estate is one of the best ways for NRIs to invest in India. Whether it is a house, apartment, or land, property values in India tend to rise over time. When you invest in real estate, you also have the opportunity to earn rental income.
Fixed Deposits
Looking for one of the safest investment options for NRIs? Go for fixed deposits! Banks offer special NRI fixed deposits that come with guaranteed returns. This is a great option if you do not want to take any risks with your money and prefer steady growth. You can open NRI FDs using NRE, NRO, or FCNR accounts and earn attractive interest rates.
ULIPs (Unit Linked Insurance Plans)
ULIPs are a combination of insurance and investment. When you invest in ULIPs, a part of the money goes towards life insurance, and the rest is invested in either equity or debt funds. With ULIPs, you can switch between funds based on market conditions.
Stock Investments
There is no doubt that stocks offer one of the highest potential returns. NRIs can invest directly in Indian companies listed on the stock market through an NRI demat account. If you are familiar with the stock market, this is a great way to benefit and grow your wealth exponentially.
Also Read : P2P Vs Stock Market
Non-Convertible Debentures (NCDs)
Non-convertible debentures (NCDs) are another option for NRIs looking for fixed returns. NCDs are issued by companies and they offer higher interest than fixed deposits. These are a good option for those who wish to have a regular income without much risk. You can buy NCDs with 13Karat with a minimum investment of ₹1 lakh and enjoy a return of 16.1%.
Also Read : What is Non Convertible Debentures
National Pension Scheme (NPS)
The National Pension Scheme (NPS) is a government-backed retirement plan where you can regularly contribute to your NPS account. Here, the money is invested in a mix of stocks and bonds. This is a safe way to build up your retirement savings.
Conclusion
These are some of the best investment opportunities for NRIs in India. Ranging from safe options like fixed deposits to higher-return opportunities like stocks and P2P lending, you have many ways to invest your money.
If you are looking for P2P-enabled investments, 13Karat offers one of the best investment options for NRIs with returns as high as 13% per annum. Download the app today and take a leap of faith towards a financially secure future.
