India is an attractive investment destination for NRI investors. Indian equity market offers breadth and the depth as well. India is one of the fastest growing economies in the world with growth rates averaging over 7% in the last 5 years. In July 2018 the International Monetary Fund (IMF) has projected India’s growth rate to be 7.3% and 7.5% in 2018 and 2019, respectively, making India the fastest growing country amongst major economies. The World Bank said India had emerged as the world’s sixth largest economy in 2017 with GDP of $2.59 trillion, surpassing France and is likely to go past the UK, which is at the fifth position. The growing economy has resulted in a robust capital market. A spate of IPOs in recent times is a testimony to the booming stock market. According to a Morgan Stanley report, India’s total market capitalization of equities is expected to grow 2.5 times to $6.1 trillion by 2027. A massive growth in market capitalization should translate into high returns for equity investors.
Domestic mutual funds got a whopping $20 billion in 2017, doubling from a year earlier, primarily due to a rise in systematic investment plans by small investors. Domestic investments beat their overseas counterparts in 2017, the third year in a row. The Indian Mutual Fund industry is forecast to doube in size over the next 5 years with AUM reaching 50.00 Lakh crores as equity markets have lured the average Indian saver as gold and real estate failed to give exciting returns
India is also among the fastest growing consumer markets in the world. Discretionary spending is on the rise and will continue to grow in the coming years. The recent taxation reforms in India should also contribute to growth in spending on services and consumer durables.
This makes a strong case of investing in the Indian equity markets. Portfolio Management Services & Mutual funds bring access to professionally managed investment in equity market. Good equity mutual funds in India have given over 20% annual returns over the last 20 years, outperforming the Sensex and Nifty indices. The growth potential coupled with a stellar past performance makes a strong case for investments in Indian Equity Markets.
You can participate in India’s growth story even as a NRI, OCI or PIO
Portfolio Management Services
Portfolio Management Service (PMS) is a tailor made professional service offered to provide professional management of your investment to create wealth. The Investment solutions provided by PMS cater to a niche segment of clients. The clients are Individuals with high net worth.