Safe investment option for an NRI to deploy lumpsum amount
Read more about Safe investment option for an NRI to deploy lumpsum amount with fixed return without effecting capital for Non-Resident Indians (NRIs)..[…]
I am an NRI residing in Qatar. I have savings of Rs 50 lakh in FD's. Further, I am not interested in putting this money in real estate. Kindly suggest where should I invest this lump sum amount for a reasonable returns without the fear of loosing the principal amount.
If you want secured investment without loosing the principal amount then NRENSE -5.26 % Fixed Deposit is the best option. The best part is interest earned is tax free on such deposits.