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Subject: Re: Re: investment
Sender: desi
Date: 2017-05-19 14:41:51
Don't invest property in India. Gone are the days for property investment in India. Also rental income is not good. I myself have two flats / apartments and its really pain in ass to manage them. Rental rates are not good. If you buy a 2 bhk it will easily cost 70+ L and max it will give u is 15-20 K per month that will also not remain occupied, broker will eat 1 month of rent per year. Also property rates are not appreciating in india now, infact it is coming down now.

Suggest you to invest in good MF with SIP (systematic investment plan). Sundaram MF, Principal MF and Mirae are good. I am investing in these three funds since last 1 year and lowest to max returns over a year are 18-24 % .

Do some homework and check the best funds on moneycontrol. There are several funds in which NRI can invest.

Best of luck

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