Top 3 Dedicated Funds US NRIs Can Invest in India – United States based Non Resident Indians (NRIs) may find difficulties in investment in domestic mutual fund in India. There are many top mutual based fund which are having diversified presence in India not accepting direct investment from NRI in US due to may reason i.e. regulator guidelines, Funding risk etc.
This is only the reson with US based NRI’s as other countries based residents may apply and invest in any fund of their choice. There are many funds where US based NRI’s may invest directly for units of Mutual funds in India. These are the special funds where money are invested in Indian companies for best returns. Check out the few of best three funds which are dedicated funds for NRIs from the US to invest.
Read Also : Top Tax Saving ELSS Funds to Invest In 2016
Matthews India Fund :
Matthews India Fund invest almost 80% of their investment in Indian market. The asset size of Matthews India Fund is approx $1.15 Billion. The expense ration is approx 1.12%.Read for more@Matthews India Fund
One year Return of this fund is 0.90% where as five years return are 11% approx. They invest largely in Pharma, banking etc companies.
Eaton Vance Greater India Fund
Eaton Vance Greater India Fund has invested majority in Banking funds mainly top private bank companies in India. The one year retun of the fund is not much impressive but the return in long term i.e. ten year was 4.91%.Read More@Eaton Vance Greater India Fund
Wasatch Emerging India Fund
Wasatch Emerging India Fund is another fund which is invested directly in Indian companies.The one year return of this fund is about 4.16% where as it has given a return of 9% since inception.This is primary invested in Indian Mid sized companies.Investment in MID sized companies are risky as the bench mark indices at sensex are down for long.
Read More@Wasatch Emerging India Fund
NOTE : Author or website is not at all related to any one of the fund mentioned above , this article is purely for informative purpose. Kindly seek professional help before investing in these funds.
