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INDIA,
OUR BELOVED MOTHERLAND - Often known as the largest democracy and the
second most populous country in the world is much more, being 4th ranking
country in terms of Purchasing Power Parity & Gross Domestic Product
and 3rd most preferred investment destination - indeed an economic power in
the making.
Like Indian fellowmen, NRIs too can participate in the promising future of
India, being permitted to undertake almost all kinds of businesses by investing
in shares of companies, partnership or running sole proprietorship in
India and also investing in immovable properties and shares & securities
in India.
The
robust economic growth is reflected in the Indian stock markets too. The
Indian Equities have risen handsomely outperforming global indices in
foreign currency terms too - the BSE Index has gained 538.39%
( 3243 to 17291 ) against FTSE100 Index
gain 81.42% ( 5165 to 6467 ) & minimal gain of
Dow Jones at 40.08% ( 9920 to 13896 ) between JAN.
2002 to Sep. 2007, as reflected in the chart herein.
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|
| Index |
Jan.2002 |
Sep.2007 |
%Gain
in $ |
| BSE
Index |
3243 |
17291 |
538.39% |
| FTSE
100 |
5165 |
6467 |
81.42%
|
| Dow
Jones |
9920 |
13896 |
40.08%
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Twin
Currency Plan [TCMF] - investment in Indian MFs in $, £, € :
Excellent
performance of some of the leading MF Diversified Equity Schemes under STP /
SIP * and MF gains beating the Bombay, FTSE and Dow Jones indices are shown
herein :
|
MF
Equity Schemes & BSE, NSE, FTSE, Dow
1 / 2 / 3 Years Performance as on 30.11.2007
|
|
Fund
Name
|
1
year
Gain% |
Fund
Name
|
2
years
Gain % |
Fund
Name
|
3
years
Gain % |
| Reliance
Diversified Power Sector Fund - Growth Plan - Growth Option |
109.38% |
Reliance
Diversified Power Sector Fund - Growth Plan - Growth Option |
250.02% |
Reliance
Diversified Power Sector Fund - Growth Plan - Growth Option |
552.68% |
| Jm
Basic Fund - Growth Plan |
97.14% |
ICICI
Prudential Infrastructure Fund - Growth |
201.20% |
Star
Share |
375.25% |
| Bob
Diversified Fund - Growth Plan |
94.98% |
Sundaram
BNP Paribas CAPEX Opportunities - Growth |
195.64% |
DSP
Merrill Lynch India T.I.G.E.R. Fund - Growth-Regular |
344.10% |
| Baroda
Global Fund - Growth Plan |
92.03% |
Tata
Infrastructure Fund - Growth |
192.43% |
Magnum
Sector Funds Umbrella Contra - Growth |
338.25% |
| Discovery
Stock Fund |
85.19% |
Jm
Basic Fund - Growth Plan |
180.43% |
Magnum
Multiplier Plus Scheme 93 - Growth |
337.49% |
| Standard
Chartered Premier Equity Fund - Growth |
84.91% |
DWS
INVESTMENT OPPORTUNITY FUND - GROWTH OPTION |
177.12% |
Magnum
Global Fund - Growth |
331.23% |
| Sundaram
BNP Paribas CAPEX Opportunities - Growth |
82.62% |
Uti
Thematic Infrastructure Fund - Growth |
176.61% |
Reliance
Growth Fund Growth Plan |
323.14% |
| NSE |
44.16% |
BSE
Sensex |
116.47% |
BSE
Sensex |
210.91% |
| BSE
Sensex |
39.86% |
NSE |
113.52% |
NSE |
193.71% |
| DOW
JONES - $ |
9.66% |
DOW
JONES - $ |
22.54% |
FTSE
100 - £ |
35.83% |
| FTSE
100 - £ |
6.83% |
FTSE
100 - £ |
17.25% |
DOW
JONES - $ |
26.26% |
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We
at nribanks.com offer advisory services and facilitate Mutual
Fund investments in various Equity, Hybrid, Arbitrage and Debt schemes offered
by leading most Mutual Fund Houses in India. The charts herein above show
robust performance resulting in excellent gains for NRIs being
consistently posted by Mutual Funds over last 3 years. It may
be noted that the said investments can be undertaken in Indian Rupees and can
also be planned in foreign currency i.e. $, £, and € .
For the investors, who do not wish to take the risk of foreign currency
fluctuation and want their investment to continue in foreign currency and
simultaneously participate in various investment schemes of Mutual Fund,
we have structured TCMF - a unique Twin Currency Mutual Fund Investment
plan for NRI participation in Equity schemes of Indian Mutual Funds. The TCMF
facilities continuity of foreign currency deposit and simultaneous Mutual Fund
investment in Indian rupees.
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