POSTED BY January 31, 2012 1:14 am COMMENTS (7)ON
Hello Manish,Ashal and all financial experts,
I am an NRI working in MIddle east. recently we NRIs are offered very attractive FD rate upto 9.25 upto 10 year which ultimately yield is nearly 15% and that is also tax free.
Now if i am having 3 lac liquid amount in hand,
Should i invest in such FD
Should i go with equity mf
or should i invest in small real estate/land?
I have already 1 LAC in NRO and 1 LAC in NRE FD with 2 yr & 5 Yr period respectively.
I have 14000 pm investment through SIP.
almost 2.5 lac in direct equity.