An NRI dilemma

Let's imagine a scenario where an NRI is in a conundrum of whether to use his surplus to repay his home loan or to invest it in a mutual fund in India. The dilemma is compounded by the risk of currency depreciation and the return expectation that one should have from mutual funds over the long term. Here we provide a brief framework as to how to assess the situation and the course of action that can be taken. First of all, the currency risk would always prevail and there is no way to

This article was originally published on April 01, 2022.