Low cost mutual funds for an NRI
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Suresh Sadagopan, Founder, Ladder7 Financial Advisories, responds:
Index funds are slowly gaining traction in India. There are also a host of exchange-traded funds (ETFs) on all the indices. There are also smart beta index funds that have now gained currency. So, things are looking up in India as well in the passive investment space. Five years is a long time. I expect the passive investment arena to become more evolved by then and offer more depth and options by that time.
It appears that the corpus that you may (have) accumulate would be substantial. It is in your best interest to consult a credible fee-only advisor, who can advice on how you could invest your assets in the best possible manner, considering your goals and retirement.