GCC NRIs Boost Investments in Indian Equities Amid Market Shifts
GCC NRIs raise India equity bets; Motilal Oswal AMC gets NPS fund nod
Business Standard
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A survey by Equirus Wealth reveals that 73% of non-resident Indians (NRIs) in the Gulf Cooperation Council (GCC) are increasing their investments in Indian equities, with 42% planning to invest fresh capital. Meanwhile, Motilal Oswal Asset Management has received approval to manage pension funds under India's National Pension System (NPS).
- 0173% of GCC-based NRIs are increasing their exposure to Indian equities.
- 0242% of respondents plan to deploy new capital into Indian markets.
- 0340% of investors are reducing their real estate investments.
- 04Motilal Oswal AMC has received approval to sponsor NPS pension funds.
- 05The new pension fund aims to focus on long-term investment strategies.
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A recent survey conducted by Equirus Wealth highlights a significant shift among non-resident Indians (NRIs) in the Gulf Cooperation Council (GCC) towards Indian equities. The survey, which included responses from 8,300 GCC-based NRI customers, found that 73% are increasing their exposure to Indian stocks, while 42% are ready to invest fresh capital. Conversely, the real estate sector is seeing a decline, with 40% of investors reducing their holdings, indicating a strategic reallocation of assets rather than a temporary adjustment. In a related development, Motilal Oswal Asset Management has received approval from the Pension Fund Regulatory and Development Authority (PFRDA) to establish a pension fund under the National Pension System (NPS). Prateek Agrawal, Managing Director and CEO of Motilal Oswal AMC, emphasized the firm's commitment to a research-driven investment approach aimed at helping subscribers build sustainable retirement wealth.
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This trend indicates a growing confidence among NRIs in the Indian equity market, which could lead to increased liquidity and investment opportunities.
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