Things to consider before investing outside India6 min read . Updated: 01 Mar 2020, 08:37 PM IST
- Investing internationally can be a good diversification tool but look at the risks too
- Currency volatility and higher taxation for international funds are two aspects one should be aware of
The Indian economy is on a downward trend. The International Monetary Fund (IMF) recently lowered India’s economic growth forecast for financial year 2019-2020 to 4.8% from 6.1% earlier. Similarly, Moody’s Investors Service slashed its FY20 growth projection for India from 6.6% earlier to 5.4%. The slowing economic growth is already hurting corporates and that in turn is likely to hit your investment portfolio as well. In this scenario, does it make sense for you to look beyond at global avenues of investments?
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