A STUDY OF NRIs’ INVESTMENT BEHAVIOUR TOWARDS MUTUAL FUNDS IN INDIA

Abstract

India's non-citizen population is the source of much of our country's riches and Gujarat's prosperity. There has been a dramatic surge in the number of people seeking career opportunities overseas since independence. There is a ripple effect throughout the Gujarati economy and culture as a result of this migration. Sending money home from abroad is a common practise for Guajaratis, and it has been shown to contribute to the state's economy and progress. In the first decade of the new millennium, monetary remittances received by households in Gujarat from overseas increased dramatically. NRIs have made significant contributions and assistance to our national and state economies. In recent years, remittances from Gujarati non-resident Indians (NRIs) have become the single most dynamic contributor to the state's economy. This study aims to shed light on the "investment behaviour of NRI of selected districts in the state of Gujarat, India" through a descriptive methodology. To get a feel for the topic before data collection begins, we will have in-depth discussions about a wide range of issues related to the study's most important components with experts, researchers, and other eminent personalities with extensive experience in investment and finance, portfolio management, and banking. A research plan will be developed using the material and suggestions generated during these conversations.