RBI’s FCNR move opens door to equity-like dollar returns for NRIs
According to calculations by Emkay Global Financial Services, an investor putting in $1 million from his/her pocket and leveraging it nine times could generate annual returns of about $220,000, translating into a return of 21.8% on the original amount invested. Even at lower leverage levels of five times and three times, returns work out to 15% and 11.6%, respectively.
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