NISA vs. Indian Mutual Funds?

Expat Investor Dilemma: šŸ“ˆšŸ’°

Hi everyone,

Iā€™m currently living in Japan and looking to dip my toes into investing for the first time. After researching, Iā€™ve come across NISA accounts and the idea of buying index funds. Everyone here seems to rave about it! However, Iā€™ll likely be heading back to India in about 5 years, so Iā€™m torn between investing in NISA while Iā€™m here or focusing on mutual funds back home in India.

A few things to consider:

  • Iā€™m a total newbie to investing.
  • I want to make a decision thatā€™s wise both for the short term (while in Japan) and long term (when Iā€™m back in India).
  • Iā€™ve heard mixed advice: some say NISA and index funds are the way to go, while friends in India swear by mutual funds.

What do you think is the smarter move? Any tips or insights would be hugely appreciated! šŸ™

Thanks in advance!

by sujan1996

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