Top 5 Mutual Funds for NRIs
Markets are volatile - SIP now, average out risk, capture long-term growth.
As we wrap up October, we wanted to share the 5 most popular mutual funds this month - and why now might be the best time to double down on SIPs.
Markets are seeing healthy volatility - and that’s exactly when disciplined investors benefit most. SIPs help you average your cost over time, ride out short-term swings, and grow wealth consistently.
Why SIPs Make Sense Right Now?
With markets moving up and down, SIPs help average your entry price, reducing risk from timing the market.
Investing regularly builds a long-term compounding effect, regardless of market volatility.
India’s economy continues to show strong fundamentals, making it one of the most attractive markets globally for equity investors.
Popular Mutual Funds Among NRIs
Why the Indian Market Looks Promising?
Pro-Growth Policy Push
Policymakers are aggressively rolling out pro-growth reforms - including a major overhaul of the GST (Goods and Services Tax) structure - which could stimulate consumption and economic demand.
Interest rate easing (with repo rate cuts) and reductions in the cash reserve ratio (CRR) are helping liquidity and making financing cheaper.
GST Reform to Drive Consumption
The GST Council is cutting tax rates on essentials and “aspirational” products, which should lower consumer prices and boost spending.
This reform is expected to particularly benefit sectors like autos, consumer durables, apparel, and electronics.
Lower GST rates on healthcare (e.g., medicines and devices) and insurance are likely to boost demand in the healthcare and insurance segments.
Stronger Earnings Outlook
Despite weak earnings in the recent past, JPMorgan expects recovery: consensus estimates for MSCI India earnings are +13% for 2025/26 and +16% for 2026/27.
Capex Cycle & Private Investment
As capacity utilization improves and consumption strengthens, private capital expenditure (capex) could pick up meaningfully from late 2027 onwards.
This longer-term capex cycle could support sustained growth in sectors tied to manufacturing, infrastructure, and domestic production.
Macro Outlook & Timing
While near-term uncertainty remains (e.g., tariff risk, currency pressures), JPMorgan experts believe a meaningful rally could begin in the second half of 2026, driven by improving macro indicators and earnings.
The boost to consumption from GST reforms is estimated to add ~0.6% to GDP by driving higher household spending.
Source: JPMorgan Global Research
Why This Matters for NRIs and Long-Term Investors?
These reforms are structural, not just cyclical - meaning the benefits could play out over years, not quarters.
Sectors like autos, healthcare, and consumer goods may benefit disproportionately - making them attractive for targeted equity exposure.
Rising consumption + improving earnings + capex cycle = a powerful three-legged growth story for Indian equities.
For SIP investors, this could be a great time to double down: you’re not just investing in an equity rally, but in deep structural growth.