NRI Talk | Rupee depreciation shouldn't deter NRIs; India still offers attractive dollar returns: Feroze Azeez

Feroze Azeez, Joint CEO of Anand Rathi Wealth, argues that recent concerns around rupee depreciation, weaker dollar returns, and slowing corporate earnings are short-term and overstated. He notes that the rupees long-term depreciation average is closer to 3 percent annually, not 5 to 6 percent, so a 14 percent rupee return still translates into attractive dollar returns. Nifty 50 earnings are projected to grow around 12 percent in FY27 and 14 percent in FY28, while Sensex has delivered an average 5-year return of about 11.5 percent with the highest Jensens alpha among major global markets. India nominal GDP is expected to grow at 11 to 12 percent over the long term, with consumption, infrastructure, and manufacturing leading the next phase of growth.