If your children live abroad, rely more on financial assets as they are easier to liquidate and move across borders.

With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.

Running a SIP plan for more than six years almost completely eliminates the chances of earning negative returns.

One category which stands out is fixed maturity plans due to its tax benefits, notes Prateek Mehta, CEO and company-co-founder, Upwardly.in.