GCC-based non-resident Indians (NRIs) are reducing investments in Indian real estate and increasing allocations to equities and financial assets, according to a survey by Equirus Wealth. The shift comes as investors respond to geopolitical uncertainty with more disciplined and structured investment strategies instead of pulling money out of markets.
The report, titled Indian Equity at the Core, Eyes Everywhere: The New Investment Behaviour of GCC NRIs, surveyed Equirus Wealth’s GCC NRI customer base of 8,300 across the UAE, Saudi Arabia, Qatar, Kuwait, Oman and Bahrain in April 2026.
