New Delhi, March 5 -- For many non-resident Indians (NRIs), investing in India is an important part of building long-term wealth and maintaining financial ties with the country. However, it is quite crucial to avoid the common pitfalls of investing right at the beginning.

When investors overlook regulatory requirements, tax implications, and portfolio diversification, it can prove to be a costly affair for them, caution experts.

Therefore, getting the basics right, especially around account structures and compliance, can help avoid complications later and ensure smoother investment management.

Here are six common mistakes that NRIs must avoid while starting their investment journey:

A common mistake NRIs make is continuing to use thei...