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Dilwale Dulhania Le Jayenge was one of only three Hindi films in the reference book 1001 Movies You Must See Before You Die, and was placed twelfth on the British Film Institute's list of top Indian films of all time. It spawned many imitations of its story and style and homages to specific scenes. Its success led other filmmakers to target the non-resident Indian audience, which was deemed more lucrative for them. Many critics praised the film, which connected with different segments of society by simultaneously promoting strong family values and the following of one's own heart. Its soundtrack album became one of the most popular of the 1990s.
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It won 10 Filmfare Awards-the most for a single film at that time-and the National Film Award for Best Popular Film Providing Wholesome Entertainment. The film was shot in India, London, and Switzerland, from September 1994 to August 1995.Įarning ₹1.06 billion (valued at about US$32,766,000 in 1995) in India and ₹160 million (valued at about US$4,946,000 in 1995) overseas, Dilwale Dulhania Le Jayenge became the highest grossing Bollywood film of the year, and one of the most successful Indian films in history. Raj tries to win over Simran's family so the couple can marry, but Simran's father has long since promised her hand to his friend's son. The plot revolves around Raj and Simran, two young non-resident Indians, who fall in love during a vacation through Europe with their friends. Released on 20 October 1995, the film stars Shah Rukh Khan and Kajol. The Big-Hearted Will Take the Bride), also known by the initialism DDLJ, is a 1995 Indian Hindi-language musical romance film written and directed by Aditya Chopra in his directorial debut and produced by his father Yash Chopra. This will result in a sharp dip in investments back home, say wealth management experts.Dilwale Dulhania Le Jayenge ( transl. With US mortgage prices at floor-levels, Indian-origin US citizens are busy buying residential properties in uptown American cities. And this year, the trend among green-card holders seems to be to invest more in US assets. Investments are not as high as in previous years,��� said Bajaj Capital wealth management headĪccording to industry sources, NRG investors are now more apprehensive about equities than domestic investors. From what we see this year, NRG investors are not really taking huge exposure to equity products. NRGs are gung-ho about equities when the market is booming. ���NFO mobilisation has been very high from this region over the past two years. US market regulator SEC insists on a US wrap (fund prospectus as per SEC requirements) while selling financial products to US citizens, and most Indian funds do not have the SEC approval required to sell schemes to them. Indians holding US citizenship for instance, can only invest giving their local Indian addresses or in the name of close relatives back home. While there are not many restrictions on NRGs investing in India, some of them face hurdles from their adopted countries. Typically, NRGs are diamond traders from Europe (with back-office operations in Surat and Mumbai), motel owners from the US, Canada and Europe and commodity traders from Africa and the Gulf. This year, we���re not betting high on big NRI equity (mutual fund) investments, as a result of market bearishness,��� Mr Shah added. A small portion flows into equities ��� the major attraction, however, is still bank deposits with local banks. ���But this class of investors typically has more of a fixed income orientation.
#Dilwale dulhania le jayenge ghar aaja pardesi professional#
���The NRGs can be segregated into three levels ��� the real HNIs, who invest across the globe without any emotional attachment, the professional class that invests in equities and fixed income products, and the migrant class that prefers fixed income and simple bank deposits,��� said ICICI Prudential chief investment officer Nilesh Shah.Īccording to Mr Shah, NRG remittances are still flowing back home. Investors from the US, Europe, Canada, Gulf and Africa are usually targeted. We have set up ���NRI season stalls��� (information counters) in places where the Patels and other non-resident Gujaratis (NRGs) gather,��� said Paresh Bhavasar, a Navsari-based mutual fund distributor.Īccording to mutual fund marketers, such events are set up in zones like Rajkot (to cater to NRGs coming from the Saurashtra region ��� Junagadh and Bhuj), Anand (to attract investors from Vadodara), Navsari, Valsad and Charotar (central Gujarat) and Ahmedabad and Surat. These are people who, irrespective of where the market is headed, invest in equities. ���We are waiting for the Patels to come.