India's outward remittances under the Liberalised Remittance Scheme (LRS) increased around 6 per cent month on month in June 2026, driven primarily by higher investments in immovable property and overseas equity and debt instruments, according to an analysis by 1Lattice based on RBI data . 4 billion in May. Investments in immovable property witnessed a sharp increase during the month, rising nearly 39 per cent from May. Its share in total outward remittances increased to 18 per cent in June from 15 per cent in May, making it the second-largest component after travel. Advt Investments in overseas equity and debt instruments also increased significantly. Remittances towards foreign financial assets rose around 25 per cent to USD 457 million in June from USD 364 million in May. The increase in investment-related remittances came despite a decline in overseas deposits. Remittances towards deposits abroad fell around 40 per cent month on month in June, with their share declining to 3 per cent of total outward remittances from 5 per cent in May. Travel continued to account for the largest share of India's outward remittances, contributing 54 per cent of the total in June. Family maintenance accounted for 11 per cent, while gifts and education contributed 8 per cent and 4 per cent, respectively. On an annual basis, India's outward remittances have remained broadly stable in recent years. Total remittances stood at USD 32 billion in FY24 and moderated to USD 29 billion in both FY25 and FY26. The composition of remittances has also evolved over the period.