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Want to invest in US equities? Here’s how you can use the Liberalised Remittance Scheme

Money ControlMoney Control · 6m
Want to invest in US equities? Here’s how you can use the Liberalised Remittance Scheme

Despite recent market fluctuations, investing in US stocks, such as Nvidia and Tesla, can be a lucrative opportunity for Indian investors. Through the Liberalised Remittance Scheme (LRS), Indian residents can easily transfer funds to invest in the US stock market. Benefits of investing in US equities include diversification, exposure to fast-growing and innovative companies, potential gains from USD appreciation, and better resilience against unexpected shocks in the Indian market. Investors have the option to open an overseas trading account or use fintech apps to facilitate investments in US stocks. However, investors should be mindful of additional charges and tax implications.

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