Investing in S&P500 Index Fund from India
.everyoneloves__top-leaderboard:empty,.everyoneloves__mid-leaderboard:empty{ margin-bottom:0;
}
up vote
16
down vote
favorite
I am an Indian Citizen residing in India. Can I invest in an S&P500 Index fund while residing in India?
stocks india index-fund
edited Nov 26 at 20:20
yoozer8
1,88931021
asked Nov 26 at 9:11
Sucheta Saha
8113
New contributor
Sucheta Saha is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
up vote
16
down vote
favorite
I am an Indian Citizen residing in India. Can I invest in an S&P500 Index fund while residing in India?
stocks india index-fund
edited Nov 26 at 20:20
yoozer8
1,88931021
asked Nov 26 at 9:11
Sucheta Saha
8113
New contributor
Sucheta Saha is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
With no comment from the person who flagged this off-topic explaining why, I'm voting to leave it open.
– Rupert Morrish
Nov 26 at 19:08
add a comment |
up vote
16
down vote
favorite
up vote
16
down vote
favorite
I am an Indian Citizen residing in India. Can I invest in an S&P500 Index fund while residing in India?
stocks india index-fund
edited Nov 26 at 20:20
yoozer8
1,88931021
asked Nov 26 at 9:11
Sucheta Saha
8113
New contributor
Sucheta Saha is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
I am an Indian Citizen residing in India. Can I invest in an S&P500 Index fund while residing in India?
stocks india index-fund
stocks india index-fund
edited Nov 26 at 20:20
yoozer8
1,88931021
asked Nov 26 at 9:11
Sucheta Saha
8113
New contributor
Sucheta Saha is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
edited Nov 26 at 20:20
yoozer8
1,88931021
asked Nov 26 at 9:11
Sucheta Saha
8113
New contributor
Sucheta Saha is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
edited Nov 26 at 20:20
yoozer8
1,88931021
edited Nov 26 at 20:20
yoozer8
1,88931021
edited Nov 26 at 20:20
yoozer8
1,88931021
1,88931021
asked Nov 26 at 9:11
Sucheta Saha
8113
New contributor
Sucheta Saha is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked Nov 26 at 9:11
Sucheta Saha
8113
asked Nov 26 at 9:11
Sucheta Saha
8113
8113
New contributor
Sucheta Saha is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
Sucheta Saha is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Sucheta Saha is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
With no comment from the person who flagged this off-topic explaining why, I'm voting to leave it open.
– Rupert Morrish
Nov 26 at 19:08
add a comment |
With no comment from the person who flagged this off-topic explaining why, I'm voting to leave it open.
– Rupert Morrish
Nov 26 at 19:08
With no comment from the person who flagged this off-topic explaining why, I'm voting to leave it open.
– Rupert Morrish
Nov 26 at 19:08
With no comment from the person who flagged this off-topic explaining why, I'm voting to leave it open.
– Rupert Morrish
Nov 26 at 19:08
add a comment |
2 Answers
2
active
oldest
votes
up vote
17
down vote
Can I invest in S&P500 Index fund, while residing in India
You can invest in US funds. Under the Liberalized Remittance Scheme one can invest up to USD 250,000 per year.
Option 1:
Open an account with an international broker. This is time consuming and KYC etc would take time. Transferring funds will also involve a bit of paperwork. You can then invest into a range of funds that track the S&P 500.
Option 2:
Open an Account with an Indian broker [or with AMFI]. There are quite a few fund houses that offer funds that invest in US markets; for example ICICI, Franklin, Motilal Oswal, DSP Blackrock, Birla Sunlife, etc. Most of these invest in a broad range of equity. Motilal has NASDAQ 100; it has filed a prospectus for S&P.
This would be more convenient in terms of KYC or depositing / withdrawing as your interaction will be with the Indian fund house.
edited Nov 26 at 13:32
Glorfindel
3291311
answered Nov 26 at 11:48
Dheer
49.1k961144
add a comment |
up vote
5
down vote
There are 2 aspects to your questions as I perceive it. Whether or not you are eligible to invest in it as a non-US resident and whether or not you have access to it outside the US.
The short answer to both is yes.
You're perfectly fine to invest in USA based ETFs as a non-resident. The second part I cannot help directly with since I'm not based in India but for instance, in the EU, you can open local broker accounts to invest in cross-continent ETFs or skip that altogether and invest in ETFs and similar financial products through a robo-advisor (like Moneyfarm, Scalable, ETFmatic etc).
I'm fairly certain that for a big market like India you should be able to find someone offering broker accounts and/or robo-advisor options that include USA ETFs.
edited Nov 26 at 13:18
Glorfindel
3291311
answered Nov 26 at 9:49
Leon
2,0211318
add a comment |
2 Answers
2
active
oldest
votes
2 Answers
2
active
oldest
votes
active
oldest
votes
active
oldest
votes
up vote
17
down vote
Can I invest in S&P500 Index fund, while residing in India
You can invest in US funds. Under the Liberalized Remittance Scheme one can invest up to USD 250,000 per year.
Option 1:
Open an account with an international broker. This is time consuming and KYC etc would take time. Transferring funds will also involve a bit of paperwork. You can then invest into a range of funds that track the S&P 500.
Option 2:
Open an Account with an Indian broker [or with AMFI]. There are quite a few fund houses that offer funds that invest in US markets; for example ICICI, Franklin, Motilal Oswal, DSP Blackrock, Birla Sunlife, etc. Most of these invest in a broad range of equity. Motilal has NASDAQ 100; it has filed a prospectus for S&P.
This would be more convenient in terms of KYC or depositing / withdrawing as your interaction will be with the Indian fund house.
edited Nov 26 at 13:32
Glorfindel
3291311
answered Nov 26 at 11:48
Dheer
49.1k961144
add a comment |
up vote
17
down vote
Can I invest in S&P500 Index fund, while residing in India
You can invest in US funds. Under the Liberalized Remittance Scheme one can invest up to USD 250,000 per year.
Option 1:
Open an account with an international broker. This is time consuming and KYC etc would take time. Transferring funds will also involve a bit of paperwork. You can then invest into a range of funds that track the S&P 500.
Option 2:
Open an Account with an Indian broker [or with AMFI]. There are quite a few fund houses that offer funds that invest in US markets; for example ICICI, Franklin, Motilal Oswal, DSP Blackrock, Birla Sunlife, etc. Most of these invest in a broad range of equity. Motilal has NASDAQ 100; it has filed a prospectus for S&P.
This would be more convenient in terms of KYC or depositing / withdrawing as your interaction will be with the Indian fund house.
edited Nov 26 at 13:32
Glorfindel
3291311
answered Nov 26 at 11:48
Dheer
49.1k961144
add a comment |
up vote
17
down vote
up vote
17
down vote
Can I invest in S&P500 Index fund, while residing in India
You can invest in US funds. Under the Liberalized Remittance Scheme one can invest up to USD 250,000 per year.
Option 1:
Open an account with an international broker. This is time consuming and KYC etc would take time. Transferring funds will also involve a bit of paperwork. You can then invest into a range of funds that track the S&P 500.
Option 2:
Open an Account with an Indian broker [or with AMFI]. There are quite a few fund houses that offer funds that invest in US markets; for example ICICI, Franklin, Motilal Oswal, DSP Blackrock, Birla Sunlife, etc. Most of these invest in a broad range of equity. Motilal has NASDAQ 100; it has filed a prospectus for S&P.
This would be more convenient in terms of KYC or depositing / withdrawing as your interaction will be with the Indian fund house.
edited Nov 26 at 13:32
Glorfindel
3291311
answered Nov 26 at 11:48
Dheer
49.1k961144
Can I invest in S&P500 Index fund, while residing in India
You can invest in US funds. Under the Liberalized Remittance Scheme one can invest up to USD 250,000 per year.
Option 1:
Open an account with an international broker. This is time consuming and KYC etc would take time. Transferring funds will also involve a bit of paperwork. You can then invest into a range of funds that track the S&P 500.
Option 2:
Open an Account with an Indian broker [or with AMFI]. There are quite a few fund houses that offer funds that invest in US markets; for example ICICI, Franklin, Motilal Oswal, DSP Blackrock, Birla Sunlife, etc. Most of these invest in a broad range of equity. Motilal has NASDAQ 100; it has filed a prospectus for S&P.
This would be more convenient in terms of KYC or depositing / withdrawing as your interaction will be with the Indian fund house.
edited Nov 26 at 13:32
Glorfindel
3291311
answered Nov 26 at 11:48
Dheer
49.1k961144
edited Nov 26 at 13:32
Glorfindel
3291311
edited Nov 26 at 13:32
Glorfindel
3291311
edited Nov 26 at 13:32
Glorfindel
3291311
3291311
answered Nov 26 at 11:48
Dheer
49.1k961144
answered Nov 26 at 11:48
Dheer
49.1k961144
answered Nov 26 at 11:48
Dheer
49.1k961144
49.1k961144
add a comment |
add a comment |
up vote
5
down vote
There are 2 aspects to your questions as I perceive it. Whether or not you are eligible to invest in it as a non-US resident and whether or not you have access to it outside the US.
The short answer to both is yes.
You're perfectly fine to invest in USA based ETFs as a non-resident. The second part I cannot help directly with since I'm not based in India but for instance, in the EU, you can open local broker accounts to invest in cross-continent ETFs or skip that altogether and invest in ETFs and similar financial products through a robo-advisor (like Moneyfarm, Scalable, ETFmatic etc).
I'm fairly certain that for a big market like India you should be able to find someone offering broker accounts and/or robo-advisor options that include USA ETFs.
edited Nov 26 at 13:18
Glorfindel
3291311
answered Nov 26 at 9:49
Leon
2,0211318
add a comment |
up vote
5
down vote
There are 2 aspects to your questions as I perceive it. Whether or not you are eligible to invest in it as a non-US resident and whether or not you have access to it outside the US.
The short answer to both is yes.
You're perfectly fine to invest in USA based ETFs as a non-resident. The second part I cannot help directly with since I'm not based in India but for instance, in the EU, you can open local broker accounts to invest in cross-continent ETFs or skip that altogether and invest in ETFs and similar financial products through a robo-advisor (like Moneyfarm, Scalable, ETFmatic etc).
I'm fairly certain that for a big market like India you should be able to find someone offering broker accounts and/or robo-advisor options that include USA ETFs.
edited Nov 26 at 13:18
Glorfindel
3291311
answered Nov 26 at 9:49
Leon
2,0211318
add a comment |
up vote
5
down vote
up vote
5
down vote
There are 2 aspects to your questions as I perceive it. Whether or not you are eligible to invest in it as a non-US resident and whether or not you have access to it outside the US.
The short answer to both is yes.
You're perfectly fine to invest in USA based ETFs as a non-resident. The second part I cannot help directly with since I'm not based in India but for instance, in the EU, you can open local broker accounts to invest in cross-continent ETFs or skip that altogether and invest in ETFs and similar financial products through a robo-advisor (like Moneyfarm, Scalable, ETFmatic etc).
I'm fairly certain that for a big market like India you should be able to find someone offering broker accounts and/or robo-advisor options that include USA ETFs.
edited Nov 26 at 13:18
Glorfindel
3291311
answered Nov 26 at 9:49
Leon
2,0211318
There are 2 aspects to your questions as I perceive it. Whether or not you are eligible to invest in it as a non-US resident and whether or not you have access to it outside the US.
The short answer to both is yes.
You're perfectly fine to invest in USA based ETFs as a non-resident. The second part I cannot help directly with since I'm not based in India but for instance, in the EU, you can open local broker accounts to invest in cross-continent ETFs or skip that altogether and invest in ETFs and similar financial products through a robo-advisor (like Moneyfarm, Scalable, ETFmatic etc).
I'm fairly certain that for a big market like India you should be able to find someone offering broker accounts and/or robo-advisor options that include USA ETFs.
edited Nov 26 at 13:18
Glorfindel
3291311
answered Nov 26 at 9:49
Leon
2,0211318
edited Nov 26 at 13:18
Glorfindel
3291311
edited Nov 26 at 13:18
Glorfindel
3291311
edited Nov 26 at 13:18
Glorfindel
3291311
3291311
answered Nov 26 at 9:49
Leon
2,0211318
answered Nov 26 at 9:49
Leon
2,0211318
answered Nov 26 at 9:49
Leon
2,0211318
2,0211318
add a comment |
add a comment |
Sucheta Saha is a new contributor. Be nice, and check out our Code of Conduct.
Sucheta Saha is a new contributor. Be nice, and check out our Code of Conduct.
Sucheta Saha is a new contributor. Be nice, and check out our Code of Conduct.
Sucheta Saha is a new contributor. Be nice, and check out our Code of Conduct.
Thanks for contributing an answer to Personal Finance & Money Stack Exchange!
- Please be sure to answer the question. Provide details and share your research!
But avoid …
- Asking for help, clarification, or responding to other answers.
- Making statements based on opinion; back them up with references or personal experience.
To learn more, see our tips on writing great answers.
Some of your past answers have not been well-received, and you're in danger of being blocked from answering.
Please pay close attention to the following guidance:
- Please be sure to answer the question. Provide details and share your research!
But avoid …
- Asking for help, clarification, or responding to other answers.
- Making statements based on opinion; back them up with references or personal experience.
To learn more, see our tips on writing great answers.
Sign up or log in
StackExchange.ready(function () {
StackExchange.helpers.onClickDraftSave('#login-link');
});
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Post as a guest
Required, but never shown
StackExchange.ready(
function () {
StackExchange.openid.initPostLogin('.new-post-login', 'https%3a%2f%2fmoney.stackexchange.com%2fquestions%2f102374%2finvesting-in-sp500-index-fund-from-india%23new-answer', 'question_page');
}
);
Post as a guest
Required, but never shown
Sign up or log in
StackExchange.ready(function () {
StackExchange.helpers.onClickDraftSave('#login-link');
});
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Post as a guest
Required, but never shown
Sign up or log in
StackExchange.ready(function () {
StackExchange.helpers.onClickDraftSave('#login-link');
});
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Post as a guest
Required, but never shown
Sign up or log in
StackExchange.ready(function () {
StackExchange.helpers.onClickDraftSave('#login-link');
});
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Post as a guest
Required, but never shown
Required, but never shown
Required, but never shown
Required, but never shown
Required, but never shown
Required, but never shown
Required, but never shown
Required, but never shown
Required, but never shown
With no comment from the person who flagged this off-topic explaining why, I'm voting to leave it open.
– Rupert Morrish
Nov 26 at 19:08