As per data from RBI, the cumulative investments under the Liberalized Remittance Scheme increased nearly three-fold from $441 million in FY17-18 to $1,256 million in FY22-23
Investing internationally is an important piece of diversification. A 10% exposure to international markets is a good target to have initially. When you invest in US indices, it’s not just about getting geographical diversification in your portfolio. It’s also a play on rupee depreciation, which over the years, has been beneficial for Indians investing in international equities. These days, there is another interesting option available for those looking for aggressive investments in US tech stocks – the NYSE FANG+ Index. It is less diversified than the Nasdaq-100 but still comparable as both focus on tech stocks heavily. Watch the video for more.
Out of 48 international funds that Indian investors can invest, 12 invest in the US markets. Most of these invest in technology companies listed in the US markets.