In a bid to allow Indian investors to invest in U.S. listed companies, India settled leading securities service provider Axis Securities has announced its partnership with Vested Finance, an online platform that enables Indian investors to invest in U.S. stock markets to launch ‘Global Investing’ – a smart solution for Indian retail investors.
As per the partnership, Axis securities will allow Indian investors to buy or sell shares of U.S. listed companies like Facebook, Twitter, Apple, Netflix, Google, and more or to invest in theme-based baskets or ETFs; all in just clicks.
The company in its statement said, “With easy access to a robust global market, investors can not only enjoy the benefits of geographical diversification but also secure their portfolios from a single country and single currency risk. This one of a kind solution offers professionally curated portfolios and theme-based baskets of stocks and ETFs, with a completely digital on-board and fund transfer process, thereby ensuring that global investing #SimpleHai.”
“Global investing enables the customers of Axis Securities to invest in US stock markets at zero brokerage charges. With the premium plan, investors can enjoy a host of features such as zero account opening fees, zero brokerage, and one-year free withdrawal benefits, to name a few. The platform empowers customers to invest as low as $1 for high priced shares by making investments in less than one stock,” the statement said.
Adding to the statement, the company said, “Through this platform, customers can make and manage investments in more than 1,000 stocks and ETFs. With the additional facility to invest in professionally curated model portfolios and theme-based baskets, retail investors can now participate in global growth stories backed by sound research.”
Speaking on the launch of Global Investing, B Gopakumar, MD & CEO of Axis Securities said, “India has witnessed a significant increase in demand for international investments, particularly from tech-savvy millennials. With our Global Investing, we aim to empower investors to be shareholders of the most innovative global companies and businesses.”
“Through curated investment portfolios, theme-based baskets, and research advisory, we wish to make international investing simple and help them to make the right decisions. This product will surely be a value addition by enabling our customers to seamlessly access global capital markets and build a more powerful, geographically diversified portfolio,” B Gopkumar said.
Commenting on the statement, Viram Shah, Co-founder & CEO of Vested Finance, said, “We are delighted to partner with Axis Securities, which is one of the leading retail brokerage houses in the country. Indian retail investors are interested to create a geographically diversified portfolio for long term investment.”
“We strongly believe that this platform will open doors to global trading for many Indian investors. This product will promote overseas investments and provide an outstanding capability to investors to invest directly in the US stock market,” he said.
“We strongly believe that this platform will open doors to global trading for many Indian investors. This product will promote overseas investments and provide an outstanding capability to investors to invest directly in the US stock market,” Viram added.