Good way to invest in MSFT, AMD, GOOG, Nvdia from India?
Dec 28, 2021
18 Comments
Any good ETF or Mutual funds?
Or is there any service that people use for direct US stock investments?
Want to invest only above or mid cap tech stocks from US.
TIA.
TC 30LPA
YoE 2
#tech #investment #india #personalfinance #investments
comments
- Which Platform to choose for direct investment:
If you have capital north of $25K to invest then Charles Schwab,
Else if you are willing to pay small transaction charges but need access to nearly all stocks (us or global) on a stable platform, then Interactive Brokers (IBKR)
Else, Vested/INDMoney for simplicity, 0 transaction charges and least wire transfer cost
- Alternatively, if you want exposure to mentioned stocks, you can also checkout Mirae Asset Fang Plus ETF/FoF. It's portfolio consists of 10 big tech stocks.
https://www.valueresearchonline.com/funds/41429/mirae-asset-nyse-fang-etf/
1. It has lower expense ratio (0.5%). Motilal FoF itself has 0.1% and it invests in underlying ETF which has expense ratio 0.59% leading to much higher net expense ratio.
2. ICICI one is a direct mutual fund. They invest directly in nasdaq stocks, thus your returns will always be linked to Nasdaq index. Whereas, Motilal Oswal FoF may show some deviation from actual Nasdaq 100.
For example, one day nasdaq rose 2.4%. ICICI mutual fund rose 2.37%, but Motilal Oswal FoF/ETF rose less than 2% because indian market was bearish that day.
I, myself used to invest in Motilal Oswal Nasdaq as only other choice was Kotak one, which is also an FoF. As soon as ICICI opened direct nasdaq fund, i have switched my new investments to that.
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