Buy FAANGs in India

Starting small is a good way to ease domestic investors into overseas trading

The launch of trading in US-based stocks for domestic investors at the National Stock Exchange’s International Exchange (NSE IFSC) today could improve access to hard-currency assets for the average Indian investor. While the funds deployed at the NSE IFSC, a wholly-owned subsidiary of the NSE that operates in the Gujarat International Finance Tec-City (GIFT) city, count towards the Liberalised Remittance Scheme (LRS), the process of deployment and trading may involve less red tape, and be more cost-effective than opening an account with an overseas broker. Investors at the NSE IFSC will have to open a demat account, specifically at the