International Stock Investing

Introduction: Go Global With Your Investments

Most Indian investors only invest in Indian stocks. But here's the truth: India is only 5% of global stock market wealth. The other 95% lies in international markets—USA, Europe, Japan, UK.

What if you could invest in Apple, Microsoft, Amazon, Google directly from India with just ₹5,000? What if you could diversify away from Indian market volatility and tap into global mega-trends like AI, cloud computing, and renewable energy?

You CAN! Thanks to the Liberalized Remittance Scheme (LRS), every Indian resident can invest up to ₹1.9 crore ($250,000) in international stocks per financial year WITHOUT any special permission.

This guide explains international investing simply, shows the tax implications, reveals the currency risk, and helps you start buying US stocks from India TODAY.

Why Invest Internationally? 5 Compelling Reasons

✅ Reason #1: Global Diversification (Reduce India Risk)

India market drops 20%? Your international holdings don't. They provide stability.

✅ Reason #2: Access Global Giants

Own pieces of Apple ($3 trillion), Microsoft ($3 trillion), Amazon ($2 trillion)—companies too big to exist in India.

✅ Reason #3: Better Returns (17% CAGR)

US Nasdaq 100 has given 17.62% CAGR (5 years), beating Indian Nifty's 10-12% returns.

✅ Reason #4: Tap Global Megatrends

AI, cloud computing, electric vehicles, renewable energy—best companies are US/global, not Indian.

✅ Reason #5: Hedge Against Rupee Depreciation

If rupee weakens 5%, your US stock holdings gain 5% automatically in rupee terms!

4 Ways to Invest Internationally from India

Way #1: International Mutual Funds (EASIEST - START HERE!)

What It Is:

Indian mutual funds that invest in foreign stocks for you. You invest in rupees, fund manages forex.

Minimum: ₹500-5,000

Examples: Motilal Oswal Nasdaq 100, ICICI Pru MNC Fund, Edelweiss US Tech

Pros: Easy, no currency conversion hassle, professional management

Cons: Fund charges 0.5-1% extra fee

Best for: Beginners, those without forex accounts

Way #2: International ETFs (Low Cost)

What It Is:

Traded funds tracking international indices. Buy like Indian stocks via demat account.

Minimum: ₹5,000+

Examples: Motilal Oswal NASDAQ 100 ETF, SBI Global 75 ETF

Pros: Very low fees (0.05-0.3%), liquid, trade anytime

Cons: Still currency risk, Indian rupee-traded fund

Best for: Cost-conscious investors

Way #3: Direct US Stock Account (MOST CONTROL)

What It Is:

Open US brokerage account (Interactive Brokers, etc.), buy US stocks directly.

Minimum: ₹1,00,000+

Process: Forex remittance via bank → US broker account → Buy stocks

Pros: Best returns, no fund fees, complete control

Cons: Complex paperwork, need forex account, currency risk

Best for: Experienced investors, large amounts

Way #4: ADRs (American Depositary Receipts)

What It Is:

US company shares traded on Indian exchanges (NSE/BSE). Like Indian stocks but foreign companies.

Minimum: ₹1,000+

Examples: Tesla, Apple ADRs trading on Indian platforms

Pros: Buy like Indian stocks, no forex complexity

Cons: Limited options, pricing not real-time

Best for: Those wanting US exposure without forex

The LRS Limit: ₹1.9 Crore Per Year

💡 Liberalized Remittance Scheme (LRS):

Every Indian resident can remit up to $250,000 (₹1.9 crore) per financial year for overseas investments WITHOUT any special permission.

What Can Be Invested?

  • ✓ Foreign stocks (US, UK, Europe, Asia)
  • ✓ International mutual funds & ETFs
  • ✓ Foreign bonds & securities
  • ✓ Real estate abroad (residential only)
  • ✗ Foreign insurance & forex speculation

Important Rules

  • ✓ LRS limit is per PERSON, not per family
  • ✓ Resets every financial year (April-March)
  • ✓ ₹7 lakh+ remittance attracts 5% TCS (Tax Collected at Source)
  • ✓ TCS can be claimed back as refund in ITR
  • ✓ Requires PAN for verification

Currency Risk: The USD-INR Volatility

What is Currency Risk?

Real Example: Apple Stock
Jan 2024: Apple trading at $150. You invest ₹1,25,000 @ 83.3 INR/USD
Stock appreciates 20% → $180 (gain!)
BUT rupee strengthens to 80 INR/USD (rupee gains value)
Your ₹1,25,000 investment:
• Stock gain: 20% in USD
• Currency loss: 4% (rupee appreciation)
• NET GAIN: Only 15.2% (not 20%!)
This currency risk is REAL and unavoidable!

How to Manage Currency Risk?

  • Long-term hold: Currency noise reduces over 5+ years
  • Diversify currencies: US + UK + Europe stocks (different currencies)
  • Use ETFs: Funds rebalance automatically
  • Rupee hedge: If rupee weakens, your US holdings gain value
  • NOT currency hedging: Too complex for retail investors

Tax Treatment: How International Gains are Taxed in India

Short-Term Capital Gains (STCG - Held <12 months)

For Residents:

Tax Rate: 20%

Example: ₹1,00,000 gain × 20% = ₹20,000 tax

Long-Term Capital Gains (LTCG - Held >12 months)

For Residents:

Tax Rate: 12.5% (above ₹1.25 lakh exemption)

Exemption: First ₹1.25 lakh gains = 0% tax (tax-free!)

Example: ₹2,00,000 gain → (₹2L - ₹1.25L) × 12.5% = ₹9,375 tax

Dividend Income (From International Stocks)

For Residents:

Dividends from US stocks: Taxed at slab rate (as per income)

Dividend Tax Credit: 25% (US taxes dividends, India may allow credit)

Double Tax Avoidance Agreement (DTAA): You get tax credit for US taxes paid

Tax Collection at Source (TCS)

TCS on Remittances:
Remittance: ₹1-7 lakhs = NO TCS
Remittance: ₹7+ lakhs = 5% TCS

Example:
Remitting ₹10,00,000
TCS @ 5% = ₹50,000
Actual remitted = ₹9,50,000

BUT: You can claim ₹50,000 as refund in ITR (file on time!)

Top International Stock Ideas for Indian Investors

Company Sector Why Great Risk Level
Apple (AAPL) Technology $3T market cap, iPhone moat, services growth Low
Microsoft (MSFT) Technology Azure cloud, AI leader (ChatGPT, Copilot) Low
Nvidia (NVDA) Semiconductors AI chip leader, 60%+ margins Medium
Tesla (TSLA) Automotive EV market leader, AI + batteries Medium-High
Amazon (AMZN) Tech/Retail AWS dominance, retail network effects Low

How to Start Investing Internationally (Step-by-Step)

Easiest Path: International Mutual Fund

  1. Step 1: Open Demat Account
    • Visit Zerodha, Angel One, or any broker
    • Complete KYC (PAN, Aadhaar - 10 minutes)
  2. Step 2: Search International Fund
    • Search "Motilal Oswal Nasdaq 100" or "ICICI MNC"
    • Read fund details, expense ratio, holdings
  3. Step 3: Invest via SIP or Lump Sum
    • SIP: ₹500-5,000/month (recommended)
    • Lump Sum: ₹10,000+ (one-time)
  4. Step 4: Hold 5-10 Years
    • Don't track daily (currency noise)
    • Review annually

Advanced Path: Direct US Broker

  1. Step 1: Verify LRS Eligibility
    • Ensure PAN, NRE account not applicable
  2. Step 2: Open US Broker Account
    • Interactive Brokers or Vested (India-friendly)
    • Upload documents (PAN, Aadhaar, proof of address)
  3. Step 3: Convert INR to USD
    • Remit via bank under LRS (get TCS if >7L)
    • Bank converts INR to USD
  4. Step 4: Buy US Stocks
    • Login to broker, search Apple/Microsoft
    • Buy desired quantity

Common International Investing Mistakes

❌ Mistake #1: Ignoring Currency Risk

Problem: US stocks up 20%, but rupee strengthened 10% = net 10% gain
Fix: Expect 60-70% of US returns in rupee terms

❌ Mistake #2: Trading (Day Trading) International Stocks

Problem: Time zone mismatch, taxes, costs kill returns
Fix: ONLY long-term holding (5+ years)

❌ Mistake #3: Exceeding LRS Limit

Problem: Remit ₹2 crore, RBI blocks remainder, regulatory issues
Fix: Stay within ₹1.9 crore/year limit

❌ Mistake #4: Not Filing ITR

Problem: Don't claim TCS refund, lose ₹50,000+
Fix: File ITR by July 31, claim TCS refund

Conclusion: Go Global & Grow Wealth

Key Points Summary:

  • LRS allows ₹1.9 crore/year: Completely legal, no special permission
  • 4 ways to invest: Mutual funds (easiest), ETFs, Direct broker, ADRs
  • Start small: ₹500-1,000/month via international mutual fund
  • Tax: 12.5% LTCG (>12 months), 20% STCG, 5% TCS on remittances
  • Currency risk: Expect 60-70% of US returns in rupee terms
  • Hold 5-10 years: Long-term beats short-term always

Your Action Plan (THIS MONTH):

  1. ✓ Open demat account (5 minutes)
  2. ✓ Search "Motilal Oswal Nasdaq 100 Fund"
  3. ✓ Invest ₹5,000 (test investment)
  4. ✓ Setup SIP of ₹1,000/month
  5. ✓ Hold for 10 years (don't touch!)
  6. ✓ Build ₹2-3 crore portfolio with global exposure!

Expected Returns (20 Years):

₹1,000/month SIP @ 12% (adjusted for currency) = ₹50 lakhs wealth

PLUS: Global diversification, AI exposure, rupee hedge!

🌍 Think Global. Invest Global. Build Generational Wealth!