Mirae Asset launches US stock access for Indian investors via IFSC
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- Developments
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- Repetition
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New informationRepeats or wire copies
What happened
Mirae Asset GIFT Sharekhan launched an offering enabling Indian investors to access eligible US-listed stocks and ETFs through the International Financial Services Centre (IFSC) at GIFT City. The service is regulated and compliant with the RBI’s Liberalised Remittance Scheme (LRS). The platform provides access to over 10,000 US stocks and ETFs, with fractional investments available starting from USD 1.
From aninews.in
Why it matters
The offering provides Indian investors a regulated pathway to participate in global markets. This allows investors to gain exposure to global innovation themes, such as artificial intelligence and semiconductors, complementing existing domestic portfolios.
GIFT City has enabled access to international securities.
From aninews.in
Who's involved
- International Financial Services CentreProvides the regulatory framework for international securities access.
- Department of FinanceOperates the regulatory framework under which the International Financial Services Centre functions.
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The entities involved
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International Financial Services Centre
financial centre in Dublin, Ireland
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