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NSE IFSC Receipts

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About NSE IFSC Receipts

Unlock seamless access to Top US Stocks* right from India. With NSE IFSC Receipts; Resident Indians as well as Non – Resident Indians and Foreign Investors can invest in global giants while enjoying the benefits of local settlement and corporate actions.

These are Unsponsored Depository Receipts (UDRs) that mirror the performance of underlying US Stocks which are part of the S & P 500 Index. All investments and trading are under RBI's Liberalized Remittance Scheme (LRS Scheme) that allows Resident Indians to transfer USD 250000 per financial year.

Key Features of NSE IFSC Receipts

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Invest in Global Giants

Access Top 50 US Stocks* (underlying stock part of the S & P 500 Index) available to Resident Indians (fund transfer under LRS Scheme) as well as to Non Resident Indians and Foreign Nationals
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Regulated and Transparent

Trading, clearing and settlement are carried out under the regulatory framework of IFSCA thus ensuring full compliance and investor protection
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Intra-day Trading Flexibility

Trade NSE IFSC Receipts with the flexibility of intraday positions and a standard T+3 settlement cycle
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Easy Fund Transfers via LRS

Invest upto USD 250,000 per financial year under RBI's Liberalized Remittance Scheme (LRS Scheme)
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Cost and tax efficiency

Cost efficiency with zero Securities Transaction Tax (STT), Commodity Transaction Tax (CTT) and stamp duty applicable to GIFT City-related transactions.
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Corporate Action Benefits

Eligible clients can avail corporate action benefits including dividends and bonus
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Global Investing, Local Custody

Hold U.S. Stocks in the form of Unsponsored Depository Receipts (UDRs), securely maintained in your own demat account at GIFT City.
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Why Choose Anand Rathi For NSE IFSC Receipts?

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    Seamless Digital Onboarding & Trading Platform

    Execute all your NSE IFSC trades seamlessly on the AR Trade App (web and mobile), and open your Trading and Demat account within minutes through Anand Rathi’s Digital Onboarding Platform – DIGINXT.

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    Backed by Regulatory Trust

    As a registered NSE IFSC broker and GIFT City member, Anand Rathi ensures that your trades are fully compliant, secure, and transparent under IFSCA norms.

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    Cost Efficiency

    Enjoy truly cost-efficient global investing with low brokerage fees and a transparent T+3 settlement structure.

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    Dedicated Dealing Desk Support

    Get direct dealing desk support for seamless trade execution to help manage your investments with confidence.

NSE IFSC Receipts Investment Digital Steps

Getting started with NSE IFSC receipts is quick, digital and hassle-free. Here's how;

  • Digital account setup process

    Step 1 Digital Account Opening


    Open your Trading and Demat account digitally through DIGINXT (new clients) or Consent Based Journey (existing Anand Rathi clients).

  • Transferring funds to the account

    Step 2 Transfer of Funds


    After the account opening is completed, transfer funds from your savings bank account to our bank account.

  • Begin investing through the platform

    Step 3 Start Investing


    Use the Login details shared on your registered email ID to invest via the AR Trade app. You can also get in touch with our Dealing Desk at GIFT City.

    Trade Top US stocks* from India - Open Account Online Today!

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Documents Required for NSE IFSC Receipts Trading and Demat Account

  • Checkmark for PAN card

    PAN card

  • Checkmark for Aadhaar

    Masked Aadhaar card

  • Checkmark for bank statement/cheque

    Latest Bank statement or cancelled cheque

  • Checkmark for scanned signature

    Scanned signature on plain paper

  • Checkmark for nominee PAN

    Nominee PAN card

  • Checkmark for W-8BEN form

    Completed W-8BEN form (prefilled form will be available on DIGINXT portal)

FAQs

You Asked. We Answered.

What is an NSE IFSC Receipt?

An NSE IFSC Receipt is a negotiable financial instrument in the nature of an Unsponsored Depository Receipt issued by the NSE IFSC Receipts Custodian, namely HDFC Bank Limited IFSC Banking Unit, in its capacity as an IFSCA recognized custodian on the basis of underlying shares issued by a U.S. listed company (Underlying Share and such company, Underlying Company).

What are the benefits of NSE IFSC Receipts?

  • Fully regulated under IFSCA
  • Listed and Settled in GIFT City
  • Eligible for Corporate Action Benefits
  • Trading in Fractions and Settlement in USD
  • No foreign brokerage account is needed
  • Easy remittance via RBI's Liberalized Remittance Scheme (limit upto $250,000 per financial year for Resident Indians)

How to open a Trading and Demat account for NSE IFSC Receipts with Anand Rathi – GIFT City?

For Indian Residents: If you're a new client and want to start a fresh application then you can open the demat and trading account using our Digital KYC Onboarding Platform - DIGINXT.

If you are an existing active Anand Rathi Share & Stock Brokers Limited (ARSSBL) client who has opened the account after January 1st, 2022, then you can open your account through the Consent Based Journey without uploading any additional documents.

For Eligible NRIs and Foreign Nationals: The account opening process requires physical documentation. You will need to submit a completed application along with mandatory documents, including your Passport and additional proofs of identity and address.

What are the market timings?

NSE IFSC Receipts would be traded during US Market hours - 9:30 a.m. to 4 p.m. Eastern Standard Time, which is from 7 p.m. to 1:30 a.m. Indian Standard Time (Based on Daylight Saving).

The timings may undergo a change and the same shall be informed to the market in the form of a circular.

Is Intra-Day trading allowed and short selling allowed?

Yes. Intra-day trading is allowed in NSE IFSC Receipts. However, in respect of Indian Retail Investors, intra-day trading is allowed, provided the investor will not be permitted to take any positions/ execute any trade which would exceed the overall LRS limit of USD 250,000 per financial year.

Each transaction is adequately backed by the entire transaction value.

Sell transactions should be either backed by NSE IFSC Receipts or should be a sell transaction against an open buy position created during the day.

Short selling of NSE IFSC Receipts by the Indian Retail investors will not be permitted.