US Stocks * is an innovative first of its kind product offered by NSE IFSC Exchange – GIFT City , giving Indian Residents and NRIs a way to invest and diversify in Global Markets and Top performing US companies . It’s in the form of UDRs ( unsponsored Depository Receipts ) comprising of top 50 US Stocks which are part of S & P 500 Index. All investments and trading are under RBIs LRS Scheme ( Liberalized Remittance Scheme) that allows India Residents to transfer USD 250000 per financial year to invest globally !
Trading, Clearing, Settlement of Global stocks* governed and regulated by IFSC Authority.
Trading in fractional quantity and demat holdings with IFSC depository.
Eligible to receive corporate action benefits.
All orders will be traded and settled in NSE IFSC; No order will be diverted to other platform or brokers registered with global exchanges.
Low cost remittance through preferred Banking partners.
Presently 50 US Stocks in the form of unsponsored depository receipts (UDR) are available for investment.
Individual resident in India who is eligible under FEMA to invest funds offshore, to the extent allowed in the Liberalized Remittance Scheme of Reserve Bank of India.
Register
Open your trading and Demat account with an IFSCA registered Trading Member – Anand Rathi International Ventures (IFSC) Pvt Limited and complete the KYC requirements.
LRS Transfer
Complete documentation for Liberalized Remittance Scheme (LRS) with your bank. Transfer US Dollars from your savings bank account to your trading account with Anand Rathi International Ventures ( IFSC ) in GIFT City. If you hold ICICI Bank Savings account please use the ICICI Bank – LRS link to transfer funds online.
Trading and Investment
On Confirmation and Receipt of the USD funds, start trading and your investment in US STOCKS* through NSE IFSC Receipts on NSE IFSC platform. You can use our Online or Dealer assisted service for trade.
| Documents | Mandatory | Optional |
|---|---|---|
| PAN |
- | |
3 month Bank Statement ( Funding Bank ) or ITR or Cancelled Cheque |
- | |
Overseas Address Proof - Utility Bill |
- | |
Aadhar Card & Aadhar Consent Letter |
- | |
| Passport with valid VISA Stamp |
- | |
3 Passport Size Photo |
- |
| Documents | Mandatory | Optional |
|---|---|---|
| PAN |
- | |
3 Indian Domestic Customer- Individual |
- | |
Indian Domestic Customer- Individual |
- | |
Indian Domestic Customer- Individual |
- | |
| Cancelled Cheque |
- | |
3 Passport Size Photo |
- |
| Documents | Mandatory | Optional |
|---|---|---|
| PAN |
- | |
Tax Identity Number or Equivalent ID |
- | |
Valid Passport ( Foreign) / OIC Card |
- | |
3 Months Overseas Bank Statement |
- | |
| Overseas Address Proof |
- | |
3 Passport Size Photo |
- |
| Documents | Mandatory | Optional |
|---|---|---|
| KYC Consent Form |
- | |
1 month Bank Statement ( Funding Bank ) or Cancelled Cheque |
- |
Dinesh Modi |
634, SIGNATURE TOWER, 6TH FLOOR, BLOCK 13B, ZONE 1, GIFT CITY, GANDHINAGAR, GUJARAT, INDIA - 382355 |
|---|
All documents including nominee proof to be self attested by the account holder.
All KYC Documents to be self Attested.
| Exchange | Registration Number |
|---|---|
| IFSCA / SEBI Registration Number |
INZ000292939 |
INDIA INX |
5064 |
NSE IFSC Exchange |
10048 |
IIBX – TSM Membership Number |
2011 |
IIDL – Depository Participant Number |
IFSCA/DP 2022-23 /007 |
Distributor (Capital Market products and Services) |
2023-24/0002 |
giftifsc@rathi.com
India - +91-96-19655115
Dubai - +971 521119407
