Mirae Asset Sharekhan has launched its US investing offering through Mirae Asset GIFT Sharekhan, enabling Indian investors to access eligible US-listed stocks and ETFs through India's International Financial Services Centre (IFSC) at GIFT City. According to reports from Essential Business Intelligence, the platform is powered through Mirae Asset Capital Markets (IFSC) Pvt. Ltd., which holds an IFSCA Broker Dealer registration and is supported by a partner. The offering provides investors with a convenient and regulated pathway to participate in global markets while remaining compliant with the RBI's Liberalised Remittance Scheme (LRS).
Resident Indian investors can invest up to USD 250,000 per PAN per financial year under the LRS framework, as reported by Essential Business Intelligence. The platform offers investors access to more than 10,000 US stocks and ETFs and over 2,500 fractional stocks and ETFs, allowing investors to start investing from as little as $1. The launch comes at a time when Indian investors are increasingly seeking opportunities to diversify beyond domestic markets, with the platform designed for both resident Indian and eligible NRI investors.
According to Essential Business Intelligence, investing in US assets can provide investors with a potential hedge against rupee depreciation, as US investments are denominated in US dollars. The platform offers zero account-opening fees and zero platform annual fees to encourage wider participation in global investing. Through US markets, investors can participate in global innovation themes such as artificial intelligence, semiconductors, cybersecurity, cloud computing and advanced technology, while complementing their existing domestic investments. Investors can access the platform and open an account at gift.sharekhan.com through a fully digital onboarding process.
Commenting on the launch, Moon Kyung Kang, CEO, Mirae Asset Capital Markets & Mirae Asset Sharekhan, stated that Indian investors are increasingly looking beyond domestic markets to build more diversified portfolios and participate in global growth opportunities. As reported by Essential Business Intelligence, the platform offers access to Global X ETFs targeting themes like AI, semiconductors, quantum computing, and robotics, spanning multiple geographies including the US, China, Australia, Brazil, and other markets. Kang emphasized that while India remains a compelling long-term growth story, global investing can help investors build more balanced portfolios by gaining exposure to industries and businesses that may not be widely represented in India.
The platform offers seamless onboarding, INR-to-USD fund transfers, access to live market data, dividend reinvestment opportunities and fractional ownership of some of the world's most recognised companies and exchange-traded funds. According to Essential Business Intelligence, with this launch, Mirae Asset Sharekhan further strengthens its vision of becoming a comprehensive wealth management platform by enabling investors to access opportunities across both Indian and global markets while building more diversified portfolios aligned with their long-term wealth creation goals.
