Should you go for curated portfolios for international investing?

0
Loading...

NEW DELHI: Indian investors looking at international diversification and better returns but are less familiar with investing in US securities are seeking curated portfolios of stocks and ETFs that help simplify global investment decisions.

Over the past year, there has been more attention on international investing as people have seen the US markets withstand covid-19 with more stability. As an evolved step to do-it-yourself global investing, these ready-made portfolios enable investors to build a diversified exposure in securities across sectors, geographies and asset classes.

Global investing platform, Stockal, which had launched its curated portfolio service called Stacks five months back is witnessing inflows of around 10 crore every month into the platform.

Loading...

“There is a natural tendency to want advice. People are also looking for advice on where to put their money after they have invested in known names such as Tesla and others. It’s been five months since we launched Stacks, and the demand is pretty strong. Overall, we have around 35 crore invested via Stacks,” said Sitashwa Srivastava, CEO, Stockal, a fintech that enables global investing for Indians.

The investing platform has partnered with wealth management firms to create, maintain and manage portfolios.

Moreover, Globalise, which is India’s first platform for guided global investing recently launched its curated portfolio service called Globes. “Curated portfolios provide an attractive investment route as they are designed to simplify investment decisions, and avoid the research required when self-directing their investments,” said Viraj Nanda, CEO, Globalise.

Loading...

Apart from theme-based portfolios next-Gen tech, small-caps and mid-caps, Globes also offers goal-based investing such as overseas education, vacation and retirement.

According to Srivastava theme-based portfolios that are more in demand among Indian investors are electric vehicles, US tech bluechip and ETF disruptor.

The benefits of investing via curated portfolios offered by global investing platforms is that they offer access to a bigger number of stocks and exchange-traded funds (ETFs).

Loading...

“By investing directly on a global investment platform, an investor’s assets are held in dollars. This means that even when they sell their investment, the cash remains in dollars. This allows investors to build a dollar corpus when saving for overseas expenses such as education,” said Nanda.

However, investing in curated portfolios come at a cost. At Globes, there is a purchase fee of $2.99, and a monthly platform charge of 0.1% of the asset under management, while for Stacks, it is usually 1-2% of the AUM is charged quarterly.

Loading...

Subscribe to Mint Newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.

Loading...

Never miss a story! Stay connected and informed with Mint.
Download
our App Now!!

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

Loading...

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Loading...

Read original article here

Denial of responsibility! TechAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More