We give fund advice, too!
All roads to international stocks are currently blocked. Let’s take you through each option and then talk about the one that still remains active.
In 2022, these funds were blocked from accepting fresh investor money. The gates were re-opened later, but only slightly. Simply put, it is too erratic an option for investors.
They were also barred from accepting fresh investor money. Why? They had crossed their separate limit of $1 billion.
LRS allows you to invest in overseas stocks. This option still remains on the table, but it doesn’t suit smaller investors. It is inconvenient and complicated.
They are the only options left. You can buy and sell these ETFs on NSE and BSE (the stock exchanges).
Given these ETFs' recent surge in demand (as they are the only suitable option left), they are being sold to investors at a significant premium.
If you look at the table, Mirae Asset NYSE FANG+ ETF and Mirae Asset S&P 500 Top 50 ETF are being sold for a 23.9 per cent and 15.2 per cent premium, respectively!
You may consider Motilal Oswal NASDAQ 100 ETF. Click the link below to know why.