Chennai: 2021 could be when Indian retail investors really came from age when they traveled to Wall Street in the number of records, besides being active in Dalal Street.
With the US market enjoyed one of their best years in 2021 (the S & P 500 rose more than 27% by 2021), investment by Indians in the US stock market more than doubled with Indian people invest at $ 300- 500 million across a wealth management platform.
From wanting to diversify geographically to hedge against rupees depreciated and saving for aspirations such as foreign education or travel, Indians have put their money on shares such as Tesla and Fanang Popular (Facebook, Amazon, Apple, Netflix and Google) this year.
The emergence of a technology startup that simplifies the logistics involved in global investment has also helped.
This startup provides more information and research on the global market, facilitates open opening accounts, and smooth and cheaper remittances that encourage Indians to explore the international market.
Data from the Stockal Global Investment Platform shows Indian investment to the US grew more than 200% by 2021 in 2021.
“When investors transacting grew more than almost 250%, multiple volumes and grew from $ 500 million in 2021 in 2021 Stockal Among Indians, “Sitiashwa Srivastava, Co-Founder, Stockal, said.
The majority of these investors showed a lot of maturity, he added, quoting it, in stockal, around 70% of the user’s trade once or twice in six months, and parking funds in the portfolio managed by the manager of global assets.
Financial assets, A Sec-registered US investment platform, see nearly 800,000 new registrations on their platforms with investors put more than 450,000 trade throughout the year with trading volume which crosses $ 250 million.
“In 2021, Indians invested twice about 2020 their investments (in US stocks),” Viram Shah, Co-Founder and CEO, financial words.
Shah added that users usually invest for the long term to build their wealth through global companies.
In the first digital personal wealth platform, more than 1,600 new accounts opened in 2021 – almost 10x of what they saw in 2020.
Asheesh Chanda, Co-Founder and CEO, crystal.AI, estimates that there has been more than 50.% growth in the industry (global investment) as a whole.
Among other things, the main driver includes access to high alpha investment options such as pre-IPO and alternative funds, he added.
At present, even when the US stock market passes through the correction phase, Srivastava Stockal said even though some people ordered profits, many Indians made new investments because the stock was cheaper and the dollar had also weakened.