GIFT City: NSE International Exchange (NSE IX) has introduced a new investment platform from GIFT City, enabling Indian retail investors and NRIs to invest in equities across 30 global markets.

The platform has initially rolled out access to US-listed stocks, with the UK, Japan and select European markets expected to be added within the next three to six months.

Under the Reserve Bank of India’s Liberalised Remittance Scheme (LRS), resident Indians can remit up to $2.5 lakh per financial year for overseas investments. Funds will be transferred in rupees to NSE IX’s designated bank account and converted into US dollars for international trades.

NSE IX Managing Director and CEO V. Balasubramaniam said the move is aimed at meeting rising demand among Indian investors for global exposure. He described NSE IX as a gateway for both inbound and outbound investments via GIFT City, adding that the Global Access platform will soon expand beyond US equities to over 30 international markets.

The platform supports fractional investing, allowing users to purchase portions of high-value global shares. Regulated by the International Financial Services Centres Authority and compliant with LRS norms, it does not require investors to open a demat account. NSE IX has floated a subsidiary, NSE IX Global Access, and is currently in a 10-day soft launch phase ahead of onboarding partners.

Balasubramaniam said the KYC process is fully digital and can be completed in under a minute through systems such as DigiLocker, with Aadhaar and PAN mandatory. The platform permits trading in equities, debt instruments and ETFs, but excludes derivatives and cryptocurrency transactions. DeshGujarat