Invest in US Stocks from India

You can add money using the “Add Money” option in the US Stocks section of the INDmoney app. Select the amount of USD you wish to add, and the equivalent INR will be debited from your Indian bank account and converted to USD after the necessary approvals from you bank. The funds are typically credited to your US stocks wallet within 12–24 hours, after which you can start investing.

How to transfer money to your US stocks account

INDmoney has deep integrations with leading Indian banks, including HDFC Bank, Axis Bank, Federal Bank, ICICI Bank, Kotak Mahindra Bank, and IDFC First Bank. These partnerships enable zero platform fee for INR–USD conversion, lower conversion charges, and faster remittances when adding money to your US stocks wallet besides helping you to track your remittances and withdrawals. 

If you do not have an account with any of the supported banks, you can digitally open a zero-cost savings account with HDFC Bank or Federal Bank directly within the INDmoney app. This allows you to benefit from zero platform fee conversion, lower FX charges, and faster fund transfers for US stock investments.

Click on the “Withdraw” option, choose the USD amount you want to convert back to INR, and the funds will be transferred to your linked Indian bank account after conversion.

No. Withdrawals from your US stocks wallet can only be made to your verified savings bank account in India. As per applicable regulations, funds remitted abroad for investing in US stocks must be repatriated back to India after withdrawal.

The remitted funds are permitted to be used only for the purpose of investing in equities, and cannot be diverted for other uses.

Yes. INDmoney’s US stock investing platform is regulated by IFSCA at GIFT City. Your US stocks and cash are also protected by SIPC up to $500,000, including $250,000 for cash, in case of broker-dealer insolvency.

Yes. Indian residents can invest in US stocks under the RBI’s Liberalised Remittance Scheme (LRS), subject to the annual limit. Global investing platforms operating from India are regulated by IFSCA at GIFT City, and investors should invest only via IFSCA-regulated entities.

INDmoney works with DriveWealth LLC and Alpaca Securities LLC, both regulated by SEC and FINRA in the US. Investments are protected by SIPC up to $500,000, including $250,000 for cash.

Also read : Who regulates the US stocks market

Yes. Dividends from US stocks are credited directly to your US stocks wallet. For fractional holdings, dividends are paid proportionately. After applicable US withholding tax, dividends can be reinvested or withdrawn to your Indian bank account, and the tax deducted can be claimed as a foreign tax credit in India.

Read all about US Stocks Dividend

• Short-term capital gains: Held less than 24 months, taxed as per your income-tax slab
• Long-term capital gains: Held more than 24 months, taxed at 12.5%

Read all about Tax on US Stocks in India

No. Indian residents are not permitted to trade derivatives in global markets.

International investments follow the RBI LRS and banking remittance process, which involves currency conversion and cross-border settlement. This typically takes 12–24 hours. INDmoney team is working with the banks in India and GIFT city to make this process faster and near instantaneous. 

Yes. You can set up an SIP in US stocks provided you are using a Federal savings account inside INDmoney App. You can set up Weekly/ Monthly automatic SIPs. Pause/ Cancel/ edit your SIP anytime. 

Read the full guide on SIP in US stocks via INDmoney. 

FIFO stands for First-In, First-Out. It is a method used to track which shares are sold when you make a sale, especially when you’ve bought the same stock multiple times at different prices. Under FIFO, the oldest shares (first bought) are assumed to be sold first. This is the standard method used in India (as per Income Tax rules) and globally.

Note - When shares are sold, the invested value is not reduced by the sale proceeds. Instead, the invested value is adjusted based on the original cost of the shares sold, which is calculated using the FIFO (First In, First Out) method.
To understand the entire methodology in detail with examples, read this blog