Stock Portfolio: Build a stock portfolio outside the index abroad

Mumbai: Diversify – whether at home or on the stateside: this is the prescription for monetizing US stocks where valuations have reached stratospheric heights – as in Mumbai.

The Nasdaq 100 Fund has gained 52% in the last one year. It was one of the most popular funds among Indian investors, many of whom have recently started foreign investment

“While stocks like Tesla and Netflix have a bubble, there are plenty of personal stock opportunities out there and investors can build a portfolio of companies with good fundamentals and fair valuations,” said Bikash Gupta, chief investment strategist at Omniscience Capital.

Bikash believes that investors can build a portfolio of 8-10 stocks and some stocks like Qualcomm, IBM, Micron Technologies and Cirrus Logic are worth it. Among the non-technology stocks, he prefers Gamestop, Bed Bath and Beyond, Gap and Sketchers.

Financial planners point out that there are growth opportunities in specific areas that can be accessed by investors.

“Themes like Biotech, Clean Energy, Artificial Intelligence and Technology have innovative companies that Indian investors should have access to,” said Bikash Nanda, Chairman, Globalize, a digital asset management platform for globalization, creating a global portfolio. Invesco Wilderhill recommends the development of ETFs such as Clean Energy ETF, First Trust Nasdaq Clean Edge Green Energy ETF, ARK Genomic Revolution ETF, GlobalX Robotics and Artificial Intelligence ETF.

Investors are also investing in global giants that make money not only in the United States but around the world.

“We have seen Indian investors invest in stocks like ETFs like Apple, Amazon, Facebook and Vanguard Total Stock Market Index Fund,” said Winvesta, CEO, Swastik Nigam, a platform that allows Indian investors to trade abroad.

Investors who do not understand individual stocks can still continue to make long-term investments in the Nasdaq 100.

“Although earnings are strong, valuations are high, and therefore investors should use a staggering approach,” said Pratik Oswal, head (passive fund) of Motilal Oswal AMC.

Indian investors can invest up to $ 250,000 per year under the liberalized remittance scheme (LRS). Several bank brokers, such as HDFC Bank, Kotak Mahindra, ICICI Bank and others, allow Indians to invest in foreign stocks or ETFs. There are also platforms like Stockal, Globalize, Winvesta and Vested through which investors can buy stocks or seek advice and build a portfolio of companies.