Investing in global stocks through IFSC: Here's what investors should know

A certain number of NSE IFSC depository receipts are required to make up one underlying share

International investing has been gaining prominence in the past two years as investors look to avoid single-country risk. Indian investors now have the option of investing in global stocks through the International Financial Services Centre (IFSC) at the Gujarat International Finance Tec-City, or GIFT City. Here’s what investors should know before they do so:

Which entities are offering these services?

India INX Global Access IFSC (INX GA), a special purpose vehicle set up by BSE's India International Exchange, allows people to invest in more than 30,000 stocks across 33 countries and 135 exchanges in the US, Asia Pacific and Europe. One can