HDFC Securities, a prominent stockbroking company and subsidiary of HDFC Bank, has announced a strategic partnership with Vested Finance, a renowned US-based investment platform. This collaboration aims to democratise global investing for Indian residents and NRIs, offering advanced protection, innovative features, and enhanced portfolio diversification under the initiative called Global Investing 2.0.
Through this partnership, HDFC Securities seeks to provide its clients with a broader range of investment opportunities. Leveraging Vested’s platform, HDFC Securities clients can now enjoy an enriched investment experience with features like simplified account setup and funding. “We are excited to forge this collaboration with Vested to bring unrivalled global investment opportunities to our clients,” stated Dhiraj Relli, MD & CEO of HDFC Securities. This collaboration aligns with HDFC Securities’ mission to offer seamless and secure investment solutions, empowering investors to diversify their portfolios and achieve their financial goals on a global scale through the Investright application.
Streamlined Fund Transfers and Customised Investment Options
One of the standout features of Global Investing 2.0 is the seamless transfer of USD funds through HDFC Bank, facilitating effortless global investments. Investors can create personalised US investment baskets and portfolios with advanced research from HDFC Securities, allowing them to set their own investment rules and strategies.
Additionally, Global Investing 2.0 introduces systematic investment plans (SIPs) for global portfolios, enabling recurring investments. Investors will also benefit from extended trading hours, gaining access to market opportunities before and after regular trading sessions. The platform provides comprehensive fundamental and technical analysis tools to support informed investment decisions.
Vested Finance offers best-in-class security, allowing investors to purchase fractional shares of blue-chip stocks for as little as $1. The platform ensures the highest level of safety with funds and securities held by qualified third-party custodians, along with extensive insurance coverage. Vested adheres to stringent US regulations as an SEC-registered Investment Adviser and FINRA Broker-Dealer, and complies with the RBI’s Liberalized Remittance Scheme, allowing Indian residents to invest up to $250,000 annually.
With Global Investing 2.0, HDFC Securities and Vested Finance empower investors to access and diversify their portfolios internationally, offering world-class investment options across stocks and ETFs. This initiative marks a significant leap in providing Indian investors with unparalleled opportunities in the global market.