With increasing globalization, it is imperative that a well-diversified portfolio has some exposure to international markets, especially the established markets like US and that is exactly what the MO app intends to simplify for Indian investors.
Motilal Oswal’s MO app is a new-age platform that has once again lived up to its promise of being a game changer in the industry and has made investing in US equities a simple, one-click task. With access to stocks listed on NASDAQ, Dow Jones Industrial Average (DJIA) and other US indices, investors can now invest in companies like Uber, Nike, Twitter, Spotify, Amazon etc. whose products and services they might already be using in their daily lives.
What is even more interesting and thrilling is that with the MO App, investors can now also buy fractional stocks of the companies like McDonald's, Ford, Netflix and even Berkshire Hathaway. E.g. If Amazon stock is trading at $150, investors can now choose to invest only $15 and buy 0.1 quantity of Amazon stock. It is expected that these feature of facilitating the ownership of fractional stocks will encourage more and more Indian investors to invest in the stocks of the international companies they love without worrying about the cost of acquiring such stocks.
In order to make it even more attractive for Indian investors to invest in the US stock markets, Motilal Oswal US Equity account comes with Zero AMC and No Minimum Balance requirement.
To make the process of investing in US stocks even easier for the first-time investors, the platform also provides Thematic Investments which consist of ready-made portfolios of US listed high growth stocks and ETFs designed by experts. This allows first-time investors to invest in Thematic baskets such as Top 100 Tech companies in the US, Top 10 Auto companies in the US and so on without going through the tiresome process of researching on individual stocks.
With RBI allowing an investment of up to $2,50,000 in international markets for Indian investors, thousands of investors have started investing in the US markets to hedge against currency depreciation of INR against USD. To help their clients make the most of this opportunity, Motilal Oswal has also digitalized the Remittance process required to convert Indian Rupees into US Dollar before investing and the investors can avail this support as well through the MO App.
Motilal Oswal has remained steadfast in its commitment to providing the finest investment opportunities to clients for the past 35 years and now their recent venture into US Equities marks yet another significant stride in enabling Indian investors to access top-notch global investment opportunities. The initial response to US Equity investing through the MO app has been overwhelmingly positive, further enhancing the company's reputation for excellence in the industry.
