I am currently in US and am looking to invest in Mutual Funds in India. My investment experience wrt capital markets is predominantly in US (been using fidelity). Given this experience, the investing arena in India looks very daunting/intimidating to me - I dont see a brokerage like fidelity that acts as a unified portal allowing you to invest in instruments provided by different fund houses (HDFC, ICICI etc). From what I gather, one has to go buy directly from individual fund managers. Is this correct understanding or is there anything I am missing here? HDFC Mutual Funds is thee only one I could get to work and make investments sitting in US. I am looking to diversify beyond HDFC funds. What are my options? Please advice.
Why picking indian mutual funds? you can pick international ETFs in US with exposure to Nifty and Sensex
But how deep would the exposure be? Not much I believe.
I believe you can look at the stock distribution
Get inda and epi
Icici demat account allows you to invest in any MFs, not sure about others
There are plenty like Groww, Angel One, etc.
both of them need an indian phone number which I dont have
Oh, so that's the actual problem.