US stock investment: As action fades on D-Street, Indian investors pour money in US stocks


New Delhi: In the last few months, Indian investors have started to pour more money in US Stocks, thanks to easy access to the overseas market, led by technological, regulatory, and compliance advances.

Domestic equity benchmark indices have gained merely 6 per cent during the June 2021 quarter as the second wave of Covid-19 jittered investors sentiments.

According to data from Winvesta, a global trading platform, the average account size has grown from $2,000 in the previous year to $4,700 in the June 2021 quarter. The average transaction size on the platform is $850, while the median size is far lower at $120.

Despite the gain in share of female investors, the gender parity is still far away as 90 per cent of the investors on the platform are men. However, the number of women investors have moved to 10 per cent from 6 per cent in the preceding quarter.

Interestingly, the risk appetite of women investors is apparently higher. The starting capital in the women’s investment account is 60 per cent higher than their male counterparts, the data suggests.

Among other demographics, three out of five investors on the platform are between 25-40 years of age. However, investors in the 18-25 year bracket now constitute more than 10 per cent of the user base.

Residents from metro cities like Bengaluru, Mumbai and Delhi are key investors in overseas markets. However, smaller cities like Ahmedabad, Ernakulam and Kanpur are gaining momentum too, with more investors pouring money in US Stocks.

The fancy for megacaps like FAANG (Facebook, Amazon, Apple, Netflix and Google) and Tesla has lost its steam as they accounted for only 17 per cent of the total stock investment from Winvesta in the recent June quarter.

During the April-June 2021, investors bestowed their love on meme stocks like GameStop Corp, AMC Entertainment, Palantir Technologies, Coinbase Global Technology. EV and blockchain sectors were the most popular sectors by transaction volume.



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