HDFC securities Partners with Vested Finance to Offer Access to Global Investing for Indians and NRIs
02.08.2024 - 11:05:46
Business Wire India
Vested combines best-in-class security with an unmatched level of ease to give investors the ability to purchase fractional shares of blue chip stocks for as little as $1, while maintaining the highest level of safety since funds and securities held by qualified third-party custodians. Investors can enjoy full insurance coverage where SIPC covers up to $500,000 for securities and the FDIC $250,000 in cash comes under the umbrella. The extensive security features include state-of-the-art encryption and bank-level security on every kind of transaction, therefore putting investors at ease. As an SEC-registered Investment Adviser and FINRA Broker-Dealer, Vested adheres to stringent US regulations and complies with the RBI's Liberalized Remittance Scheme, allowing Indian residents to invest up to $250,000 annually.
This is one platform that empowers investors to diversify their portfolios internationally across stocks and ETFs. Affords users access to world-class exclusive theme-based options across the globe. One can seamlessly look into the biggest market - the United States, to be specific - which holds 50% of global market cap for diversified investment options. The platform offers various pricing packages, hence appealing to different investment requirements, and has very aggressive pricing plans. This enables one to pick any package that would best fit one's strategy and bring in flexibility and affordability.
HDFC securities, the leading stock broking company, and a wholly owned subsidiary of HDFC Bank, announced a strategic tie-up with Vested Finance, a popular US-based investment platform for democratising global investing for Indians and NRIs. Global Investing 2.0 will provide a leap to all investors wanting augmented protection, innovative features, and deep portfolio diversification.
As part of this broadening combination of services, HDFC securities seeks to provide its clients with greater investment opportunities and features—enhanced through the platform of Vested —that will, in turn, enrich their overall investment experience. A new Vested account with HDFC securities account can easily be opened and funded within minutes.
Commenting on the partnership, Mr. Dhiraj Relli, MD & CEO of HDFC securities said: "We are excited to forge this collaboration with Vested to bring unrivalled global investment opportunities to our clients.”
This initiative not just adds enhancement to HDFC securities’ product proposition but also coheres with their mission to offer a seamless and secure investment solution. With Global Investing 2.0, HDFC securities will empower the investors with the tools and access needed to diversify their investments and realize financial aspirations on a global scale through their Investright application.
Features of Global Investing 2.0:
As part of this broadening combination of services, HDFC securities seeks to provide its clients with greater investment opportunities and features—enhanced through the platform of Vested —that will, in turn, enrich their overall investment experience. A new Vested account with HDFC securities account can easily be opened and funded within minutes.
Commenting on the partnership, Mr. Dhiraj Relli, MD & CEO of HDFC securities said: "We are excited to forge this collaboration with Vested to bring unrivalled global investment opportunities to our clients.”
This initiative not just adds enhancement to HDFC securities’ product proposition but also coheres with their mission to offer a seamless and secure investment solution. With Global Investing 2.0, HDFC securities will empower the investors with the tools and access needed to diversify their investments and realize financial aspirations on a global scale through their Investright application.
Features of Global Investing 2.0:
- Simplified Fund Transfer with HDFC Bank: Transact USD funds with HDFC Bank seamlessly, which would set the ball rolling in making global investments.
- Informed Planning of Investment Baskets: Create Your Own US Baskets & Portfolios: Investors can set your rules of investment with tailor-made US investment baskets and portfolios with advanced research from HDFC securities.
- Recurring Investments (SIPs): Effortless Systematic Investment Plans to be a part of investors’ global portfolio.
- Extended Trading Hours: Benefit from the opportunities with market access even before and after the regular trading hours.
- Fundamental and Technical Analysis Tools — Leverage advanced tools in making investment decisions globally
Vested combines best-in-class security with an unmatched level of ease to give investors the ability to purchase fractional shares of blue chip stocks for as little as $1, while maintaining the highest level of safety since funds and securities held by qualified third-party custodians. Investors can enjoy full insurance coverage where SIPC covers up to $500,000 for securities and the FDIC $250,000 in cash comes under the umbrella. The extensive security features include state-of-the-art encryption and bank-level security on every kind of transaction, therefore putting investors at ease. As an SEC-registered Investment Adviser and FINRA Broker-Dealer, Vested adheres to stringent US regulations and complies with the RBI's Liberalized Remittance Scheme, allowing Indian residents to invest up to $250,000 annually.
This is one platform that empowers investors to diversify their portfolios internationally across stocks and ETFs. Affords users access to world-class exclusive theme-based options across the globe. One can seamlessly look into the biggest market - the United States, to be specific - which holds 50% of global market cap for diversified investment options. The platform offers various pricing packages, hence appealing to different investment requirements, and has very aggressive pricing plans. This enables one to pick any package that would best fit one's strategy and bring in flexibility and affordability.
About HDFC securities
A subsidiary of HDFC Bank, HDFC securities is a leading stock brokerage in India. With over 20 years of experience, the company serves more than 2 million retail and institutional investors through a suite of products and services. HDFC securities offers over 30 investment vehicles, spanning asset classes such as stocks, gold, real estate and debt instruments. The company offers investment and direct trading services through buying and selling of equities, along with currency derivatives, mutual funds, NCDs, fixed deposits, bonds, and more, to suit the diverse investment needs of Indians. With a robust understanding of the personal finance space in India, HDFC securities specializes in asset allocation, portfolio structuring and realignment, and goal-based investing for customer success.
About Vested Finance
Vested Finance is a US-based investment platform providing secure access to the US stock market for international investors. Registered with the SEC and FINRA, Vested Finance is committed to making global investing accessible and straightforward. VF Securities, INC is registered as broker dealer in United States with Finra.
A subsidiary of HDFC Bank, HDFC securities is a leading stock brokerage in India. With over 20 years of experience, the company serves more than 2 million retail and institutional investors through a suite of products and services. HDFC securities offers over 30 investment vehicles, spanning asset classes such as stocks, gold, real estate and debt instruments. The company offers investment and direct trading services through buying and selling of equities, along with currency derivatives, mutual funds, NCDs, fixed deposits, bonds, and more, to suit the diverse investment needs of Indians. With a robust understanding of the personal finance space in India, HDFC securities specializes in asset allocation, portfolio structuring and realignment, and goal-based investing for customer success.
About Vested Finance
Vested Finance is a US-based investment platform providing secure access to the US stock market for international investors. Registered with the SEC and FINRA, Vested Finance is committed to making global investing accessible and straightforward. VF Securities, INC is registered as broker dealer in United States with Finra.