Wealth-Tech Startup Winvesta Offers 3000+ US Stocks, ETFs and Bonds to Indian Investors

Wealth Management
04.11.2020 12:12 pm

Overseas investments are fast gaining pace in India with increasing number of investors, especially millennial, exploring investments into US markets for portfolio diversification. In its bid to provide the Indian investors with better access to global markets, UK headquartered leading new-age wealth-tech platform, Winvesta, now enables investments in over 3000 US Stocks, ETFs and Bonds through its platform. The new additions include 900 ETFs that serve as pre-constructed portfolios for investors.

For the first-time ever, Indian investors can now take exposure in over 3000 popular US stocks and ETFs such as Apple, Google, SPDR S&P 500 ETF, and Vanguard Bond ETF, with no upfront costs, annual maintenance fee, or commissions.

Top 5 US Stocks on Winvesta:

Sr. No.	Stock	1 year return	3 year return	5 year return
1	TSLA	530%	592.4%	812.2%
2	AAPL	71.5%	156.4%	264.8%
3	BRK.B	-5.2%	10.3%	51.6%
4	AMZN	68.9%	174.2%	362.3%
5	MSFT	42.9%	145.3%	290.7%

Source: Winvesta, Yahoo Finance. Returns are in USD.

Top 5 ETFs on Winvesta:

Sr. No.	ETF	1 year return	3 year return	5 year return
1	QQQ	37.3%	79.2%	139.3%
2	SPY	9.3%	30.0%	60.0%
3	VTI	1.9%	29.5%	59.5%
4	GLD	25.9%	48.3%	71.90%
5	BND	4.2%	7.0%	8.2%

Source: Winvesta, Yahoo Finance. Returns are in USD.

Winvesta’s Co-founder, Prateek Jain said: "The new set of stocks and ETFs have been made available to our investors under the same Free Plan which is available for all our existing customers. This addition makes Winvesta the first and only platform in India where our clients can create a diverse international portfolio without paying any upfront platform costs or even individual brokerage costs."

The US stock market is the world's largest and most liquid stock market. In the last decade, the US markets outperformed their Indian counterparts by over 200% in Rupee terms. Till recently, access to US markets had been complicated and expensive. Winvesta has changed that with its FCA regulated platform that is democratizing overseas investing. It is the only registered international broker that has purpose-built a platform for Indian clients with its partner DriveWealth, LLC a FINRA registered broker-dealer.

Winvesta’s Founder & CEO, Swastik Nigam, said: “Winvesta has kept the clients at the centre of building the platform. Thus, we have chosen a very clear framework to provide our clients the platform they deserve. We recognize a need for a simple and affordable solution that provides Indian investors with the flexibility to diversify their investment portfolio securely. Winvesta is establishing itself as a complete solution for overseas investing."

The new additions of stocks, ETFs and bonds are over 20X more than the earlier available pool of investment options on Winvesta. The company is extremely bullish on India and envisages to take several steps in order to democratise overseas investing in the country.