Independent Research on Mutual Funds, Stocks & IPOs for Indian Investors

Every resident Indian who has tried to invest in global markets hits the same wall eventually. The Liberalised Remittance Scheme allows a maximum of USD 250,000 per financial year for all permissible capital account and current account transactions combined. For a serious long-term investor who wants meaningful international diversification, USD 250,000 is useful but often not enough, especially once travel, education, and other personal foreign currency uses are factored in.