Future-ready stocks: These businesses don't trade on Indian exchanges—here's what investors are missing — SkimNews
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- DSP Gift City published a report titled 'The Other 97%' arguing Indian investors who limit themselves to domestic equities miss major global businesses they interact with daily, from Instagram and Amazon Fresh to Google Maps.
- India accounts for roughly 3% of global stock markets, while the US represents nearly 64% of the MSCI All Country World Index — meaning a domestic-only portfolio captures just a "thin orange sliver."
- The report cites Nvidia, AMD, TSMC and Samsung as semiconductor and AI hardware exposures unavailable at scale on Indian exchanges, alongside Microsoft, Alphabet and Amazon as global tech platforms with no direct Indian listed equivalents; BYD, Novo Nordisk, Hermes, Visa and Mastercard are also listed.
- In 2025, Korean equities delivered about 100% returns in US-dollar terms compared with roughly 3% for Indian equities, with the report noting "the biggest market and the best-performing one are rarely the same."
- A four-year US degree already costs about ₹1.76 crore today, and the rupee has historically depreciated 3-4% annually against the dollar — making overseas assets a natural currency hedge for future dollar-denominated expenses like education, foreign property, and overseas retirement.
- Indian residents can remit up to $250,000 per financial year under the Liberalised Remittance Scheme (LRS), with GIFT City positioned as a regulated domestic gateway to global markets — "LRS is the highway while GIFT City is the vehicle."
Why it matters: An India-only portfolio captures roughly 3% of the MSCI All Country World Index while forgoing direct exposure to Nvidia, AMD, TSMC, Microsoft, Alphabet and Amazon — businesses Indian consumers already depend on. With the rupee depreciating 3-4% annually and a US degree already costing ₹1.76 crore, the LRS route through GIFT City gives investors a concrete mechanism to diversify globally, yet domestic-equity concentration remains the norm.
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