Investing in India

HER

Im thinking of investing in some shares in India as I think theres some money to be made over there. Wish I did it 5 years ago

I am of indian origin and have family out there.

Was wondering if anyone out there knew how I could invest over there. i.e because im an english national is it possible to invest over there?

Are there any fees that need to be paid?

Any other hints, tips and information about india and investing in there sensex would be very usefull indeed.

Thank you to anyone out there that can help....

wombat42_2

HER wrote: »

Im thinking of investing in some shares in India as I think theres some money to be made over there. Wish I did it 5 years ago

I am of indian origin and have family out there.

Was wondering if anyone out there knew how I could invest over there. i.e because im an english national is it possible to invest over there?

Are there any fees that need to be paid?

Any other hints, tips and information about india and investing in there sensex would be very usefull indeed.

Thank you to anyone out there that can help....

There are various UK unit trusts investing in India such as Jupiter India.

HER

Thanks ill look into that.

wombat42_2

HER wrote: »

Thanks ill look into that.

The same question was asked about investing directly in Japanese or Hong Kong shares directly in another thread. Apparently you can do that using 1 or 2 UK companies as brokers but it is high risk buying individual foreign shares. Unit trusts are a basket of shares and lower risk.

Incidentaly the India stock market has just hit a record high so doing quite nicely.

http://www.thisismoney.co.uk/investing/article.html?in_article_id=425756&in_page_id=166

ukdutypaid

Worth looking at ICICI, branches in the UK also...
I've always been amused, if that's the right word by their special gold buying account... You can buy in 2g amounts I think... Quite where and if they physically keep the gold though I don't know.
Obviously they send you a certificate, rather than gold itself, through the post, in little envelopes... hahah

HER

Im interested in the ICICI bank and possibly mutual funds. Thanks

purch

Obviously the send you a certificate

...........maybe it's made of Gold Leaf

gt94sss2

Have a look at ICICI or HSBC - really any Indian bank with a office in the UK should be able to help you invest directly in Indian shares or mutual funds (as opposed to buying Indian funds based in the UK.

Regards
Sunil