home-icon Global Investing brought to you by
Centrum Wealth & Stockal

home-icon Global Investing brought to you by

Centrum Wealth & Stockal

Global Investing

  • Diversify your portfolio
    with over 5,500 international
    securities

  • Get access to global
    themes and innovator
    companies

  • Plan for a future overseas
    investment goal such as
    children’s education

  • Invest in USD and protect
    specific allocations from
    currency risk

  • Choose from either stocks or a
    range of thematic investment
    baskets

  • Seamless fund
    transfer process

  • Dedicated customer
    support

  • Cutting edge platform security
    levels

Benefits of Global Investing

  • investment-icon

    No Minimum Investment

    Unlike traditional investment platforms and products,
    there is no minimum investment requirement

    Start with an amount of your choice and build
    investments over time to suit your budget and goals

  • invest-icon

    Invest in Fractional Shares

    As part of our vision to make global investments
    seamless and inclusive, you can buy and sell
    fractions of shares and ETFs

  • support-icon

    Remittance Support

    Investing in overseas markets requires
    completing international fund transfers which
    may be complicated and expensive

    Support is on hand to help streamline the
    process and make international fund transfers
    seamlessly

  • bag-icon

    Thematic Investments

    Readymade customized portfolios built by experts

    Invest in contemporary themes from across
    the investment spectrum

    Access dedicated investment baskets of your choice, with ideas ranging
    from Hi-Tech innovator companies to cutting edge Healthcare firms to
    traditional Global consumption and US index stocks and market leaders

Introducing Stacks – Thematic investment baskets

What is a stack?

  • A stack is a packaged portfolio which is curated, expert-built and automatically managed

  • More than 10 stacks available (as per subscription plan chosen)

  • Offers a professional ‘portfolio’ approach with auto-rebalancing

  • Just chose a theme and invest in one click

  • user-icon Created By
    Industry Experts
  • invest-icon Tuned To
    Investor Needs
  • automated-icon Completely
    Automated
  • globalx
  • cosmon capital
  • glovista investments
  • ShiftAltCap

Access to a wide spectrum of themes

Snapshot of themes available via Stacks (10+ available as per plan chosen)
  • AIOT- Artificial intelligence,
    Internet of things portfolio
    apple-icon
    Apple Inc.
    alphbet
    Alphabet Inc.
    intel
    Intel Corporation
    cisco
    Cisco Systems Inc.
  • Value Investing portfolio
    abbvie
    AbbVie Inc.
    asml
    ASML Holding NY
    netflix
    Netflix Inc.
    pepsico
    PepsiCo Inc.
  • Disruptors portfolio
    spdr biotech
    SPDR S&R
    Biotech ETP
    Global X Fintech
    Global X Fintech ETF
    Global X MSCI
    Global X MSCI
    China Consumer
    Disctretionary ETF
    Global X Social Media
    Global X Social Media ETF
  • US Multi-cap supreme
    portfolio
    alphabet
    Alphabet inc.
    apple-icon
    Apple Inc.
    bed bath beyon inc
    Bed, Bath
    & Beyon Inc.
    amazon
    Amazon Inc.
  • Global Innvoation Portfolio
    vaneck
    VanEck
    Semiconductors ETF
    ark innovations
    ARK innovations ETF
    Ares Capital
    Ares Capital Corporation
    equinix
    equinix Inc.
  • healthcare Leaders portfolio
    abbot laboratories
    Abbott laboratories
    amgen
    Amgen Inc.
    edward Lifescience Corp
    Edward Lifescience
    Corp
    eli lilly
    Eli Lilly & Co.
  • ESG Leaders Portfolio
    tesla
    Tesla Inc.
    AO Smith Corp
    A. O. Smith Corp
    eco lab Inc
    Ecolab Inc.
    Solar Edge technologies Inc
    SolarEdge
    Technologies Inc.
  • S&P Champions
    IShares
    IShares Trust
    IShare S&P 500
    Value ETF...
    Select Sector
    The Select Sector SPDR Trust...
    PowerShare
    PowerShares Exch.
    Traded Fund Trust...
    IShare
    IShares Trust
    IShares North
    American Tech...

Our Offering

Online Decision Support Tools
  • Access To
    Charts

  • Analyst
    Ratings

  • Consensus
    Estimates

  • Financials

  • Research
    Reports

  • News Articles

FREQUENT Q&A

For personal assistance please dial

call-icon +91-22-42792110

Between 3-4 business days to open an account, remittance time lines as per client’s chosen bank

Centrum Wealth has a distribution agreement with Stockal for Global Investing services

Your investing account is created with the platforms U.S. brokerage partner DriveWealth. DriveWealth LLC, a member of the Securities Investor Protection Corporation (SIPC), will serve as the custodian for your securities account.


In the event that DriveWealth LLC fails and is placed in liquidation under the Securities Investor Protection Act, securities in your brokerage account may be protected up to USD 500,000. For details, please see www.sipc.org.

It is super-easy to fund your account and to get your money back from the overseas brokerage account.


Just a simple form to fill, with a single click to transact.

If you’re investing from India, under RBI’s Liberalized Remittance Scheme (LRS), then you are allowed to invest up to USD 250,000 every year at this stage, limits may change subject to RBI guidance.

Indian residents can send money overseas for purchase of shares and property, travel, education, medical care, care of relatives living abroad, gifts, and donations. Individuals are also permitted to open, maintain, and hold foreign currency accounts with overseas banks for carrying out transactions. One cannot remit money that comes from certain sources, such as winnings from gambling and lottery, dividends from certain companies, and interest payments from non-resident rupee bank accounts. Individuals also cannot remit money for any prohibited or illegal activities such as margin trading.

Investors should refer to their tax professional on this aspect. However as an overview and purely for illustrative purposes, the understanding on the subject is as follows.


Transaction data required for reporting purposes shall be available on the Centrum Wealth - Stockal investor log in page and be made available to investors on request as well.


There are two types of tax implications for such investments similar to the Long term/Short term tax regime on Indian equities.


Tax on investment gains:

This tax aspect becomes applicable when one sells an investment at a higher price than when bought. It is calculated as the sale price minus purchase price.

One attracts tax in India for this gain and this will not be taxed in the US. The amount of tax payable in India (as per tax cycle FY), depends on how long the investment is held


What qualifies as Long term

Thus, to fulfill the criterion for being classified as a long term capital asset, the period of holding of such investment should be more than 24 months. Thus if one holds the investment for longer than 24 months, the gain will be taxed at a long term capital gains tax rate of 20% (plus the applicable surcharges and cess).


What qualifies as Short term

When one holds the investment for less than 24 months, then such gains qualify as short-term capital gains and will be taxed as normal income (marginal rate of tax meaning as per tax slab) in India.


Dividend Tax:

Dividends shall be taxed in the US at a flat rate of 25%. This means that the company paying the dividend will deduct 25% by way of taxes before distributing the remaining 75% to the shareholder. Subsequently, this post tax dividend is included as taxable income in India (marginal rate of tax).


India and the US are parties to a Double Taxation Avoidance Agreement (DTAA), which allows taxpayers to offset income tax already paid in the US. The 25% tax one has already paid in the US is made available as Foreign Tax Credit and can be used to offset income tax payable in India.

Disclosure & Disclaimers

Investment in securities markets is subject to market risks, read all the related documents carefully before investing. There is no assurance or guarantee or returns.

All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Investors should consider their investment objectives and risks carefully before investing. Investors should be aware that while diversification may help spread risk it does not assure a profit, or protect against loss, in a volatile market. There is always the potential of losing capital when one invests in securities, or other financial products. Investors should be aware that system response, execution price, speed, liquidity, market data, and account access times are affected by many factors, including market volatility, size and type of order, market conditions, system performance, and other factors.

Centrum Wealth Ltd (“CWL”) makes no warranties or representations, express or implied, on products and services offered through the platform. It accepts no liability for any damages or losses, however, caused in connection with the use of related services.

All information placed on this website (“site”) is for informational purposes only and does not constitute as an offer to sell or buy a security. Further, any information on the website is not intended as investment advice in any form. Certain hyperlinks or referenced websites on the site, if any, are for convenience and forward one to third party websites, which generally may be recognized by their top-level or link domain name. Any descriptions of, references to, or links to other products, publications or services does not constitute an endorsement, authorization, sponsorship by or affiliation with CWL with respect to any linked site or its sponsor, unless expressly stated by CWL. Any such information, products or sites have not necessarily been reviewed by CWL and are provided or maintained by third parties over whom CWL exercises no control. CWL expressly disclaims any responsibility for the content, the accuracy of the information, and/or quality of products or services provided by or advertised on these third-party sites.

CWL may introduce the customer to the Stockal platform provider(Borderless Investing Inc. (“BI”)) post which customers will be directly sharing their details with the third-party stock broker referred by BI. CWL, in this context, is engaged as a distributor of financial products and services for a strategic distribution partnership with BI. Customers must check products and features before investing as the contours of the product may change from time to time. CWL is not liable for any loss or damage of any kind arising out of investments in these products. Investments in Equity, Currency, Futures and Options are subject to market risk. All logos and trademarks belong to their respective legal owners.

BI, the owner of the Stockal platform, has represented to CWL that it is neither a broker nor an investment adviser but is only a platform provider of Stockal that enables investments in a diverse set of global assets from a single account from anywhere in the world. Therefore, BI makes no warranties or representations, express or implied, on products and services offered through its platform nor does it accept any liability for any damages or losses that may be caused in connection with the use of related services.

Once customers have been referred, they are solely responsible for any and all orders placed by them, and understand that all orders are unsolicited and based on their own investment decisions. CWL and any of its employees, agents, principals, or representatives DO NOT provide recommendations of any security, transaction, or order; provide investment advice; produce or provide research to any user regarding any security, transaction, or order; handle funds or securities related to securities orders or effect the clearance or settlement of a user’s trades done through in US stock markets or in solution provided by BI. All processes including Know Your Customer (“KYC”) will be executed by the referred third party broker and BI directly with the customer and CWL will not incur any personal financial liability.

DriveWealth LLC, a member of the Securities Investor Protection Corporation (SIPC), will serve as the custodian for your securities account. In the event that DriveWealth LLC fails and is placed in liquidation under the Securities Investor Protection Act, securities in your brokerage account may be protected up to $500,000. For details, please see www.sipc.org.