Netflix Watch Party stock can be purchased directly or through ETFs and mutual funds from India.
Every now and again, a firm emerges and completely transforms an industry or the way people consume a product or service. Netflix Inc. (NLFX) has altered the way we consume video on television and pretty much any other device, much like Amazon changed the way we shop for our everyday needs. It had a first-mover advantage in the streaming sector because it saw early on how the internet will change how people consume video content.
There are a number of reasons why Netflix is the most popular streaming service. Netflix offers a superior recommendation algorithm that advises what content to watch based on popular shows, general viewer interest, and specific shows that the user has previously enjoyed. Netflix puts these algorithms to the test with its consumers and makes improvements as needed. Furthermore, analysing such data allows Netflix to better identify the types of material that consumers are most likely to watch.
Let’s look at how to buy Netflix shares from India. Here are three possibilities.
Invest directly in Netflix stocks.
You can invest in Netflix from India by opening a US brokerage account through a technology platform like Vested or a foreign brokerage with a direct presence in India. Our goal at Vested is to make it simple for you to invest in US companies. You do not have to pay any brokerage fees to invest. Vested’s process is 100% paperless and takes only a few minutes to complete. Your PAN number, an image of your PAN card, and proof of address are all you need.
You must send funds to the United States in order to invest in US stocks such as Netflix. You can do this as an Indian resident under the RBI’s Liberalized Remittance Scheme, which allows you to send up to $250,000 per person per year.
Netflix’s stock price was $525.69 on January 14, 2022, almost 40,000 dollars. However, the hefty price should not prevent you from investing in Netflix shares because Vested allows you to invest in fractional shares. So, for as little as $1, you can buy a portion of a Netflix share and own a piece of the corporation. Watch this video to learn more about fractional investing.
Another option for investing in Netflix stocks from India is to purchase ETFs that invest in US indexes such as the Nasdaq 100. Netflix is one of the holdings of the Motilal Oswal Nasdaq 100 ETF in India. You can also put your money into a fund of funds, such as Mirae Asset NYSE FANG+ ETF Fund of Fund, which features Netflix as one of its ten holdings. Remember that you don’t need to open a new US brokerage account to invest in these ETFs. However, monitoring faults in these ETFs may have an influence on your results (we explain this in a video here).
Invest in Indian mutual funds that have Netflix stock exposure.
You will be investing in funds of funds in this case, which is a local mutual fund that invests in a mutual fund available in the United States. Because the investment would be made in Indian rupees, there is no investment restriction. Netflix is covered by mutual funds like Edelweiss’ US Technology Fund of Fund, but only to a limited extent. Furthermore, this strategy may prove to be more costly. An annual expense ratio will be required of you (fees charged to manage the fund).