Vested has added an option to buy US mutual funds. I randomly checked few and all of them were very high commission based products.
I couldn’t find index funds under those mutual funds. Is there any plan to add low commission index funds too?
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Update???
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Index funds are part of US stocks. Yes mutual funds listed here have high fees. Better to go for index funds like QQQ or SnP500 based
Hope you had a great weekend. Appreciate the patience on this thread.
Our Global Fund offering currently has UCITs which are Active Funds - looking for global opportunities, themes and global standards. That being said, we are consistently looking out for adding more funds to the existing set of funds.
On your request for Index Funds - we are exploring that option with our fund partners but since these are UCITs, domiciled in Europe, the expense ratios are in the expected range. It might seem a little expensive from the Indian Fund into perspective but with USD/INR appreciation and global exposure, we feel those are under the expected range.
If there are any funds - specific funds/ISIN that you are aware and feel should be there on the platform, please feel free to share and we would love to check the availability and eligibility to add those on the platform. Thank you.
Regards,
Samveg
Examples like
- Vanguard S&P 500 Index UCIT Fund,
- Invesco Nasdaq 100 UCIT Fund,
They are Domiciled in Ireland.