Fall 2024 Scholarship: Get Up to $10K for Your Master's Abroad!
Invest smartly in US Markets with EduFund and fund your child’s dream education abroad.
FAANG in your portfolio
Own a piece of your favourite global companies like Facebook, Apple, Amazon, Netflix and Google.
Diversify your Portfolio
Top-performing Indian mutual funds as well as US ETFs – gather the best of both in your portfolio.
Fractional investing made simple
Buy fractions of top-performing shares and rejoice in the higher percentage of returns.
Why choose EduFund?
Get yourself ready to fund your child’s education abroad by investing in US markets with EduFund. The EduFund app is simple, transparent and hassle-free.
Power to choose
Choose from 1400 US ETFs or from 4000+ Indian Mutual Funds – all from your phone. Grow your wealth with a global portfolio.
Achieve global education dreams
Investing in US ETFs is helpful, especially if your child wants to study abroad. Earn returns in dollars.
Start within minutes
Thanks to EduFund, you can now invest across borders to create wealth. The process of signing up is as simple as it gets.
Zero Brokerage
EduFund charges you zero brokerage. Click here to know more about charges.
Yes, it is legal to invest abroad. As per the RBI’s Liberalized Remittance Scheme (LRS) guidelines, an Indian resident can remit up to USD $250,000 abroad on an annual basis, without requiring prior approvals from any government agency. The LRS specifies the countries that you can send money to or spend in and also the types of activities that are permitted. You can invest in shares/debt instruments within the mentioned limit.
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An exchange traded fund (ETF) is a collection of assets —such as stocks—that often tracks an underlying index, similar to an index mutual fund. However, ETFs can be traded on stock exchanges like stocks unlike MFs that only trade once in a day. ETFs may use various strategies and offer different options to investors, but the most popular ones are the ones that are built based on the composition of an index. E.g. – NIFTY50 and NASDAQ-100 Index-Tracking Stock.
The dollar has consistently shown good performance against various currencies, worldwide. Investing in dollars improves your chances of getting higher returns, over a 15-20 year period, compared to investing all your money in rupees. So, returns in dollars, will help you in sending your child to the best colleges, globally.
Yes, you can now diversify your portfolio with the EduFund app. You will be able to invest in US dollars into US Markets where your returns too would be in dollars.
You can fund your US brokerage account from your Indian bank account. We assist you in the entire process of setting up this account from start to finish, without any hassle. You can start investing abroad from the comfort of your home.
An Indian bank account is all you need. You don’t need an overseas bank account to invest in ETFs. In case of ETFs based in the US, you will need an account with a US broker dealer and we will help you set it up, easily.
No, you only pay tax in India, as per the government regulation on the instrument you are investing in. This is applicable to all your investments – Indian and foreign, unless you are an NRI residing outside the country. It is highly advisable to speak to your tax advisor too who would be aware of any specific tax clauses that maybe applicable to your specific circumstances.