Mumbai: NSE's global investment platform is expanding its access to European markets for Indian investors through its GIFT City-based entity, offering more than 11,500 securities, including over 8,200 UCITS exchange-traded funds (ETFs) across seven European countries.
NSEIX Global Access IFSC Limited (NSEIXGA), India's first entity registered as a Global Access Provider under the regulatory framework of the International Financial Services Centres Authority (IFSCA), announced the expansion on 12 November.
The expanded offering covers seven European markets, including France, Germany, Ireland, Italy, the Netherlands, Switzerland and the United Kingdom.
With this addition, investors will be able to access a wider range of international investment products beyond the platform's existing offering in the US markets.
The expanded investment universe comprises more than 11,500 securities, including over 8,200 UCITS ETFs.
The company said the expansion aims to cater to the growing interest in international investing by providing access to a wider range of global investment opportunities through a single integrated account.
A key feature of the expanded offering is access to UCITS ETFs, which combine the benefits of exchange-traded investment products with the established European regulatory framework.
These ETFs provide exposure to global indices, markets, sectors, themes and asset classes, offering investors an alternative to investing in individual securities.
The company also highlighted the tax advantages offered by UCITS ETF structures, which could make them an option for investors seeking globally diversified investments.
Through access to multiple European markets, NSEIXGA aims to bring international investment opportunities together under a single integrated account, enabling investors to access different markets and investment products within the applicable regulatory framework.
The company said the expansion marks a step towards broadening its global market reach and product offerings.
The platform is designed to provide investors with access to international markets through a single account, offering greater investment choice, diversification and convenience.
NSEIX Global Access IFSC Limited is a wholly owned subsidiary of NSE International Exchange and is the first Indian entity registered as a Global Access Provider under IFSCA's regulatory framework.