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How To Buy Amazon Shares In India Using Cube Wealth?

This blog will tell you how to use Cube Wealth to invest in Amazon shares in India directly or invest in International Mutual Funds that have Amazon in their portfolio.
February 19, 2021

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Amazon Inc. is one of the most popular success stories of the internet era. Since the launch of Amazon’s IPO in May 1997, the AMZN stock has gained 99.9% in value. 

If an Indian investor bought 10,000 AMZN shares back in 1997 for $1730 (₹62,280), the value of their AMZN stock investment would be worth ₹2,41,29,667 in February 2021. 

But back then, an app like Cube Wealth wasn’t around to make US investments simple and accessible to all Indian investors. In this blog, we’ll tell you how you can buy AMZN shares conveniently using Cube.

Amazon Stock (AMZN) Information At A Glance

Parameter

Value

Company Name

Amazon.com, Inc.

Ticker

AMZN

Current Value

$3,328.23 (₹2,41,296.675)

52-Week High

$3,552.25 (₹2,57,538.125)

52-Week Low

$1,626.03 (₹1,17,887.175)

Market Cap

1.68 Trillion

P/E Ratio

79.57

Beta

1.14


Note: All facts & figures mentioned above are accurate as of 19-02-2021 and have been taken from publicly available sources. 

How To Buy Amazon Shares In India In 5 Easy Steps?

Here’s how you can buy Amazon shares (AMZN) on the Cube Wealth app in 5 easy steps:

1. Download the Cube Wealth app

2. Complete your KYC

3. Select DIY or Advisory

4. Tap on ‘Invest’

5. Transfer Money to your US Brokerage Account (Cube creates one for you via DriveWealth)
6. Buy & Sell Amazon shares whenever you want

The current price of 1 AMZN share is $3,328.23. However, Cube Wealth lets you invest in fractional shares by investing as little as $1 in US stocks of companies like Amazon, Apple, Google, Tesla, Facebook, etc. 

This means that you can buy fractional shares of US companies from the comfort of your home. Furthermore, Cube Wealth is the first wealth creation platform to bring US advisory to India with RIA, Rick Holbrook. 

Watch this video to know how US stock advice works on the Cube Wealth app


How To Invest In Amazon Shares From India With International Mutual Funds?

Direct equity may not be every investor’s cup of tea. But that does not mean Indian investors can’t grab a slice of the profits generated by Amazon Inc. 

Meet ‘International Funds’. These funds fall under the equity mutual funds category and invest in the stocks of foreign companies from countries like the US, China, Japan, etc. 

These funds may buy stocks of high growth companies like Amazon, Tesla, Microsoft, etc. Cube Wealth gives you access to international mutual funds with advice from Wealth First, Cube’s advisory partner. 

Wealth First curates a list of the best mutual funds that Cube users can invest in every month. And one of these handpicked international funds currently includes the ‘Motilal Oswal S&P 500 Index Fund’.

Motilal Oswal S&P 500 Index Fund invests in Amazon shares which represent approximately 4% of the fund’s portfolio. Here’s a snapshot of the fund’s partial portfolio (subject to change):

Ticker

Share Name

Portfolio Percentage

AAPL

Apple Inc

6%

MSFT

Microsoft Corporation

5%

VOO

Vanguard S&P 500 ETF

4%

AMZN

Amazon Inc

4%


Note: All facts & figures mentioned above are accurate as of 19-02-2021 and have been taken from publicly available sources. 

Download the Cube Wealth app to invest in the best international mutual funds with expert advice from Wealth First.  

Summary

The Cube Wealth app is the most convenient way to buy Amazon shares in India. Cube Wealth helps you invest in Amazon shares directly either by yourself or with advice from RIA, Rick Holbrook.

Else, you can even reap the benefits of the Amazon stock by investing in the Motilal Oswal S&P 500 Index Fund that Cube Wealth gives you access to. 

Download the Cube Wealth app or consult a Cube Wealth Coach today to get started. 

Watch this video to know why you should invest using Cube Wealth



Shriram Shekhar
Shriram is a Consultant at CubeWealth. He has developed cutting edge IT products for over 2 years before turning to his passion for the written word. His love for philosophy, developing products, and empowering people through quality content is what got him to CubeWealth.

Top 4 Reasons To Try Our Powerful Investment App!

Schedule a call based on your convenience. And get an expert to help you invest.

  • High Quality Mutual Funds
  • Top Notch Stock Advisory
  • Invest in U.S. Stocks
  • Alternative Investments
  • Low Minimum Investments
Try Cube’s Exclusive Wealth Concierge Service! We offer a 10-minute portfolio analysis and set up service to select users.

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