India Investment Options in US (Part2)

This is Part 2 of a multipart series that explores options to invest in India if you are in US. If you would like to read Part 1, click here.
Another option to invest in India if you are in the US, is through American Depository Receipts (ADRs) of Indian companies. These ADRs trade on the Nasdaq and NYSE just like the shares of any other regular American company. Each ADR may constitute one or more shares of the underlying company stock. To check out Indian ADRs trading on US stock exchanges for any country, you can follow the following steps:


1.Go to http://www.adr.com/
2.Click on the "ADR Universe" menu on top.
3.In the search page that opens up, change the country drop-down to your "India"(leave other drop-downs unchanged)
4.Click Submit and see the results. Although the search returns a whole bunch of names, only those companies that have a 3-letter ticker trade in the US.

Some of the popular Indian ADRs include Infosys (Nasdaq: INFY), Wipro (NYSE: WIT), ICICI (NYSE: IBN), HDFC (NYSE: HDB), Dr. Reddy's (NYSE: RDY). Before investing, do remember to do your own thorough research, especially since ADRs come with their own risks like currency flunctuations, trading at a premium to the underlying stock, foreign market flunctuations etc.