Last Updated on Nov 9, 2026 by Durga Mishra
A decade ago, Nvidia was best known for its graphics cards used in gaming PCs. Fast forward to today, it is at the centre of the AI ecosystem, powering everything from generative AI models to cloud computing and data centres, and its market cap reached $4.87 tn (as of 5th November 2026).
To put its stock performance into perspective, ₹1 lakh invested in Nvidia shares on 5 November 2021 would have been worth approximately ₹8.5 lakh by 4 November 2026. Beyond stock price appreciation, Indian investors would also have benefited from the rupee’s depreciation against the US dollar.
Nvidia’s remarkable rise has caught the attention of investors worldwide, including those in India. But how can Indian residents invest in Nvidia shares? This blog covers everything you need to know, from the investment process and tax rules to associated risks and factors to consider before investing.
Table of Contents
About Nvidia
Nvidia was founded in 1993 by Jensen Huang, Chris Malachowsky and Curtis Priem. It began by making graphics chips for video games and later expanded into artificial intelligence (AI), data centres and advanced computing.
Its graphics processing units (GPUs) can handle many calculations at once. This makes them useful for creating realistic game graphics, training AI models and processing large amounts of data.
Nvidia is listed on Nasdaq under the ticker NVDA. Its products serve four main markets:
- Gaming: GeForce GPUs that power graphics in gaming PCs and laptops.
- Data centres and AI: Chips, networking equipment and software used to run AI applications and cloud computing services.
- Professional visualisation: Graphics technology used by designers, engineers and media professionals to create models, simulations and visual content.
- Automotive: Hardware and software that support driver assistance systems and autonomous driving.
Growing demand for AI computing has increased investor interest in Nvidia. However, its future performance also depends on competition, customer spending and demand for its products. The stock’s valuation matters too, as its price may already reflect expectations of strong growth.
Can Indians buy Nvidia Shares Directly?
Yes, resident individuals can invest in overseas shares under the RBI’s Liberalised Remittance Scheme (LRS), subject to applicable rules. The $250,000 limit per financial year covers all permitted LRS transactions combined, from April to March. It is not a separate allowance for each stock or account.
Investors can gain exposure to Nvidia either by owning its shares or through a fund that holds the company:
- Direct ownership: Buy Nvidia shares or fractions through a US investing account. The holding follows Nvidia’s share price, while its rupee value also depends on exchange rates. You control the investment amount and timing, subject to trading rules.
- Indirect exposure: Buy units of a global fund or ETF holding Nvidia. The fund determines the allocation, and returns reflect its entire portfolio after expenses. Fund ownership does not provide a separately controlled Nvidia holding.
How to Invest in Nvidia from India: Step-by-Step
You can buy Nvidia shares through a US investing account on Tickertape. Here’s a step-by-step guide to invest in US stocks:
- Step 1:Log in to Tickertape, go to US Stocks and select “Get Started” to set up your account.
- Step 2: Verify your identity through DigiLocker or upload the required documents manually. Keep your PAN and identity documents ready.
- Step 3: Connect a supported Indian bank account to transfer funds under the RBI’s Liberalised Remittance Scheme (LRS).
- Step 4: Initiate a transfer from your linked bank account. Funds may take up to seven business days to reflect, depending on your bank.
- Step 5: Search for Nvidia (NVDA), review its financials and choose your investment amount. Fractional investing starts at $1. Check the order details and applicable charges before confirming.
Disclaimer: Account requirements, processing times and charges may change. This is a process guide, not a recommendation to invest in Nvidia.
Charges for Investing in Nvidia Shares
| Charge | What it covers |
| Account opening | Any one-time account setup fee. |
| Account maintenance | Ongoing account or platform charges. |
| Withdrawal fee | Charges for transferring money back to your bank. |
| Deposits and conversion | Funding fees and the markup on currency exchange. |
| Brokerage | Charges on executed trades, including applicable minimums or caps. |
| Regulatory fees | Transaction levies that may differ between buying and selling. |
| GST | Tax on applicable services and charges. |
LRS limits and TCS on overseas transfers
The LRS limit determines how much you can remit abroad in a financial year. Tax Collected at Source (TCS) affects the cash required when making that transfer; it is separate from brokerage and tax on US stock investment returns.
For investment remittances, TCS on foreign remittance rules generally applies at 20% on the amount above the ₹10 lakh annual LRS threshold. Earlier LRS remittances in the same financial year count towards this threshold.
For example, if you remit ₹12 lakh for investment and have made no earlier LRS remittances that year, TCS would be ₹40,000: 20% of the ₹2 lakh above the threshold.
TCS can be adjusted against your final income tax liability. Any excess may be claimed as a refund through your income tax return, subject to the applicable rules.
Taxes on Nvidia shares for Indian investors
The following is a general overview. Your tax residency and circumstances determine the treatment that applies.
Capital gains
For an Indian resident holding foreign shares as investments, gains on shares held for up to 24 months are generally short-term and taxed at the applicable slab rate. Shares held for more than 24 months generally qualify for long-term treatment, with gains taxed at 12.5% without indexation. Applicable surcharge and cess are additional.
| Holding period | General Indian tax treatment |
| 24 months or less | Short-term gains taxed at the applicable slab rate |
| More than 24 months | Long-term gains taxed at 12.5%, without indexation |
Dividends
US dividends are generally subject to a 30% withholding tax, which may fall to 25% under the India–US tax treaty for eligible investors with a valid Form W-8BEN. Dividend income is also taxable in India at the applicable slab rate. Eligible investors can claim a foreign tax credit for US tax withheld, subject to the prescribed conditions.
Reporting foreign holdings and income
Residents who are ordinarily resident in India generally need to report foreign holdings in Schedule FA, including fractional shares, even if no shares were sold. Foreign income and tax credits also require the relevant disclosures. ITR-1 and ITR-4 do not include Schedule FA; the appropriate return is generally ITR-2 or ITR-3. Form 67 is used to claim a foreign tax credit. Reporting obligations differ by residential status.
Factors to Consider Before Buying Nvidia Shares
Revenue Growth and its Sources
Review revenue growth across business areas, particularly Data Centre. Compare recent results with earlier periods and management’s outlook to understand whether growth is broadening or relying on a narrow set of customers and products.
RBI’s LRS Rules
Indian residents can invest up to $250,000 overseas per financial year under the Liberalised Remittance Scheme (LRS), subject to applicable rules.
Currency Risk
Your returns depend on both Nvidia’s share price and the USD/INR exchange rate. A weaker rupee can increase returns in rupee terms, while a stronger rupee can reduce them.
Margins and Cash Generation
Revenue growth is more useful when viewed alongside profitability. Gross and operating margins show how much revenue remains after different costs, while operating cash flow helps assess how earnings translate into cash.
Valuation and Expectations
It is important to assess the price-to-earnings (PE) ratio alongside earnings growth, business risks and comparable companies. A high PE can reflect strong growth expectations, but it also leaves the stock exposed if those expectations are not met. A low PE alone does not establish value.
Risks to consider before investing in Nvidia
Demand and Competition
Nvidia depends on customers continuing to invest in computing infrastructure. Slower spending, competing chips or customers developing their own alternatives could affect demand and margins. Product transitions can also change the timing of orders and revenue.
Export Restrictions
Restrictions on advanced chip exports can limit the products Nvidia sells in certain markets and affect its revenue opportunities. Changes in these rules can also influence investor expectations.
Price Volatility and Portfolio Concentration
Earnings announcements, industry developments and changes in market sentiment can cause sharp price movements. Holding a large portion of a portfolio in Nvidia increases exposure to a single company.
Currency Risk
Returns in rupees depend on both Nvidia’s share price and the USD/INR exchange rate. A stronger rupee can reduce the INR value of your holding, even when the share price rises in dollars.
Conclusion
Nvidia’s journey from a graphics chip manufacturer to a major player in the AI industry highlights how technological shifts can transform businesses and create new investment opportunities. For Indian investors, it also offers a way to gain exposure to the global semiconductor and AI markets.
Investing in Nvidia shares from India is now more accessible through platforms such as Tickertape. You can explore Nvidia’s stock performance, track its financials and valuation, and research the company before deciding whether to invest.
Frequently Asked Questions
1. Can I buy Nvidia stock in India?
Yes, Indian residents can invest in Nvidia through a US stock investment platform. Nvidia is listed on the NASDAQ under the ticker NVDA and is not listed on the NSE or BSE. Investments are subject to the RBI’s Liberalised Remittance Scheme (LRS), which allows resident individuals to remit up to $250,000 per financial year.
2. How to buy Nvidia stock in India with a small amount?
You can buy a small amount of Nvidia through fractional shares on Tickertape, starting from as little as $1 instead of paying for a full share. Purchases run through a US investment account under the Liberalised Remittance Scheme (LRS), and brokerage and deposit charges still apply.
3. Is there a minimum investment for Nvidia shares?
There is no fixed minimum investment across all platforms. Some platforms support fractional investing from as little as $1, while others may require you to purchase a full share. Brokerage, currency conversion and deposit charges may also apply.
4. How much tax do I pay on Nvidia shares in India?
For shares acquired on or after 23 July 2024, gains from selling Nvidia shares held for less than 24 months are generally taxed at your applicable income tax slab rate. Gains on shares held for 24 months or longer are taxed at 12.5%, excluding applicable surcharge and cess. TCS may also apply to LRS remittances exceeding ₹10 lakh in a financial year.
5. Do I have to pay tax on Nvidia dividends?
Yes, US dividends are generally subject to withholding tax, which may be reduced under the India-US tax treaty by submitting Form W-8BEN. Dividends are also taxable in India at your applicable slab rate. You may claim a foreign tax credit, subject to applicable conditions and filing requirements.
6. How long does it take to start investing in Nvidia from India?
Account opening and KYC may take anywhere from a few minutes to a few business days, depending on the platform. International fund transfers can take additional time, depending on the bank and payment method.
7. Do I need to report Nvidia shares in my income tax return?
Yes, resident Indians holding foreign shares generally need to disclose their foreign assets in Schedule FA of their income tax return. Depending on their income and reporting requirements, they may need to file ITR-2 or ITR-3 rather than ITR-1 or ITR-4.
Disclaimer: This blog is for education only and is not investment, tax or legal advice. Investing in US stocks involves risk, including loss of capital and currency risk, and past performance does not indicate future returns. Fees, rates and rules can change, so verify them before acting.
