{"id":89339,"date":"2026-10-06T08:46:41","date_gmt":"2026-10-06T08:46:41","guid":{"rendered":"https:\/\/mudrex.com\/learn\/?p=89339"},"modified":"2026-10-06T09:36:53","modified_gmt":"2026-10-06T09:36:53","slug":"amd-stock-three-ways-to-buy-in-india","status":"publish","type":"post","link":"https:\/\/mudrex.com\/learn\/amd-stock-three-ways-to-buy-in-india\/","title":{"rendered":"AMD (AMD) Stock: Tokenized Spot vs LRS vs GIFT City"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">There are three main ways for a resident Indian to invest in AMD, and in 2026 one of them has split in two. Tokenized spot gives you a token backed by an AMD share. An LRS broker gives you the share itself. GIFT City now offers both depository receipts and, since early 2026, direct access to US-listed stocks through IFSCA-regulated platforms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The rules around these routes have also shifted. Budget 2026 changed TCS rates from 1 April 2026, and the Income-tax Act, 2025 replaced the 1961 Act on the same date. This comparison reflects the rules as they stand in September 2026. For background on the company, start with our <a href=\"https:\/\/mudrex.com\/learn\/what-is-amd-stock-complete-guide\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/mudrex.com\/learn\/what-is-amd-stock-complete-guide\/\" rel=\"noreferrer noopener\">complete guide to AMD (AMD) stock.<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Routes at a Glance<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><\/td><td><strong>Tokenized spot (Mudrex)<\/strong><\/td><td><strong>LRS broker<\/strong><\/td><td><strong>GIFT City: NSE IFSC Receipts<\/strong><\/td><td><strong>GIFT City: Global Access<\/strong><\/td><\/tr><tr><td>What you hold<\/td><td>AMDB token, backed 1:1<\/td><td>The actual share<\/td><td>Depository receipt<\/td><td>US share, recorded in GIFT City books<\/td><\/tr><tr><td>Legal ownership<\/td><td>No<\/td><td>Yes<\/td><td>Beneficial interest via custodian<\/td><td>Yes, through the platform<\/td><\/tr><tr><td>Minimum<\/td><td>\u20b9100<\/td><td>Depends on broker<\/td><td>A fraction of a share<\/td><td>Fractional<\/td><\/tr><tr><td>Pay in<\/td><td>INR<\/td><td>USD<\/td><td>USD<\/td><td>INR, converted to USD<\/td><\/tr><tr><td>Funded through<\/td><td>INR deposit<\/td><td>LRS remittance<\/td><td>LRS remittance<\/td><td>LRS remittance<\/td><\/tr><tr><td>Regulator<\/td><td>FIU-IND registration for the platform<\/td><td>US regulator for the broker<\/td><td>IFSCA<\/td><td>IFSCA<\/td><\/tr><tr><td>Trading hours<\/td><td>Around the clock<\/td><td>US market hours<\/td><td>US market hours<\/td><td>US market hours<\/td><\/tr><tr><td>TCS above \u20b910 lakh a year<\/td><td>Not applicable<\/td><td>20% on the excess<\/td><td>20% on the excess<\/td><td>20% on the excess<\/td><\/tr><tr><td>Tax on gains<\/td><td>30% flat plus 1% TDS<\/td><td>12.5% after 24 months, slab rate before<\/td><td>Generally foreign equity rules<\/td><td>Generally foreign equity rules<\/td><\/tr><tr><td>AMD available?<\/td><td>Yes, as AMDB<\/td><td>Yes<\/td><td>Check the current list<\/td><td>Yes, US-listed stocks<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>GIFT City tax treatment should be confirmed with a chartered accountant for your situation.<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/mudrex.com\/learn\/wp-content\/uploads\/2026\/10\/infographic-a3a-amd-money-flow-1024x576.png\" alt=\"AMD\" class=\"wp-image-89342\" title=\"\" srcset=\"https:\/\/mudrex.com\/learn\/wp-content\/uploads\/2026\/10\/infographic-a3a-amd-money-flow-1024x576.png 1024w, https:\/\/mudrex.com\/learn\/wp-content\/uploads\/2026\/10\/infographic-a3a-amd-money-flow-300x169.png 300w, https:\/\/mudrex.com\/learn\/wp-content\/uploads\/2026\/10\/infographic-a3a-amd-money-flow-768x432.png 768w, https:\/\/mudrex.com\/learn\/wp-content\/uploads\/2026\/10\/infographic-a3a-amd-money-flow-150x84.png 150w, https:\/\/mudrex.com\/learn\/wp-content\/uploads\/2026\/10\/infographic-a3a-amd-money-flow.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What Changed for LRS and GIFT City in 2026<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you read a guide from 2025, three updates matter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>TCS rates were rationalised, but not for investments.<\/strong> From 1 April 2026, Budget 2026 cut TCS to 2% for self-funded education and medical remittances above \u20b910 lakh, and to a flat 2% for overseas tour packages. Investment remittances, including US stocks,<a href=\"https:\/\/www.regitom.com\/understanding-the-tcs-rules-for-foreign-remittances-in-india\" target=\"_blank\" rel=\"nofollow noopener\"> still attract 20% TCS<\/a> on amounts above \u20b910 lakh in a financial year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The \u20b910 lakh threshold is shared.<\/strong> It applies across all your LRS remittances and all banks combined. A child&#8217;s tuition or a family trip earlier in the year uses up the same allowance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>GIFT City added direct share access.<\/strong> NSE IX launched its Global Access platform in February 2026, starting with US-listed stocks. Platforms authorised as Global Access Providers by IFSCA also let you buy US shares directly under IFSCA supervision.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Route 1: AMD Tokenized Stock on Mudrex Spot<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">You deposit rupees, buy<a href=\"https:\/\/mudrex.com\/coins\/amdb\"> AMDB<\/a> and hold it in your Mudrex account. The token is issued under the bStocks programme by BTECH Holdings Ltd and backed by a real share held with a regulated US broker-custodian.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Where it wins<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Speed.<\/strong> No overseas account, no Form A2 and no remittance paperwork.<\/li>\n\n\n\n<li><strong>Small tickets.<\/strong> Start with \u20b9100.<\/li>\n\n\n\n<li><strong>Round-the-clock trading.<\/strong> Act on news at night or on weekends. Our guide to <a href=\"https:\/\/mudrex.com\/learn\/amd-tokenized-spot-guide\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/mudrex.com\/learn\/amd-tokenized-spot-guide\/\" rel=\"noreferrer noopener\">trading AMD stock 24\/7 in India<\/a><strong><em> <\/em><\/strong>explains how off-hours pricing works.<\/li>\n\n\n\n<li><strong>LRS untouched.<\/strong> Your USD 250,000 allowance and \u20b910 lakh TCS threshold stay free for other uses.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Where it falls short<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No ownership.<\/strong> You hold price exposure, not the share or voting rights.<\/li>\n\n\n\n<li><strong>Heavier tax on long holds.<\/strong> VDA gains are taxed at 30% regardless of holding period, with no loss set-off.<\/li>\n\n\n\n<li><strong>No dedicated SEBI framework.<\/strong> Tokenized stocks sit outside India&#8217;s securities regulation, and you rely on the issuer, custodian and platform.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Route 2: Buying AMD Stock Through an LRS Broker<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">You open an account with an international broker or an India-partnered app, remit dollars through your bank under the<a href=\"https:\/\/rbi.org.in\/scripts\/FAQView.aspx?Id=115\" target=\"_blank\" rel=\"nofollow noopener\"> RBI&#8217;s Liberalised Remittance Scheme<\/a>, and buy the share on the Nasdaq.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Where it wins<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Real ownership<\/strong> in your name, with voting rights.<\/li>\n\n\n\n<li><strong>Lower long-term tax.<\/strong> Gains on shares held more than 24 months are taxed at 12.5%.<\/li>\n\n\n\n<li><strong>Full universe.<\/strong> Any US stock or ETF your broker offers.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Where it falls short<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Paperwork.<\/strong> Every remittance needs Form A2 and an LRS declaration, and your PAN must be linked with Aadhaar. An inoperative PAN doubles the TCS rate from 20% to 40%.<\/li>\n\n\n\n<li><strong>Extra costs.<\/strong> Bank forex spreads and wire fees apply on each transfer.<\/li>\n\n\n\n<li><strong>TCS cash drag.<\/strong> 20% on investment remittances above \u20b910 lakh, refundable only when you file your return.<\/li>\n\n\n\n<li><strong>Offshore considerations.<\/strong> Shares held with a US broker must be reported in your ITR&#8217;s foreign assets schedule.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>TCS example:<\/strong> You remit \u20b94 lakh for a child&#8217;s education and later \u20b912 lakh for US stocks in the same year. Your total is \u20b916 lakh, so \u20b96 lakh sits above the threshold (\u20b916 lakh minus \u20b910 lakh). Since the education remittance came first, the full \u20b96 lakh excess falls on the investment remittance, so TCS at 20% is \u20b91.2 lakh collected upfront.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Route 3: AMD Stock via GIFT City<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">GIFT City is treated as offshore under FEMA, so both options below are funded under LRS and regulated by IFSCA rather than SEBI.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Option A: NSE IFSC Receipts<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">You open an IFSC trading account, remit dollars under LRS, and buy<a href=\"https:\/\/www.nseindia.com\/resources\/nse_ifsc_us_stocks\" target=\"_blank\" rel=\"nofollow noopener\"> NSE IFSC Receipts<\/a>, which are unsponsored depository receipts on US shares. Each receipt represents a fraction of a share.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">HDFC Bank&#8217;s IFSC Banking Unit acts as custodian, with Deutsche Bank in New York holding the underlying shares at DTCC. Trades run during US market hours, and there&#8217;s no STT or stamp duty.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The limits:<\/strong> the list covers about 50 large S&amp;P 500 stocks, with NSE IX planning to expand it to over 100 stocks and ETFs. Check whether AMD is currently listed before opening an account. You also don&#8217;t own the underlying share directly.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Option B: Global Access<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This is the newest option. NSE IX Global Access, launched through a dedicated subsidiary, lets resident Indians buy US-listed stocks with fractional investing. KYC is digital through DigiLocker, Aadhaar and PAN are mandatory, and no demat account is needed. You transfer rupees to NSE IX&#8217;s designated bank account, which are converted to dollars under LRS.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Global Access Providers such as INDmoney hold client shares at DTCC through US clearing brokers, with each client&#8217;s entitlement recorded in audited GIFT City books reported to IFSCA.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Where it wins:<\/strong> direct access to the broader US universe, including AMD, under an Indian regulator, with rupee funding and fractional buying.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Where it falls short:<\/strong> it still uses your LRS allowance, so TCS applies above \u20b910 lakh, and trading follows US market hours.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Tax Makes the Biggest Difference<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Holding period decides which route costs less. Take a \u20b91 lakh gain, before surcharge:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Scenario<\/strong><\/td><td><strong>LRS broker or GIFT City<\/strong><\/td><td><strong>Tokenized spot<\/strong><\/td><\/tr><tr><td>Held more than 24 months<\/td><td>12.5% of \u20b91 lakh = \u20b912,500, plus 4% cess = \u20b913,000<\/td><td>30% of \u20b91 lakh = \u20b930,000, plus 4% cess = \u20b931,200<\/td><\/tr><tr><td>Held less than 24 months, 30% slab<\/td><td>30% of \u20b91 lakh = \u20b930,000, plus 4% cess = \u20b931,200<\/td><td>\u20b931,200<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">For short holds in the top slab, the cost is similar. For long holds, owning the share wins clearly.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Mistakes to Avoid<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Relying on a pre-2026 guide.<\/strong> GIFT City&#8217;s direct access options and the Budget 2026 TCS changes aren&#8217;t covered in older articles.<\/li>\n\n\n\n<li><strong>Assuming lower TCS applies to investing.<\/strong> The 2% rates are for education, medical and tour packages only.<\/li>\n\n\n\n<li><strong>Picking a route on fees alone.<\/strong> The tax gap between 12.5% and 30% on a long hold usually outweighs any fee difference.<\/li>\n\n\n\n<li><strong>Letting your PAN go inoperative.<\/strong> Link PAN and Aadhaar before remitting, or TCS doubles.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Which Route Fits You?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/mudrex.com\/learn\/wp-content\/uploads\/2026\/10\/infographic-a3b-amd-route-by-goal-2-1024x576.png\" alt=\"\" class=\"wp-image-89348\" title=\"\" srcset=\"https:\/\/mudrex.com\/learn\/wp-content\/uploads\/2026\/10\/infographic-a3b-amd-route-by-goal-2-1024x576.png 1024w, https:\/\/mudrex.com\/learn\/wp-content\/uploads\/2026\/10\/infographic-a3b-amd-route-by-goal-2-300x169.png 300w, https:\/\/mudrex.com\/learn\/wp-content\/uploads\/2026\/10\/infographic-a3b-amd-route-by-goal-2-768x432.png 768w, https:\/\/mudrex.com\/learn\/wp-content\/uploads\/2026\/10\/infographic-a3b-amd-route-by-goal-2-150x84.png 150w, https:\/\/mudrex.com\/learn\/wp-content\/uploads\/2026\/10\/infographic-a3b-amd-route-by-goal-2.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Choose tokenized spot<\/strong> if you invest small amounts, want to trade around AMD news at any hour, or want to keep your LRS allowance free.<\/li>\n\n\n\n<li><strong>Choose an LRS broker<\/strong> if you want the widest choice of US stocks and plan to hold for two years or more.<\/li>\n\n\n\n<li><strong>Choose GIFT City Global Access<\/strong> if you want to own the share, prefer an Indian regulator and like rupee funding with fractional buying.<\/li>\n\n\n\n<li><strong>Choose NSE IFSC Receipts<\/strong> if the stocks you want are on the list and you&#8217;re comfortable with receipts rather than direct shares.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Many investors combine routes. A long-term core holding in actual shares, with AMDB for smaller, tactical positions around earnings, is a common setup.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>READ MORE:<\/strong> For the exact Mudrex steps, <a href=\"https:\/\/mudrex.com\/learn\/how-to-buy-amd-stock-in-india\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/mudrex.com\/learn\/how-to-buy-amd-stock-in-india\/\" rel=\"noreferrer noopener\">see our guide to buying AMD stock in India.<\/a> For the longer-term outlook, read our <a href=\"https:\/\/mudrex.com\/learn\/amd-stock-price-prediction\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/mudrex.com\/learn\/amd-stock-price-prediction\/\" rel=\"noreferrer noopener\">AMD stock price prediction for 2026 to 2030.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<div class=\"wp-block-essential-blocks-dual-button\"><div class=\"eb-parent-wrapper eb-parent-eb-button-group-ehkqk \"><div class=\"eb-button-group-wrapper eb-button-group-ehkqk button-1\" data-id=\"eb-button-group-ehkqk\"><a class=\"eb-button-parent eb-button-one\" href=\"https:\/\/mudrex.com\/coins\/amdb#chart\" target=\"_blank\" rel=\"noopener\"><div class=\"eb-button-text eb-button-one-text\">Buy AMDB<\/div><\/a><div class=\"eb-button-group__midldeInner\"><span>OR<\/span><\/div><a class=\"eb-button-parent eb-button-two\" href=\"https:\/\/mudrex.com\/futures\/AMDSTOCKUSDT\/019eb711-15dc-7943-96a8-68a3da9a8e25\" target=\"_blank\" rel=\"noopener\"><div class=\"eb-button-text eb-button-two-text\">Trade AMDUSDT<\/div><\/a><\/div><\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Frequently Asked Questions<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Did Budget 2026 reduce TCS on US stock investments?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">No. Budget 2026 cut TCS for education, medical and tour package remittances from 1 April 2026. Investment remittances still attract 20% above \u20b910 lakh a year.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Is the LRS limit still USD 250,000?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. Resident individuals can remit up to USD 250,000 per financial year across all permitted purposes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Can I buy AMD shares directly through GIFT City?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, through Global Access platforms such as NSE IX Global Access, which offer US-listed stocks with fractional investing. NSE IFSC Receipts cover a narrower list, so check whether AMD is on it.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Does buying AMDB use my LRS limit?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">No. You pay in rupees on an Indian platform, so no foreign remittance takes place.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Which route is cheapest for AMD?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">For small amounts and short holds, tokenized spot usually costs less. For large sums held beyond 24 months, owning the share through LRS or GIFT City wins on tax.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>This article is for information only and is not investment, tax or legal advice. Rules and figures are as of October 2026.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are three main ways for a resident Indian to invest in AMD, and in 2026 one of them has split in two. Tokenized spot gives you a token backed by an AMD share. An LRS broker gives you the share itself. GIFT City now offers both depository receipts and, since early 2026, direct access [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":89326,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_import_markdown_pro_load_document_selector":0,"_import_markdown_pro_submit_text_textarea":"","footnotes":""},"categories":[2104],"tags":[],"class_list":["post-89339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-stock-perps-on-mudrex"],"_links":{"self":[{"href":"https:\/\/mudrex.com\/learn\/wp-json\/wp\/v2\/posts\/89339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mudrex.com\/learn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudrex.com\/learn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudrex.com\/learn\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mudrex.com\/learn\/wp-json\/wp\/v2\/comments?post=89339"}],"version-history":[{"count":3,"href":"https:\/\/mudrex.com\/learn\/wp-json\/wp\/v2\/posts\/89339\/revisions"}],"predecessor-version":[{"id":89368,"href":"https:\/\/mudrex.com\/learn\/wp-json\/wp\/v2\/posts\/89339\/revisions\/89368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mudrex.com\/learn\/wp-json\/wp\/v2\/media\/89326"}],"wp:attachment":[{"href":"https:\/\/mudrex.com\/learn\/wp-json\/wp\/v2\/media?parent=89339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudrex.com\/learn\/wp-json\/wp\/v2\/categories?post=89339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudrex.com\/learn\/wp-json\/wp\/v2\/tags?post=89339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}