Amazon

How to Buy Amazon Shares from India: A Step-by-Step Guide

Prime your portfolio for growth by investing in Amazon today!

Over the years, Amazon has become one of the biggest online retailers globally. Since its humble start in Jeff Bezos’ garage in 1994, Amazon has become an incredibly valuable company with a market cap of USD 1.8 trillion.

This phenomenon is due to Amazon’s robust business model, which includes eCommerce, digitally enabled services, and content streaming. But what are these, and how do they contribute to Amazon’s growth?

Let’s understand in detail:

  • eCommerce: eCommerce is Amazon’s primary source of income, and it offers its customers an extensive range of products and services.
  • Digital Streaming: Amazon Prime Video and Prime Music compete with other vital streaming services and contribute a significant portion of Amazon’s revenue.
  • Logistics: Amazon has significantly invested in its logistics network, enabling speedy delivery and increasing consumer satisfaction.
  • AWS: A popular platform for cloud computing that offers databases, processing power, and storage

Through this article, you’ll learn how to buy Amazon shares in India and how Appreciate could help you achieve financial gains by investing in Amazon and other high-performing US stocks in a few easy steps.

So, let’s dive right in.

Read more: See the current price of Amazon shares.

Steps to Buy Amazon Shares from India

The easiest way to invest in Amazon stocks from India is through the Appreciate App.

Here’s the step-by-step guide:

  • Step 1: Open an Account with Appreciate
  • Get the Appreciate app from the Google Play Store.
  • Provide your basic personal information and set up your login credentials to register.
  • Submit the required documents, such as your PAN card and proof of address, for KYC (Know Your Customer) compliance.

Step 2: Fund Your Account

  • Go to the “Funds Transfer” section and select “Add Funds.”
  • Pick your payment method (UPI, net banking, or debit card).
  • Enter the amount and complete the transaction.

Appreciate makes sending money to your US investment account easy with one-click transfers. You can also invest in top US stocks and ETFs with as little as ₹1 through fractional investing.

Step 3: Search for Amazon Shares (AMZN)

You can easily buy Amazon stock after opening the account and adding the funds. Here’s how:

  • Open the app and navigate to the search bar.
  • Type “Amazon” to find Amazon shares and tap it.

The app has a relatively user-friendly interface, allowing you to navigate and pick stocks of your choice easily.

Step 4: Buy Amazon Shares

Once you’ve searched for Amazon shares, the next step is to place a bid:

  • After opening the Amazon profile page, click the “Buy” button.
  • Indicate the amount or number of shares you want to own and tap the ‘Buy’ button.

With the Appreciate app, you can invest in Amazon stock through automated SIPs and investments. It uses cutting-edge encryption technology, ensuring that every transaction is secure.

Benefits of Using Appreciate to Buy US Stocks

Low Transaction Fees

Appreciate provides competitive pricing with low transaction fees, which helps investors save money on every transaction. This aspect further helps investors increase their returns as the cost of purchasing and selling the stocks decreases.

AI Recommendations

Appreciate’s AI-driven insights are not just generic recommendations but personalised stock suggestions tailored to your investor profile, market trends, and historical data analysis.

Educational Resources

Along with an investment platform, Appreciate also offers educational resources to assist investors in learning about the markets, trends, and charts.

Among these resources are:

Wide Range of Investment Products

Appreciate provides a wide range of investment products for Indian investors, such as:

  • US Equities: With Appreciate, you can buy shares of well-known US companies such as Amazon, Apple, Netflix, etc.
  • ETFs: The platform also offers a wide variety of ETFs, which are diversified funds that invest in a range of American equities.
  • Digital Gold: Digital gold lets you invest in gold without needing to keep it at home. You can buy and sell small amounts of 24K gold online, and the gold you buy is safely stored in secure vaults. The government ensures that this gold is pure and authentic.
  • Bitcoin ETF: A Bitcoin ETF allows you to invest in Bitcoin through a regulated product that you can buy on regular stock exchanges. This makes it easier and safer for people to invest in Bitcoin without directly buying it.

Advanced Features

Appreciate has many advanced features, making it different from the other investment platforms. Some of the vital advanced features include:

  • Fractional Investing: Appreciate makes it easy for investors to invest in expensive stocks with the help of fractional investing. It enables the investors to purchase a portion of a share.
  • Automated SIPs: It also offers automated SIPs. All you need to do is select a mutual fund and choose a date, after which the instalments get deducted automatically.
  • Simple Transfers: Another advanced feature is simple transfers. Appreciate enables safe transfers between your brokerage account and bank.

Security

As a customer-focused business, Appreciate does not compromise security. Its leading-edge encryption technology and strict adherence to regulations make it one of the safest platforms for your investments.

You can invest without worry. All your personal information and transactions are safe and secure.

Other Ways to Invest in US Stocks like Amazon

Exchange-traded Funds (ETFs)

One well-liked and diversified method to get exposure to Amazon without purchasing individual shares is to invest in exchange-traded funds (ETFs) that hold Amazon equities. Among the ETFs are:

  • Invesco QQQ Trust (QQQ): One of its top holdings is Amazon. This exchange-traded fund (ETF) tracks the Nasdaq-100 Index, which consists of hundreds of the biggest non-financial companies listed on the Nasdaq stock market.
  • SPDR S&P 500 ETF Trust (SPY): Tracking the S&P 500 Index, amongst the most-liked exchange-traded funds (ETFs) offers exposure to Amazon as one of the 500 biggest businesses listed on US stock markets.

Indian and US Mutual Funds

You can also invest in Amazon shares using your mutual funds, such as holding company stocks. Here are a few instances of mutual funds from both the US and India:

  • The Mirae Asset NYSE FANG+ ETF, available in India, is centred around the NYSE FANG+ Index, which comprises a range of the most actively traded growth stocks, such as Amazon.
  • Motilal Oswal Nasdaq 100 ETF (India): This ETF’s objective is to offer returns in line with the performance of the Nasdaq-100 Index, which includes Amazon.

Frequently Asked Questions about Investing in Amazon

What is Amazon’s share price today?

Amazon’s share price is currently trading at $180.75 today.

What is Amazon’s share price in rupees?

Currently, 1 Amazon share is worth approximately INR 15K.

What is Amazon’s high and low price today?

Amazon’s highest price is $182.44, and its lowest price is $180.30.

What is Amazon’s 52-week high and 52-week low?

Amazon’s 52-week high stock price is $191.70, and its low stock price is $118.35.

Who is Amazon’s biggest shareholder?

The biggest shareholder of Amazon is Jeff Bezos, also its founder, followed by Vanguard Group, BlackRock, and State Street.

Can I invest directly in Amazon?

Yes, with the help of the Appreciate app, you can invest directly in Amazon shares.

Can I buy fractional shares of Amazon?

Yes, Appreciate allows you to buy fractional shares of Amazon. It enables you to invest small amounts and gain exposure to expensive stock.

How much does it cost to buy Amazon shares on Appreciate?

Currently, the price of one Amazon share is $180.75. However, the Appreciate app allows you to buy fractional shares of Amazon.

Is my investment secure with Appreciate?

Appreciate offers advanced encryption technologies and adherence to regulatory compliance, safeguarding your financial data and transactions. So yes, your investment is secure with it!

What other US stocks can I buy besides Amazon on Appreciate?

Appreciate allows you to invest in many US stocks, including Apple, Microsoft, Netflix, and Google.

Conclusion

Investing in Amazon shares from India is no longer a difficult task. The Appreciate app makes this process simpler. Now, you can open an account with Appreciate in a few simple steps, diversify your portfolio, and increase your profit by including Amazon in your holdings. Start your investment journey today!

The app’s intuitive UI, low transaction costs, AI-driven insights, a wide variety of US stocks, and learning materials make it one of India’s best investment platforms.

Ready to Buy Amazon Shares?

Take advantage of the features of Appreciate and increase your wealth by investing in Amazon shares.

Become a member today and create a successful and diverse portfolio.

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