INDmoney vs Paasa vs Vested: Detailed Breakdown

For Indian investors exploring global markets, INDmoney, Vested, and Paasa each offer a different solution.

INDmoney is a personal finance super-app. It allows you to track Indian FDs, mutual funds, insurance, loans, and also invest in U.S. equities and London-listed UCITS ETFs. But international investing is just one small tab in a much larger financial dashboard.

Vested is built ground-up as an alternative investment platform. It goes beyond U.S. equities by offering managed portfolios, global mutual funds, private markets, and Indian bonds, designed for Indian retail investors who want to dip their toes into global diversification without too much operational complexity.

Paasa, on the other hand, gives you access to all major global markets, including the U.S., UK, Europe, and China, and is designed with a long-term global strategy in mind. Paasa is structured around LRS compliance, tax reporting, INR-linked returns, and concierge support, making it suitable for everyone from first-time global investors to HNIs and family offices.

Infrastructure Overview
Feature Comparison
FEMA Compliance
Tax Reporting
Technology Features
Investor Fit
Client Support

Infrastructure Overview

Attribute	INDmoney	Vested	Paasa
Account Setup	Free	₹250 (one-time)	Free
Trading infrastructure	Principal Global Access Provider in GIFT City, with U.S. custody partners (DriveWealth, Alpaca, Apex)	Own U.S. broker-dealer (VF Securities, Inc.)	Account in your own name, with Interactive Brokers as custodian
Market Access	US + UCITS ETFs on the London Stock Exchange	US only	Global - US, Europe, UK, China and more
Custody of assets under client's name	You are the beneficial owner; holdings are recorded in INDmoney's GIFT City books	✅	✅
FEMA & LRS Support	Basic	Basic	Advanced
Tax Reporting (India)	Filing-ready statements	Tax module for ITR documents	Advanced
INR-based Returns & Analytics	✅	❌	✅
Human Advisory	❌	❌	✅ (Apex plan)
Onboarding Support	❌	✅	✅
Remittance Integration	✅	✅	✅
SIPC Insurance	✅	✅	✅

Feature Comparison

Attribute		INDmoney	Vested	Paasa
Direct trading		✅	✅	✅
Real-time execution		✅	✅	✅
Product Universe	US Stocks & ETFs	✅	✅	✅
	Other markets (China, UK, Europe, etc)	UCITS ETFs on the London Stock Exchange only	❌	✅
	Managed Portfolios	❌	✅	✅ (Apex plan)
	UCITS portfolios	UCITS ETFs only	UCITS mutual funds only (Global Funds)	✅
	AIFs	❌	❌	❌
Fractional Shares		✅	✅	✅
Auto-rebalanced UCITS portfolios		❌	❌	✅ (Apex plan)
Interest on uninvested cash		❌	❌	✅
Withdraw money to US bank account		❌	✅	✅

Note: UCITS portfolios are preferred by many Indian investors for US estate tax protection and global diversification.

FEMA Compliance

Attribute		INDmoney	Vested	Paasa
Digital remittance under LRS	Self-declaration templates for Indian banks	✅	✅	✅
	Remittance support at low rates	No platform fee; bank FX markup applies	Limited visibility, fixed margin	✅
	Bank formalities & Holding Declaration	✅	✅	✅
	Tracking and Confirmation	✅	❌	✅
Compliance queries		❌	❌	✅

Note: FEMA compliance is critical when sending money abroad under LRS. Many Indian investors unknowingly use incorrect purpose codes during remittance which can lead to reporting issues, delays, or tax scrutiny later.

Tax Reporting

Attribute		INDmoney	Vested	Paasa
Tax Analytics	Dividend Tax Tracking	Partial	❌	✅
	Capital Gains Tax Calculation (STCG/LTCG)	Partial	❌	✅
	Accumulating ETFs	✅	❌	✅
	Tax Loss Harvesting	❌	✅ (Premium plan)	✅ (Apex plan)
	Year-End Tax Statement for Indian Investors	✅	✅	✅
UCITS portfolios for tax savings		UCITS ETFs only	UCITS mutual funds only	✅

Technology Features

Attribute	INDmoney	Vested	Paasa
Mobile App & Web View	✅	✅	✅
Market and Limit	✅	✅	✅
Stop loss	✅	✅	✅
Trailing stop loss	❌	❌	✅
Withdraw funds to any bank account	❌ (Indian bank account only)	✅	✅
Mutual funds tracking	✅	❌	✅
XIRR calculation for position	✅	✅	✅
Benchmarking & Backtesting	❌	❌	✅
INR gain/loss computation (blended FX)	❌	❌	✅
Web dashboard for reporting	✅	✅	✅
Trader Workstation (TWS) for advanced traders	❌	❌	❌
Custom features (family offices, institutional needs)	❌	❌	✅

Investor Fit

Investor Type	INDmoney	Vested	Paasa
First-time US investor	✅ Easy Onboarding	✅ Easy Onboarding	✅ Easy Onboarding
SIP-style Retail Investor	✅ Suited	✅ Weekly/monthly SIPs	✅ Suited
HNIs	Limited Tax/Remit control	Requires technical know-how	Built for scale and customization + India-facing layer
Family Offices	No reporting or structuring tools	No reporting or structuring tools	Concierge, entity-level control + India-facing layer
Institutional Investors	Not built for complex needs	Not built for complex needs	Concierge, entity-level control + India-facing layer

Client Support

Attribute	INDmoney	Vested	Paasa
Onboarding Support	Self-serve	Self-serve & Guided	Self-serve & Guided
Dedicated relationship manager	✅	✅	✅ (Apex plan)
Expert concierge (FEMA, Tax)	❌	❌	✅ (Apex plan)
Custom Portfolio Structuring	❌	❌	✅
Customize features on request	❌	❌	✅
Exit or Migration Support	❌	❌	✅

Conclusion

If you're looking for a simple, app-based way to dip your toes into U.S. stocks, INDmoney is a good start.

If you want a curated experience with slightly broader product access Vested is a step up, particularly for small to medium ticket investors.

But if you're aiming to diversify across U.S., Europe, and Asia, whether with your first global allocation or a larger portfolio, Paasa offers the structure, control, and compliance support you need. It’s not just about investing, it’s about managing capital across borders with clarity.

About Paasa

Paasa is a global investing platform for Indian investors, from those making their first global allocation to HNIs and family offices. It helps them invest across the US, UK, Europe, and China with tools that simplify LRS, remittance, tax reporting, and cross-border complexity.