INDmoney vs Vested vs Paasa

Compare INDmoney, Vested, and Paasa across infrastructure, FEMA compliance, tax reporting, and market access.

Prafull Kumar

Prafull Kumar


indmoney vs paasa vs vested

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. 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 thematic portfolios, Indian bonds, and solar infra, designed for Indian retail investors who want to dip their toes into global diversification without too much operational complexity.

Paasa, on the other hand, is designed for those with larger portfolios and a long-term global strategy in mind. It supports not just U.S. equities, but access to UK, Europe, China, and more. Paasa is structured around LRS compliance, tax reporting, INR-linked returns, and concierge support, making it suitable for HNIs, family offices, and institutional investors.

Table of Contents

  • 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

DriveWealth & Alpaca

DriveWealth

Interactive Brokers

Market Access

US only

US only

Global - US, Europe, UK, China and more

Custody of assets under client's name

FEMA & LRS Support

Basic

Basic

Advanced

Tax Reporting (India)

Basic

Basic

Advanced

INR-based Returns & Analytics

Human Advisory

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)

Managed Portfolios

UCITS portfolios

AIFs

Fractional Shares

Auto-rebalanced UCITS portfolios

Interest on uninvested cash

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

Limited visibility, fixed margin

Limited visibility, fixed margin

Bank-rate negotiation per investor

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

Year-End Tax Statement for Indian Investors

UCITS portfolios for tax savings

Technology Features

Attribute

INDmoney

Vested

Paasa

Mobile App & Web View

Market and Limit

Stop loss

Trailing stop loss

Withdraw funds to any bank account

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

 

No SIP options

 

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

Expert concierge (FEMA, Tax)

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 managing larger sums or aiming to diversify across U.S., Europe, and Asia, Paasa offers the structure, control, and compliance muscle 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 built specifically for Indian HNIs, family offices, and institutional investors, helping them invest across the US, UK, Europe, and China with tools that simplify LRS, remittance, tax reporting, and cross-border complexity.

Disclaimer

This content is for general informational purposes only and should not be taken as financial, legal, or professional advice from Paasa. While we strive for accuracy, the information may change over time. Paasa makes no representations, warranties, or guarantees, whether express or implied, regarding the accuracy, completeness, or reliability of the information provided. The comparison is based on publicly available data and is intended to assist users in making informed decisions. It is not a substitute for professional advice or consultation with financial experts. Please review the terms of use and product availability for your region, or visit the service provider's website for the latest pricing and service information.