# Single Stock ETF! (Leveraged ETFs)

**URL:** https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675
**Category:** General
**Created:** [October 9, 2026, 3:20am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675 "2026-10-09T03:20:42Z")
**Posts on this page:** 20
**Page:** 1

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### Author: ![VijayNair](https://tradingqna.com/user_avatar/tradingqna.com/vijaynair/32/58853_2.png) [@VijayNair](https://tradingqna.com/u/VijayNair)
#### Post date: [October 9, 2026, 3:20am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/1 "2026-10-09T03:20:42Z")

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> If you are an Indian investor investing in U.S. stocks, you may come across a product that is quite different from what you normally see in India: **Single Stock ETFs**.
> 
> Imagine you are extremely bullish on Nvidia. Instead of simply buying Nvidia shares, you can buy an ETF that aims to deliver 2x Nvidia’s daily performance. Similarly, if you believe a stock is going to fall, there are ETFs designed to move in the opposite direction. This is one of the interesting features of the U.S. market which gives retail investors access to strategies that are generally not available in the same way when investing in Indian equities.

> **[Single Stock ETFs: A Powerful Tool for Indian Investors in US Stocks](https://madefortrade.in/t/single-stock-etfs-a-powerful-tool-for-indian-investors-in-us-stocks/94641)**
>
> If you are an Indian investor investing in U.S. stocks, you may come across a product that is quite different from what you normally see in India: Single Stock ETFs. Imagine you are extremely bullish on Nvidia. Instead of simply buying Nvidia...

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### Author: ![BB789](https://tradingqna.com/user_avatar/tradingqna.com/bb789/32/91597_2.png) [@BB789](https://tradingqna.com/u/BB789)
#### Post date: [October 9, 2026, 3:32am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/2 "2026-10-09T03:32:54Z")

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Unfortunately this is probably against RBI FEMA.

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### Author: ![deepmind](https://tradingqna.com/letter_avatar_proxy/v4/letter/d/71e660/32.png) [@deepmind](https://tradingqna.com/u/deepmind)
#### Post date: [October 9, 2026, 3:35am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/3 "2026-10-09T03:35:54Z")

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I don’t think so, leveraged ETFs have been around for long and their guidelines were for derivatives.

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### Author: ![BB789](https://tradingqna.com/user_avatar/tradingqna.com/bb789/32/91597_2.png) [@BB789](https://tradingqna.com/u/BB789)
#### Post date: [October 9, 2026, 3:38am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/4 "2026-10-09T03:38:46Z")

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Any products that require margin is disallowed. Courts have increasingly taken the view “substance over form” and “what cannot be done directly cannot be done indirectly” and leverage etfs are enabling you to do indirectly what you cannot do directly.

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### Author: ![deepmind](https://tradingqna.com/letter_avatar_proxy/v4/letter/d/71e660/32.png) [@deepmind](https://tradingqna.com/u/deepmind)
#### Post date: [October 9, 2026, 3:40am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/5 "2026-10-09T03:40:29Z")

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Leveraged ETF doesn’t require margin.

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### Author: ![BB789](https://tradingqna.com/user_avatar/tradingqna.com/bb789/32/91597_2.png) [@BB789](https://tradingqna.com/u/BB789)
#### Post date: [October 9, 2026, 3:43am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/6 "2026-10-09T03:43:02Z")

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Yes I know, but they allow you to do something which requires margin. It’s the same as incorporating a shell company to do derivative trading with margin while you own the company without margin.

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### Author: ![VijayNair](https://tradingqna.com/user_avatar/tradingqna.com/vijaynair/32/58853_2.png) [@VijayNair](https://tradingqna.com/u/VijayNair)
#### Post date: [October 9, 2026, 3:47am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/7 "2026-10-09T03:47:52Z")

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I dont think it’s illegal. It is allowed by Dhan.

> **[GraniteShares 2x Long NVDA Daily ETF (NASDAQ: NVDL) Stock Price, Charts &...](https://dhan.co/us-etf/NVDL-graniteshares-2x-long-nvda-daily-etf-share-price/)**
>
> Explore GraniteShares 2x Long NVDA Daily ETF on Dhan. Get live price updates, performance charts, historical returns, and more for NVDL to make informed investment decisions from India.

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### Author: ![BB789](https://tradingqna.com/user_avatar/tradingqna.com/bb789/32/91597_2.png) [@BB789](https://tradingqna.com/u/BB789)
#### Post date: [October 9, 2026, 3:51am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/8 "2026-10-09T03:51:29Z")

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Zerodha also offered currency trading. It was always illegal to do trading in currencies without underlying exposure. But since everyone was just doing it,rbi had to interfere and clarify. But all those people who traded in currency before the clarification were in violation of FEMA. RBI did not add a new requirement just enforcing the old one. Just because it is not enforced for every person does not mean it is legal.

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### Author: ![sandeep\_cs](https://tradingqna.com/user_avatar/tradingqna.com/sandeep_cs/32/94295_2.png) [@sandeep\_cs](https://tradingqna.com/u/sandeep_cs)
#### Post date: [October 9, 2026, 3:54am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/9 "2026-10-09T03:54:11Z")

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Why we are not having single stock etf and fractional share of a stock.we have many stocks with price more than 5000 . If any one wish to own any of these means he may have to purchase more than his position size per stock ( small investors).

Leverage etf also missing , personally I am not interested in leverage.

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### Author: ![BB789](https://tradingqna.com/user_avatar/tradingqna.com/bb789/32/91597_2.png) [@BB789](https://tradingqna.com/u/BB789)
#### Post date: [October 9, 2026, 3:55am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/10 "2026-10-09T03:55:07Z")

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> The requirement of underlying exposure for rupee derivatives has always been the central bank’s policy “for the last so many years”, the central bank’s Governor Shaktikanta Das said at a post policy media conference.

[https://www.business-standard.com/finance/news/rbi-reiterates-fx-exposure-must-for-rupee-exchange-derivative-transactions-124040500379\_1.html](https://www.business-standard.com/finance/news/rbi-reiterates-fx-exposure-must-for-rupee-exchange-derivative-transactions-124040500379_1.html)

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<div class="post-metadata">

### Author: ![VijayNair](https://tradingqna.com/user_avatar/tradingqna.com/vijaynair/32/58853_2.png) [@VijayNair](https://tradingqna.com/u/VijayNair)
#### Post date: [October 9, 2026, 3:57am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/11 "2026-10-09T03:57:30Z")

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> [@VijayNair](#):
>
> I dont think it’s illegal. It is allowed by Dhan.

Maybe its just a display page… I have asked the question on Dhan’s forum

[@Zerodha-Staff](https://tradingqna.com/groups/zerodha-staff) any clarification?

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### Author: ![deepmind](https://tradingqna.com/letter_avatar_proxy/v4/letter/d/71e660/32.png) [@deepmind](https://tradingqna.com/u/deepmind)
#### Post date: [October 9, 2026, 3:58am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/12 "2026-10-09T03:58:50Z")

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whitelisting/blacklisting etfs is next to impossible, especially in the global context

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### Author: ![siva](https://tradingqna.com/user_avatar/tradingqna.com/siva/32/76200_2.png) [@siva](https://tradingqna.com/u/siva)
#### Post date: [October 9, 2026, 4:10am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/13 "2026-10-09T04:10:42Z")

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> [@VijayNair](#):
>
> Maybe its just a display page… I have asked the question on Dhan’s forum

Guess leveraged ETF can be allowed, it is like a grey area and depends upon interpretation, one thing which is clearly not allowed is anything related to crypto.

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<div class="post-metadata">

### Author: ![BB789](https://tradingqna.com/user_avatar/tradingqna.com/bb789/32/91597_2.png) [@BB789](https://tradingqna.com/u/BB789)
#### Post date: [October 9, 2026, 4:11am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/14 "2026-10-09T04:11:54Z")

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Ibkr does it though.

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<div class="post-metadata">

### Author: ![BB789](https://tradingqna.com/user_avatar/tradingqna.com/bb789/32/91597_2.png) [@BB789](https://tradingqna.com/u/BB789)
#### Post date: [October 9, 2026, 4:26am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/15 "2026-10-09T04:26:57Z")

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> [@siva](#):
>
> clearly not allowed is anything related to crypto.

Under which section? Crypto is never mentioned in FEMA. It is also a “grey area” in my opinion.

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### Author: ![deepmind](https://tradingqna.com/letter_avatar_proxy/v4/letter/d/71e660/32.png) [@deepmind](https://tradingqna.com/u/deepmind)
#### Post date: [October 9, 2026, 4:31am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/16 "2026-10-09T04:31:53Z")

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you have to bring all the rules here 😃 and then, otherwise it will be guess work

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### Author: ![Chetan\_Nahata](https://tradingqna.com/user_avatar/tradingqna.com/chetan_nahata/32/67079_2.png) [@Chetan\_Nahata](https://tradingqna.com/u/Chetan_Nahata)
#### Post date: [October 9, 2026, 4:58am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/17 "2026-10-09T04:58:31Z")

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> [@siva](#):
>
> Guess leveraged ETF can be allowed, it is like a grey area and depends upon interpretation

Leveraged and Inverse ETs both are allowed by Most International Brokers

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<div class="post-metadata">

### Author: ![BB789](https://tradingqna.com/user_avatar/tradingqna.com/bb789/32/91597_2.png) [@BB789](https://tradingqna.com/u/BB789)
#### Post date: [October 9, 2026, 5:14am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/18 "2026-10-09T05:14:29Z")

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> [@Chetan\_Nahata](#):
>
> Leveraged and Inverse ETs both are allowed by Most International Brokers

Schwab offers full margin trading:

> [@Hella confused with option trading in US market](https://tradingqna.com/t/hella-confused-with-option-trading-in-us-market/194123/15):
>
> @BB789 I just a call from Charles Schwab and they are allowing both margin and cash account and unrestricted access to every tradable instrument for Indian tax resident

What you “can” do and what is “legal” to do are two different things.

Having said that , there is specifically no exact legal precedent against leveraged etf so far. And since it is under the radar, you probably might not get into trouble. Probably.

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<div class="post-metadata">

### Author: ![Chetan\_Nahata](https://tradingqna.com/user_avatar/tradingqna.com/chetan_nahata/32/67079_2.png) [@Chetan\_Nahata](https://tradingqna.com/u/Chetan_Nahata)
#### Post date: [October 9, 2026, 5:22am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/19 "2026-10-09T05:22:04Z")

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Knowing Zerodha how much they have waited for clarifications regarding these probably stuff at other matters…

Well it would be wiser to not hope for …

Weren’t they going to do beta last Friday? Said it was a holiday now we’re a week later

…

@siva

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### Author: ![siva](https://tradingqna.com/user_avatar/tradingqna.com/siva/32/76200_2.png) [@siva](https://tradingqna.com/u/siva)
#### Post date: [October 9, 2026, 5:41am UTC](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675/20 "2026-10-09T05:41:33Z")

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> [@Chetan\_Nahata](#):
>
> Weren’t they going to do beta last Friday? Said it was a holiday now we’re a week later

My bad to commit the date, we want to and assumed we could do beta on that day but while internal beta we got couple of new cases which needed to be addressed before releasing to beta to public as this is totally new thing and many third parties are involved it is taking time. I believe we are closer to do beta for public now, not committing on any particular date though.

[Next page](https://tradingqna.com/t/single-stock-etf-leveraged-etfs/198675.md?page=2)
