How to Invest in Broadcom shares from India

Broadcom traces its origins to 1961, when it began as a semiconductor division of Hewlett-Packard (HP). Over the decades, the company changed hands, spun off, and rebranded. However, a major event occurred in 2005, when the semiconductor arm of Agilent Technologies was acquired by private investors and renamed Avago Technologies. In 2016, Avago acquired Broadcom Corporation for about $37 billion and adopted the Broadcom name.

Did you know? If you stream video, use WiFi, or connect broadband at home, there’s a good chance Broadcom technology is involved.

The company is listed on NASDAQ under the ticker symbol ‘AVGO’.’ As of Nov 2025, the share price has surged by 787.49% in the last 5 years, and by over 100% in one year.

If you are looking to take a portion of Broadcom’s shares, download or visit the website of Vested. 

About Broadcom Corp.

Headquartered in San Jose, Broadcom is known for its expertise in designing chips for networking, broadband, wireless communications, storage, and industrial applications. After the acquisition of VMware, the company is focused more on enterprise software and expects the segment to generate 50% of total sales.

To compete globally, Broadcom is aggressively targeting the AI and machine learning markets. The company supplies chips to 5G, data centres, and automotive electronics, where demand for high-performance, low-latency solutions is growing. Through VMware, Broadcom is deepening its presence in cloud-native applications, virtualisation, and cybersecurity.

Now, let’s highlight the financials:

• In 2024, Broadcom posted a gross profit of USD 32,509 million, an increase of USD 7,819 million compared to the previous financial year.
• The net profit after accounting for extraordinary items and discontinued operations was USD 14,082 million.
• Broadcom, in the last two years, has not announced any dividend. The last reported dividend was 1.640 in 2022.
• The cash flow from operating activities in 2024 stood at USD 19,962 million. The total cash and cash equivalents at the end of the 2024 period were USD 9,348 million.

In the US, Broadcom faces strong competition from Qualcomm (NASDAQ: QCOM), which dominates in mobile processors and wireless connectivity; Intel (NASDAQ: INTC), a global leader in CPUs and data centre chips; NVIDIA (NASDAQ: NVDA), which is driving AI and graphics processing globally; and Texas Instruments (NASDAQ: TXN), which specialises in analogue and embedded semiconductors.

Fun Fact: After a failed bid to buy a rival (Qualcomm Inc.), Broadcom pivoted more aggressively into acquiring software firms.

Steps to Invest in Broadcom Shares from India

You can invest in Broadcom shares in the following two ways:

Direct Investment

You can directly invest in Broadcom shares through the Vested platform. The best part is that regardless of the Broadcom share price, you only need USD 1, which is around ₹87, to get started through fractional ownership.

Indirect Investment

If you wish to diversify your investment in US stocks while holding on to Broadcom shares, consider mutual funds or exchange-traded funds (ETFs) that include Broadcom in their portfolio. Vested also allows you to invest indirectly.

Can Indians Invest in Broadcom Stock?

Resident Indians can invest in Broadcom shares, provided that they are investing through a broker that has partnerships with US firms or through international brokerage platforms.

The maximum investment allowed under the Liberalised Remittance Scheme (LRS) by the Reserve Bank of India (RBI) is USD 250,000 on an annual basis. However, this amount includes other remittances such as those made towards education, travel, or gifts.

If you are looking for a hassle-free investment in listed US stocks, why not try Vested? To get started, register on the platform by completing KYC formalities and funding your Vested account with Indian currency. The platform will then automatically convert it into US dollars, after which you can start buying stocks.

How to Buy Broadcom Stock on Vested (Step-by-Step)

Here is how to buy Broadcom shares from India:  

• Step 1: Visit the Play Store or App Store, depending on your phone, and download the Vested app. You can also directly sign up on the website, too.
• Step 2:  Share your details and upload scanned copies of your PAN card and other ID proofs to complete the KYC.
• Step 3: After online verification, link your bank account to the Vested app and fund your account. The app will convert your deposits into USD as per the RBI’s LRS rules.
• Step 4: Go to the search bar and type ‘AVGO.’ The details of Broadcom stock will appear on your screen. 
• Step 5: Scroll the screen, click on the ‘Buy’ option, and then enter the amount. Since Vested permits fractional ownership, you can enter any amount you wish to invest. Once done, confirm your order.
• Step 6: Re-login, and the details of your investment will appear at the top. 

How to Sell Broadcom Stock

Selling Broadcom shares through the Vested platform requires just four simple steps:

• Step 1: Open the Vested App on your smartphone and log in using your credentials. 
• Step 2: Go to your portfolio and tap on ‘AVGO’ stock.
• Step 3: Enter the number of shares you wish to redeem. You may also enter the amount in USD you wish to withdraw by redeeming your Broadcom holdings. 
• Step 4: Click ‘Confirm’ and the transaction will reflect in your Vested dashboard within a few seconds.

Note: You can either transfer the amount to your account or keep it in a portal to use for future investments. If you choose to withdraw, the funds may take up to two days to reflect in your Indian Bank account.

5 Things to Know Before Investing in Broadcom Stock

Before you invest in Broadcom shares, there are certain investment and taxation rules you must be aware of.

• TCS Collection: If you have remitted over ₹10 lakhs under the LRS, the surplus will attract a tax collected at source (TCS) of 20%. However, a refund is available by offsetting the tax deducted at source at the time of filing income tax returns using Form 12BAA.
• Mandatory Disclosure: No matter which US stock you invest in or how much profit or loss you make on your investment, you need to disclose the same in Schedule FA of the ITR. You are required to mention the date and cost of acquisition, broker details, and the total gains or losses you have made from each investment. Failure to adhere attracts a penalty under the Black Money Act.
• Dividend Taxation: If Broadcom declares a dividend, it will be paid to you after deducting a withholding tax of 25%. It will again be taxed as per your income tax slab. You can claim foreign tax credit under the India–US Double Taxation Avoidance Agreement (DTAA) by submitting Form 67 when filing your ITR. Under Rule 115, before you report dividend income, convert the amount using the SBI TT buying rate on the last day of the month preceding the month in which you receive it.
• Capital Gains: Any gains from selling Broadcom shares attract a long-term capital gains tax of 12.5% if you sell after 24 months of acquisition. If the holding period is less than 24 months, it will be taxed as per your slab. 
• FEMA Compliance: As per the Foreign Exchange Management Act (FEMA) rules, investment in US stocks is allowed only in the name of a resident Indian. No investment is allowed in the name of a trust, partnership, company, or even a joint account with foreign nationals or NRIs.

Conclusion 

With a platform like Vested, investing in Broadcom or any other listed stocks is easier than ever. The best aspect of Vested is that you don’t need thousands of rupees to acquire a single share of listed stock; USD 1, is sufficient to get started. Also, with just a few clicks, you can redeem your holdings and access cash whenever needed.