U.S. Investment in Indian Securities Reached $390 Billion, Treasury Data Show

U.S. investors held approximately $390 billion of Indian securities at the end of 2025, according to preliminary Treasury data released August 31. India ranked 12th among countries and jurisdictions attracting the largest U.S. portfolio holdings, with almost all of that exposure recorded in equities rather than debt.

For Indian-origin investors and cross-border families, the figures offer a useful measure of the scale of U.S. portfolio exposure to India but they are not a measure of Indian diaspora wealth or of direct business investment.

Source: U.S. Department of the Treasury – Preliminary Annual Report on U.S. Portfolio Holdings of Foreign Securities

Where does India rank?

Treasury reported $390 billion in U.S. portfolio holdings of Indian securities:

India ranked behind countries and jurisdictions including the Cayman Islands, United Kingdom, Canada, Japan, Ireland, France, Switzerland, the Netherlands, Germany, Taiwan and Australia.

Approximately 97% of reported U.S. holdings in India were equities, based on the Treasury figures. That derived proportion shows how strongly U.S. portfolio exposure to India was concentrated in stocks rather than debt at the survey date.

What does this figure not measure?

It does not mean Indian Americans personally held $390 billion of Indian investments.

The dataset measures securities held by U.S. residents, which can include institutional investors, mutual funds, pension funds, corporations and individuals. It also measures portfolio securities, not all U.S. investment in India. Foreign direct investment such as a U.S. company building or owning operating businesses in India is measured separately.

Why is this useful for Indian-origin investors?

The data demonstrate the substantial role India already plays within internationally allocated U.S. portfolios. But an individual investor should not interpret that scale as a recommendation to increase India exposure.