New Delhi, June 1 -- As global investing becomes more accessible, American Depositary Receipts (ADRs) offer investors a convenient way to gain exposure to international companies through US stock exchanges. ADRs enable investors to buy shares of foreign companies in US dollars without opening overseas trading accounts or transacting directly on foreign exchanges.

For example, Infosys is listed on the NSE under the ticker INFY and also trades as an ADR on the New York Stock Exchange (NYSE). This allows US investors to invest in the company through their domestic markets while helping Infosys tap a wider global investor base.

However, the relevance of ADRs for Indian investors has evolved over time. Mohit Gulati, CIO and Managing Partner ...