Defiance AI & Power Infrastructure ETF USD Acc
Defiance AI & Power Infrastructure ETF (LSE: AIPO) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $6.93 (about ₹654 a unit) as of 13 Nov 2026, 11:35 AM ET. It has an expense ratio of 0.69%. Indian residents can buy AIPO through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$6.83
Today's high
$7.25
52 week low
$6.28
52 week high
$10.28
AIPO opened at $7.11, closed previously at $7.21, and has traded between $6.28 and $10.28 over the past 52 weeks.
About
The investment objective of the Sub-Fund is to track the price and the performance, before fees and expenses, of an index that is designed to measure the performance of companies driving artificial intelligence (AI) systems and the essential energy to power these systems, including power generation, utilities, data centres, and AI hardware.
Key statistics
Expense ratio
0.69%
Assets (AUM)
$61.3M
Holdings
—
NAV
$7.14
Avg. volume
30.97K
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 57.5% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy AIPO from India
Indian residents can buy AIPO units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in AIPO from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search AIPO and buy
Find the fund by its ticker, AIPO, on the London Stock Exchange ETF segment, and place your order.
Track holdings and download tax reports
Follow your AIPO position in USD and INR. AIPO reinvests its income instead of paying it out, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying AIPO from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
FAQs
What is the AIPO price today?
Defiance AI & Power Infrastructure ETF (AIPO) last traded at $6.93 on the London Stock Exchange ETF segment, as of 13 Nov 2026, 11:35 AM ET. That is ₹654 a unit at the 13 Nov 2026 USD/INR rate.
When does AIPO trade, in Indian time?
The London Stock Exchange ETF segment trades 1:30 pm – 10:00 pm IST. The window shifts to 12:30 pm – 9:00 pm IST when the UK is on daylight time. Orders can only execute during that window.
How big is AIPO, and what does it cost to hold?
Defiance AI & Power Infrastructure ETF manages about $61.3M. Its expense ratio is 0.69% a year, deducted inside the fund. It launched in 2026.
What are AIPO's largest holdings?
The top three are QUANTA SERVICES INC (9.4%), EATON CORP PLC (8.4%) and GE VERNOVA INC (8.3%). AIPO's 10 largest positions make up 57.5% of the fund.
Does AIPO pay dividends?
No. AIPO is an accumulating fund: dividends from its holdings are reinvested inside the fund, so nothing is paid out to you.
How are gains on AIPO taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.