Invesco DB Precious Metals Fund
Invesco DB Precious Metals Fund (AMEX: DBP) is an exchange-traded fund listed on NYSE Arca, trading at $90.38 (about ₹8,492 a unit) as of 11 Nov 2026, 9:50 AM ET. It has an expense ratio of 0.76% and holds 5 securities. Indian residents can buy DBP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$90.31
Today's high
$90.70
52 week low
$86.33
52 week high
$140.76
DBP opened at $90.65, closed previously at $90.27, and has traded between $86.33 and $140.76 over the past 52 weeks.
About
The Invesco DB Precious Metals Fund endeavors to replicate the fluctuations, positive or negative, in the DBIQ Optimum Yield Precious Metals Index Excess Return. This performance is augmented by interest income derived primarily from the Fund's holdings of U.S. Treasury securities and money market instruments, after accounting for its operational expenses. It provides investors with a cost-efficient and convenient avenue to gain exposure to commodity futures. The underlying Index is a systematic benchmark composed of futures contracts on two key precious metals: gold and silver. Both the Fund and the Index are rebalanced and reconstituted each November. Due to its highly speculative trading within inherently volatile markets, this Fund carries significant risks and is not suitable for all investors. The substantial price movements characteristic of futures contracts can result in considerable financial losses.
Key statistics
Expense ratio
0.76%
Assets (AUM)
$215.9M
Holdings
5
NAV
$89.95
Avg. volume
14.59K
1-year price change
-4.65%
5-year price change
+78.32%
Price change excludes dividends.
Top 10 holdings
DBP holds 5 securities in total. These 10 are 182.9% of the fund.
Where the money is invested
Sectors
Countries
How to buy DBP from India
Indian residents can buy DBP 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 DBP 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 DBP and buy
Find the fund by its ticker, DBP, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your DBP position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying DBP from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- 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
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the DBP price today?
Invesco DB Precious Metals Fund (DBP) last traded at $90.38 on NYSE Arca, as of 11 Nov 2026, 9:50 AM ET. That is ₹8,492 a unit at the 10 Nov 2026 USD/INR rate.
When does DBP trade, in Indian time?
NYSE Arca trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is DBP, and what does it cost to hold?
Invesco DB Precious Metals Fund manages about $215.9M. Its expense ratio is 0.76% a year, deducted inside the fund. It launched in 2007.
What are DBP's largest holdings?
The top three are Invesco Government & Agency Portfolio (82.4%), COMEX Gold 100 Troy Ounces Future 12/29/2027 (62.1%) and COMEX Gold 100 Troy Ounces Future 12/29/2026 (15.4%). DBP's 10 largest positions make up 182.9% of the fund.
Does DBP pay dividends?
Yes. DBP is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on DBP 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.
Can I buy fractional units of DBP?
Yes. You can buy DBP by amount rather than by whole unit, and there is no minimum trade size.
How has DBP performed?
DBP's price is down 4.6% over the past year and up 78.3% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.