SPDR Straits Times Index ETF
SPDR Straits Times Index ETF (SES: ES3) is an exchange-traded fund listed on the Singapore Exchange, trading at S$5.80 (about ₹434 a unit) as of 25 Sep 2026, 5:04 AM ET. It has an expense ratio of 0.28% and holds 31 securities. Indian residents can buy ES3 through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
S$5.75
Today's high
S$5.81
52 week low
S$4.32
52 week high
S$5.92
ES3 opened at S$5.75, closed previously at S$5.77, and has traded between S$4.32 and S$5.92 over the past 52 weeks.
About
The SPDR Straits Times Index Exchange Traded Fund (ETF) is an investment vehicle specifically designed to replicate the performance and returns of the Straits Times Index. This fund was established on April 4, 2002, and its principal operations are based in Singapore.
Key statistics
Expense ratio
0.28%
Assets (AUM)
S$4.1B
Holdings
31
NAV
S$5.79
Avg. volume
—
1-year price change
+33.64%
5-year price change
+85.90%
Price change excludes dividends.
Top 10 holdings
ES3 holds 31 securities in total. These 10 are 81.7% of the fund.
Where the money is invested
Sectors
Countries
How to buy ES3 from India
Indian residents can buy ES3 units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
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, and Interactive Brokers converts the dollars to SGD when you buy.
Search ES3 and buy
Find the fund by its ticker, ES3, on the Singapore Exchange, and place your order.
Read the full guide: how to invest in ES3 from India
Trading and taxes when buying ES3 from India
Trading and limits
- Trading hours
- 9:00 am – 5:00 pm SGT
- 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. Singapore levies 0% withholding tax on dividends from resident companies.Dividend tax explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the ES3 price today?
SPDR Straits Times Index ETF (ES3) last traded at S$5.80 on the Singapore Exchange, as of 25 Sep 2026, 5:04 AM ET. That is ₹434 a unit at the 26 Sep 2026 SGD/INR rate.
When does ES3 trade, in Indian time?
The Singapore Exchange trades 6:30 am – 2:30 pm IST. Orders can only execute during that window.
How big is ES3, and what does it cost to hold?
SPDR Straits Times Index ETF manages about S$4.1B. Its expense ratio is 0.28% a year, deducted inside the fund. It launched in 2002.
What are ES3's largest holdings?
The top three are DBS Group Holdings Ltd (29.7%), Oversea-Chinese Banking Corporation Limited (19.4%) and United Overseas Bank Limited (9.6%). ES3's 10 largest positions make up 81.7% of the fund.
Does ES3 pay dividends?
Yes. ES3 is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on ES3 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.
How has ES3 performed?
ES3's price is up 33.6% over the past year and up 85.9% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.