State Street SPDR S&P Emerging Asia Pacific ETF
State Street SPDR S&P Emerging Asia Pacific ETF (AMEX: GMF) is an exchange-traded fund listed on NYSE Arca, trading at $147.70 (about ₹13,891 a unit) as of 9 Nov 2026, 4:00 PM ET. It has an expense ratio of 0.49% and holds 1,306 securities. Indian residents can buy GMF through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$147.05
Today's high
$147.70
52 week low
$131.89
52 week high
$161.39
GMF opened at $147.05, closed previously at $143.87, and has traded between $131.89 and $161.39 over the past 52 weeks.
About
The State Street SPDR S&P Emerging Asia Pacific ETF (GMF) aims to closely track the overall return performance of the S&P Emerging Asia Pacific BMI Index, prior to accounting for its operational fees and expenses. This fund provides extensive exposure to the burgeoning economies across the Asia Pacific region, offering investors a tool to implement either long-term strategic allocations or more agile tactical adjustments within this market. A key benefit is its potential to diminish risks tied to the performance of any single country by diversifying investments across multiple nations.
Key statistics
Expense ratio
0.49%
Assets (AUM)
$373.6M
Holdings
1,306
NAV
$143.69
Avg. volume
8.58K
1-year price change
+5.84%
5-year price change
+16.03%
Price change excludes dividends.
Top 10 holdings
GMF holds 1,306 securities in total. These 10 are 29.8% of the fund.
Where the money is invested
Sectors
Countries
How to buy GMF from India
Indian residents can buy GMF 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 GMF 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 GMF and buy
Find the fund by its ticker, GMF, 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 GMF 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 GMF 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 GMF price today?
State Street SPDR S&P Emerging Asia Pacific ETF (GMF) last traded at $147.70 on NYSE Arca, as of 9 Nov 2026, 4:00 PM ET. That is ₹13,891 a unit at the 8 Nov 2026 USD/INR rate.
When does GMF 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 GMF, and what does it cost to hold?
State Street SPDR S&P Emerging Asia Pacific ETF manages about $373.6M. Its expense ratio is 0.49% a year, deducted inside the fund. It launched in 2007.
What are GMF's largest holdings?
The top three are TAIWAN SEMICONDUCTOR MANUFAC (9.2%), TAIWAN SEMICONDUCTOR SP ADR (6.9%) and TENCENT HOLDINGS LTD (3.5%). GMF's 10 largest positions make up 29.8% of the fund.
Does GMF pay dividends?
Yes. GMF 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 GMF 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 GMF?
Yes. You can buy GMF by amount rather than by whole unit, and there is no minimum trade size.
How has GMF performed?
GMF's price is up 5.8% over the past year and up 16.0% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.