Defiance Gold Enhanced Options Income ETF
Defiance Gold Enhanced Options ETF (NASDAQ: GOLI) is an exchange-traded fund listed on NASDAQ, trading at $12.19 (about ₹1,171 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 1.04% and holds 11 securities. Indian residents can buy GOLI through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$12.12
Today's high
$12.24
52 week low
$5.55
52 week high
$18.52
GOLI opened at $12.13, closed previously at $12.05, and has traded between $5.55 and $18.52 over the past 52 weeks.
About
GLDY aims to generate monthly income through risk exposure to shares of GLD, a fund that tracks the gold spot price using physically held gold bars in London vaults. At least once a week, GLDY sells put options priced at-the-money or 0%-5% in-the-money, which places a cap on potential gains. The strategy may profit when GLDs share price increases, stays flat, or decreases slightly. However, the fund is subject to all potential losses if GLDs share price declines significantly, which may not be offset by the income received. The fund seeks to outperform relative to traditional option-based strategies with a typical duration of less than one week. GLDY does not invest directly in gold bullion or the underlying ETP. Due to the nature of its options strategy, the fund may occasionally hold GLD shares intending to be sold within the day to avoid tax implications. The fund will hold short-term US Treasurys as collateral. There is no guarantee the strategy will result in higher income.
Key statistics
Expense ratio
1.04%
Assets (AUM)
$22.6M
Holdings
11
NAV
$12.06
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
GOLI holds 11 securities in total. These 10 are 108.2% of the fund.
How to buy GOLI from India
Indian residents can buy GOLI 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.
Search GOLI and buy
Find the fund by its ticker, GOLI, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in GOLI from India
Trading and taxes when buying GOLI 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
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the GOLI price today?
Defiance Gold Enhanced Options ETF (GOLI) last traded at $12.19 on NASDAQ, as of 29 Sep 2026, 4:00 PM ET. That is ₹1,171 a unit at the 29 Sep 2026 USD/INR rate.
When does GOLI trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is GOLI, and what does it cost to hold?
Defiance Gold Enhanced Options ETF manages about $22.6M. Its expense ratio is 1.04% a year, deducted inside the fund. It launched in 2025.
What are GOLI's largest holdings?
The top three are United States Treasury Note/Bond 2.375% 05/15/2027 (32.0%), United States Treasury Bill 12/10/2026 (24.4%) and United States Treasury Bill 02/18/2027 (22.8%). GOLI's 10 largest positions make up 108.2% of the fund.
Does GOLI pay dividends?
Yes. GOLI 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 GOLI 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 GOLI?
Yes. You can buy GOLI by amount rather than by whole unit, and there is no minimum trade size.