Vanguard S&P Mid-Cap 400 Value ETF
Vanguard S&P Mid- 400 Value ETF (AMEX: IVOV) is an exchange-traded fund listed on NYSE Arca, trading at $109.04 (about ₹10,455 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.1% and holds 298 securities. Indian residents can buy IVOV through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$108.47
Today's high
$109.33
52 week low
$96.11
52 week high
$117.42
IVOV opened at $108.59, closed previously at $108.46, and has traded between $96.11 and $117.42 over the past 52 weeks.
About
This exchange-traded fund (ETF) is designed to replicate the performance of the S&P MidCap 400 Value Index, an index composed of value-oriented companies within the broader S&P 400. Its primary objective is to closely match the returns of this index, which acts as a representative measure for the overall market performance of U.S. mid-capitalization value stocks. Investors can expect a notable upside potential for growth, though its share price typically exhibits greater volatility compared to bond-focused investments. Therefore, this fund is particularly well-suited for long-range investment objectives where capital growth is a crucial factor. It is important to note that on March 14, 2023, the ETF underwent a two-for-one share split, resulting in a reduced price per share and a proportional increase in the total number of outstanding shares. Historical share price data may not always reflect this adjustment unless designated as market data; nevertheless, the overall investment returns are unaffected by this split.
Key statistics
Expense ratio
0.1%
Assets (AUM)
$1.5B
Holdings
298
NAV
$109.06
Avg. volume
—
1-year price change
+8.26%
5-year price change
+33.35%
Price change excludes dividends.
Top 10 holdings
IVOV holds 298 securities in total. These 10 are 10.5% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy IVOV from India
Indian residents can buy IVOV 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 IVOV and buy
Find the fund by its ticker, IVOV, on NYSE Arca, 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 IVOV from India
Trading and taxes when buying IVOV 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
- 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.
- 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 IVOV price today?
Vanguard S&P Mid- 400 Value ETF (IVOV) last traded at $109.04 on NYSE Arca, as of 25 Sep 2026, 4:00 PM ET. That is ₹10,455 a unit at the 26 Sep 2026 USD/INR rate.
When does IVOV trade, in Indian time?
NYSE Arca 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 IVOV, and what does it cost to hold?
Vanguard S&P Mid- 400 Value ETF manages about $1.5B. Its expense ratio is 0.1% a year, deducted inside the fund. It launched in 2010.
What are IVOV's largest holdings?
The top three are US Foods Holding Corp (1.3%), Reliance Inc (1.1%) and TD SYNNEX Corp (1.1%). IVOV's 10 largest positions make up 10.5% of the fund.
Does IVOV pay dividends?
No. IVOV is an accumulating fund: dividends from its holdings are reinvested inside the fund, so nothing is paid out to you.
How are gains on IVOV 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 IVOV?
Yes. You can buy IVOV by amount rather than by whole unit, and there is no minimum trade size.
How has IVOV performed?
IVOV's price is up 8.3% over the past year and up 33.3% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.