State Street SPDR S&P Capital Markets ETF
State Street SPDR S&P Capital Markets ETF (AMEX: KCE) is an exchange-traded fund listed on NYSE Arca, trading at $159.57 (about ₹15,041 a unit) as of 13 Nov 2026, 4:00 PM ET. It has an expense ratio of 0.35% and holds 66 securities. Indian residents can buy KCE through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$157.86
Today's high
$160.35
52 week low
$132.31
52 week high
$173.07
KCE opened at $160.34, closed previously at $159.42, and has traded between $132.31 and $173.07 over the past 52 weeks.
About
KCE offers an equal-weighted portfolio of capital markets companies. These companies are defined as those publicly-traded names that do business as broker-dealers, asset managers, trust and custody banks or exchanges. The passively-managed fund selects its constituents based on market cap and its equal-weighting strategy causes the fund to tilt much smaller than our benchmark, with all of the associated risks that go along with it. Although the fund launched in 2005, it underwent a material index change in October 2011. The fund's exposure is predominantly investment management companies such as State Street, Northern Trust, and Charles Schwab, and its concentrated portfolio is relatively evenly split between large-, mid-, and small-cap securities giving it exposure to the full size spectrum of capital markets companies. The underlying index is rebalanced quarterly. Prior to Oct. 31, 2025 the Issuer did not use the branding of State Street in the fund name.
Key statistics
Expense ratio
0.35%
Assets (AUM)
$449.8M
Holdings
66
NAV
$159.23
Avg. volume
28.65K
1-year price change
+10.35%
5-year price change
+45.04%
Price change excludes dividends.
Top 10 holdings
KCE holds 66 securities in total. These 10 are 19.5% of the fund.
Where the money is invested
Sectors
Countries
How to buy KCE from India
Indian residents can buy KCE 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 KCE 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 KCE and buy
Find the fund by its ticker, KCE, 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 KCE 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 KCE 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 KCE price today?
State Street SPDR S&P Capital Markets ETF (KCE) last traded at $159.57 on NYSE Arca, as of 13 Nov 2026, 4:00 PM ET. That is ₹15,041 a unit at the 14 Nov 2026 USD/INR rate.
When does KCE 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 KCE, and what does it cost to hold?
State Street SPDR S&P Capital Markets ETF manages about $449.8M. Its expense ratio is 0.35% a year, deducted inside the fund. It launched in 2005.
What are KCE's largest holdings?
The top three are DONNELLEY FINANCIAL SOLUTION (2.3%), TRADEWEB MARKETS INC CLASS A (2.1%) and CBOE GLOBAL MARKETS INC (2.0%). KCE's 10 largest positions make up 19.5% of the fund.
Does KCE pay dividends?
Yes. KCE 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 KCE 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 KCE?
Yes. You can buy KCE by amount rather than by whole unit, and there is no minimum trade size.
How has KCE performed?
KCE's price is up 10.4% over the past year and up 45.0% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.