Sprott Lithium Miners ETF
Sprott Lithium Miners ETF (NASDAQ: LITP) is an exchange-traded fund listed on NASDAQ, trading at $9.39 (about ₹902 a unit) as of 29 Sep 2026, 11:10 AM ET. It has an expense ratio of 0.65% and holds 38 securities. Indian residents can buy LITP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$9.32
Today's high
$9.45
52 week low
$8.85
52 week high
$18.56
LITP opened at $9.34, closed previously at $9.28, and has traded between $8.85 and $18.56 over the past 52 weeks.
About
The Sprott Lithium Miners ETF (LITP) offers a dedicated investment vehicle for companies operating within the global lithium industry. It aims to facilitate the transition to a less carbon-intensive economy by providing focused exposure to this critical sector. The fund invests in a concentrated portfolio of 40-50 U.S. and international firms. These companies are primarily engaged in the mining, exploration, development, or production of lithium, or derive at least 50% of their revenue from such activities. Inclusion in the ETF is determined through a proprietary selection methodology, which integrates comprehensive industry publication analysis with thorough fundamental research. All qualifying securities must meet specific minimum market capitalization and liquidity criteria before becoming constituents. An intensity score is assigned to each company, reflecting the percentage of its revenue attributed to lithium operations. While the index is primarily weighted by market capitalization, specific capping rules are applied to initial allocations to ensure a well-diversified portfolio. The index undergoes semi-annual reconstitution and rebalancing, typically occurring in June and December.
Key statistics
Expense ratio
0.65%
Assets (AUM)
$33.5M
Holdings
38
NAV
$9.28
Avg. volume
—
1-year price change
+3.41%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
LITP holds 38 securities in total. These 10 are 68.5% of the fund.
Where the money is invested
Countries
How to buy LITP from India
Indian residents can buy LITP 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 LITP and buy
Find the fund by its ticker, LITP, 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 LITP from India
Trading and taxes when buying LITP 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 LITP price today?
Sprott Lithium Miners ETF (LITP) last traded at $9.39 on NASDAQ, as of 29 Sep 2026, 11:10 AM ET. That is ₹902 a unit at the 28 Sep 2026 USD/INR rate.
When does LITP 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 LITP, and what does it cost to hold?
Sprott Lithium Miners ETF manages about $33.5M. Its expense ratio is 0.65% a year, deducted inside the fund. It launched in 2023.
What are LITP's largest holdings?
The top three are Sociedad Quimica y Minera de Chile SA (10.4%), Albemarle Corp. (9.9%) and Ganfeng Lithium Group Co. Ltd. (9.3%). LITP's 10 largest positions make up 68.5% of the fund.
Does LITP pay dividends?
Yes. LITP 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 LITP 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 LITP?
Yes. You can buy LITP by amount rather than by whole unit, and there is no minimum trade size.
How has LITP performed?
LITP's price is up 3.4% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.