Vanguard Morningstar Mega Cap Value ETF
Vanguard Morningstar Mega Value ETF (AMEX: MGV) is an exchange-traded fund listed on NYSE Arca, trading at $162.88 (about ₹15,648 a unit) as of 28 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.05% and holds 127 securities. Indian residents can buy MGV through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$162.61
Today's high
$163.42
52 week low
$135.26
52 week high
$169.84
MGV opened at $163.38, closed previously at $164.64, and has traded between $135.26 and $169.84 over the past 52 weeks.
About
This ETF is designed to mirror the performance of the CRSP US Mega Cap Value Index. It operates with a fully replicative, passive investment strategy. The fund provides investors with a straightforward avenue to secure diversified exposure across the largest value-oriented corporations in the American stock market.
Key statistics
Expense ratio
0.05%
Assets (AUM)
$13.9B
Holdings
127
NAV
$162.83
Avg. volume
—
1-year price change
+18.16%
5-year price change
+63.83%
Price change excludes dividends.
Top 10 holdings
MGV holds 127 securities in total. These 10 are 28.6% of the fund.
Where the money is invested
Sectors
Countries
How to buy MGV from India
Indian residents can buy MGV 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 MGV and buy
Find the fund by its ticker, MGV, 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 MGV from India
Trading and taxes when buying MGV 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 MGV price today?
Vanguard Morningstar Mega Value ETF (MGV) last traded at $162.88 on NYSE Arca, as of 28 Sep 2026, 4:00 PM ET. That is ₹15,648 a unit at the 28 Sep 2026 USD/INR rate.
When does MGV 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 MGV, and what does it cost to hold?
Vanguard Morningstar Mega Value ETF manages about $13.9B. Its expense ratio is 0.05% a year, deducted inside the fund. It launched in 2007.
What are MGV's largest holdings?
The top three are Micron Technology Inc (5.0%), JPMorgan Chase & Co (4.4%) and Berkshire Hathaway Inc (3.3%). MGV's 10 largest positions make up 28.6% of the fund.
Does MGV pay dividends?
No. MGV is an accumulating fund: dividends from its holdings are reinvested inside the fund, so nothing is paid out to you.
How are gains on MGV 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 MGV?
Yes. You can buy MGV by amount rather than by whole unit, and there is no minimum trade size.
How has MGV performed?
MGV's price is up 18.2% over the past year and up 63.8% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.