Sprott Nickel Miners ETF
Sprott Nickel Miners ETF (NASDAQ: NIKL) is an exchange-traded fund listed on NASDAQ, trading at $11.07 (about ₹1,041 a unit) as of 9 Nov 2026, 4:00 PM ET. It has an expense ratio of 0.75% and holds 26 securities. Indian residents can buy NIKL through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$10.85
Today's high
$11.10
52 week low
$10.16
52 week high
$21.86
NIKL opened at $10.85, closed previously at $10.54, and has traded between $10.16 and $21.86 over the past 52 weeks.
About
NIKL provides pure-play exposure to nickel mining companies. The narrow portfolio typically holds 20 to 35 US and foreign firms that derive at least 50% of their revenue and/or assets from mining, exploration, development, and production of nickel. The fund also includes companies that invest all or a significant portion of their assets in nickel. The initial selection universe is determined using a proprietary selection methodology that may involve industry publications review and fundamental research. Eligible securities that meet the minimum market-cap and liquidity requirements are selected for index inclusion. Each constituent is assigned an intensity score depending on its revenue percentage attributable to nickel. While the index is market cap-weighted, several capping rules are implemented based on the securities initial weights for portfolio diversification. The index is reconstituted and rebalanced semi-annually in June and December.
Key statistics
Expense ratio
0.75%
Assets (AUM)
$38.6M
Holdings
26
NAV
$10.53
Avg. volume
48.47K
1-year price change
-17.39%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
NIKL holds 26 securities in total. These 10 are 73.7% of the fund.
Where the money is invested
Sectors
Countries
How to buy NIKL from India
Indian residents can buy NIKL 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 NIKL 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 NIKL and buy
Find the fund by its ticker, NIKL, on NASDAQ, 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 NIKL 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 NIKL 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 NIKL price today?
Sprott Nickel Miners ETF (NIKL) last traded at $11.07 on NASDAQ, as of 9 Nov 2026, 4:00 PM ET. That is ₹1,041 a unit at the 8 Nov 2026 USD/INR rate.
When does NIKL trade, in Indian time?
NASDAQ 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 NIKL, and what does it cost to hold?
Sprott Nickel Miners ETF manages about $38.6M. Its expense ratio is 0.75% a year, deducted inside the fund. It launched in 2023.
What are NIKL's largest holdings?
The top three are ANTAM Persero Tbk PT (16.3%), Nickel Industries Ltd. (12.1%) and Merdeka Battery Materials Tbk PT (8.7%). NIKL's 10 largest positions make up 73.7% of the fund.
Does NIKL pay dividends?
Yes. NIKL 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 NIKL 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 NIKL?
Yes. You can buy NIKL by amount rather than by whole unit, and there is no minimum trade size.
How has NIKL performed?
NIKL's price is down 17.4% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.