WisdomTree Physical Precious Metals
WisdomTree Physical Precious Metals (LSE: PHPM) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $267.90 (about ₹25,724 a unit) as of 25 Sep 2026, 10:32 AM ET. It has an expense ratio of 0.44% and holds 4 securities. Indian residents can buy PHPM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$266.40
Today's high
$270.60
52 week low
$201.37
52 week high
$403.20
PHPM opened at $267.60, closed previously at $265.20, and has traded between $201.37 and $403.20 over the past 52 weeks.
About
The WisdomTree Physical Precious Metals fund is an Exchange Traded Commodity (ETC) structured to meet UCITS eligibility, offering investors a straightforward, economical, and secure avenue for gaining exposure to physical precious metals. Its performance closely tracks the spot market price movements of these metals, adjusted for its management fees. The ETC's value is underpinned by fully allocated physical precious metals, securely held by HSBC Bank plc, the designated custodian. Only metals adhering to the stringent "Good Delivery" standards established by the London Bullion Market Association (LBMA) and London Platinum and Palladium Association (LPPM) are accepted into custody. Each individual bar of metal is kept separate, uniquely identified, and specifically assigned. To illustrate its price mechanism: if the underlying physical precious metals appreciate by 1% in a single day, the ETC's value will typically increase by the same percentage, prior to fees. Conversely, a 1% decline in the metals' price would result in a corresponding 1% decrease in the ETC's value, also before fees.
Key statistics
Expense ratio
0.44%
Assets (AUM)
$353.2M
Holdings
4
NAV
$274.58
Avg. volume
—
1-year price change
+19.07%
5-year price change
+94.82%
Price change excludes dividends.
Top holding
PHPM holds 4 securities in total. These 1 are 100.0% of the fund.
How to buy PHPM from India
Indian residents can buy PHPM 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 PHPM and buy
Find the fund by its ticker, PHPM, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in PHPM from India
Trading and taxes when buying PHPM from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- 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
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the PHPM price today?
WisdomTree Physical Precious Metals (PHPM) last traded at $267.90 on the London Stock Exchange ETF segment, as of 25 Sep 2026, 10:32 AM ET. That is ₹25,724 a unit at the 24 Sep 2026 USD/INR rate.
When does PHPM trade, in Indian time?
The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
How big is PHPM, and what does it cost to hold?
WisdomTree Physical Precious Metals manages about $353.2M. Its expense ratio is 0.44% a year, deducted inside the fund. It launched in 2007.
What are PHPM's largest holdings?
Its largest holding is Precious Metals (100.0%).
How are gains on PHPM 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.
How has PHPM performed?
PHPM's price is up 19.1% over the past year and up 94.8% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.