Invesco Dorsey Wright Consumer Staples Momentum ETF
Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ: PSL) is an exchange-traded fund listed on NASDAQ, trading at $107.61 (about ₹10,322 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.76% and holds 48 securities. Indian residents can buy PSL through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$107.09
Today's high
$107.81
52 week low
$97.96
52 week high
$117.28
PSL opened at $107.35, closed previously at $107.72, and has traded between $97.96 and $117.28 over the past 52 weeks.
About
PSL provides an alternate take on US consumer staples firms. It starts its selection universe covering about 2,000 of the largest companies by market cap within the NASDAQ US Benchmark Index. The fund then follows the Dorsey-Wright Technical Leaders Indexs momentum-focused scoring scheme to narrow down its constituents to a minimum of 30. At the same time, this momentum score will also be the basis of their respective weightings. Meaning, securities that scored the highest receives greater weight in the index. This relative strength strategy aims to focus on securities performance when it comes to intermediate and long-term upward price movements as compared to a market benchmark. Index rebalancing and reconstitution occurs quarterly. Prior to August 28, 2023, the ETF's name was Invesco DWA Consumer Staples Momentum ETF.
Key statistics
Expense ratio
0.76%
Assets (AUM)
$77.6M
Holdings
48
NAV
$107.76
Avg. volume
—
1-year price change
-0.34%
5-year price change
+19.00%
Price change excludes dividends.
Top 10 holdings
PSL holds 48 securities in total. These 10 are 39.6% of the fund.
Where the money is invested
Sectors
Countries
How to buy PSL from India
Indian residents can buy PSL 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 PSL and buy
Find the fund by its ticker, PSL, 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 PSL from India
Trading and taxes when buying PSL 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 PSL price today?
Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL) last traded at $107.61 on NASDAQ, as of 25 Sep 2026, 4:00 PM ET. That is ₹10,322 a unit at the 25 Sep 2026 USD/INR rate.
When does PSL 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 PSL, and what does it cost to hold?
Invesco Dorsey Wright Consumer Staples Momentum ETF manages about $77.6M. Its expense ratio is 0.76% a year, deducted inside the fund. It launched in 2006.
What are PSL's largest holdings?
The top three are US Foods Holding Corp (5.0%), Costco Wholesale Corp (4.9%) and Church & Dwight Co Inc (4.7%). PSL's 10 largest positions make up 39.6% of the fund.
Does PSL pay dividends?
Yes. PSL 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 PSL 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 PSL?
Yes. You can buy PSL by amount rather than by whole unit, and there is no minimum trade size.
How has PSL performed?
PSL's price is down 0.3% over the past year and up 19.0% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.