State Street SPDR Portfolio TIPS ETF
State Street SPDR Portfolio TIPS ETF (AMEX: SPIP) is an exchange-traded fund listed on NYSE Arca, trading at $24.82 (about ₹2,334 a unit) as of 6 Nov 2026, 4:00 PM ET. It has an expense ratio of 0.12% and holds 60 securities. Indian residents can buy SPIP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.79
Today's high
$24.88
52 week low
$24.28
52 week high
$26.58
SPIP opened at $24.83, closed previously at $24.82, and has traded between $24.28 and $26.58 over the past 52 weeks.
About
The State Street SPDR Portfolio TIPS ETF aims to replicate the investment performance—both in terms of price movement and income generation—of the Bloomberg U.S. Government Inflation-Linked Bond Index. This cost-efficient exchange-traded fund offers investors direct exposure to U.S. Treasury Inflation Protected Securities (TIPS), which are government-issued debt instruments specifically designed to safeguard against the erosion of purchasing power due to inflation. Its core objective is to provide a hedge, protecting capital from the detrimental effects of rising prices. This ETF is an integral part of the economical State Street SPDR Portfolio lineup, a series of foundational investment vehicles crafted to offer extensive and diversified access to key asset classes.
Key statistics
Expense ratio
0.12%
Assets (AUM)
$1.1B
Holdings
60
NAV
$24.82
Avg. volume
506.94K
1-year price change
-5.34%
5-year price change
-22.24%
Price change excludes dividends.
Top 10 holdings
SPIP holds 60 securities in total. These 10 are 32.4% of the fund.
Where the money is invested
Countries
How to buy SPIP from India
Indian residents can buy SPIP 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 SPIP 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 SPIP and buy
Find the fund by its ticker, SPIP, on NYSE Arca, 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 SPIP 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 SPIP 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
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate 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 SPIP price today?
State Street SPDR Portfolio TIPS ETF (SPIP) last traded at $24.82 on NYSE Arca, as of 6 Nov 2026, 4:00 PM ET. That is ₹2,334 a unit at the 8 Nov 2026 USD/INR rate.
When does SPIP trade, in Indian time?
NYSE Arca 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 SPIP, and what does it cost to hold?
State Street SPDR Portfolio TIPS ETF manages about $1.1B. Its expense ratio is 0.12% a year, deducted inside the fund. It launched in 2007.
What are SPIP's largest holdings?
The top three are TSY INFL IX N/B 01/35 2.125 (3.5%), TSY INFL IX N/B 07/35 1.875 (3.5%) and TSY INFL IX N/B 07/34 1.875 (3.4%). SPIP's 10 largest positions make up 32.4% of the fund.
Does SPIP pay dividends?
Yes. SPIP is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on SPIP taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of SPIP?
Yes. You can buy SPIP by amount rather than by whole unit, and there is no minimum trade size.
How has SPIP performed?
SPIP's price is down 5.3% over the past year and down 22.2% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.