SP Funds S&P Global Technology ETF
SP Funds S&P Global Technology ETF (AMEX: SPTE) is an exchange-traded fund listed on NYSE Arca, trading at $43.62 (about ₹4,102 a unit) as of 9 Nov 2026, 1:56 PM ET. It has an expense ratio of 0.55% and holds 100 securities. Indian residents can buy SPTE through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$42.56
Today's high
$43.76
52 week low
$32.74
52 week high
$52.38
SPTE opened at $42.56, closed previously at $42.16, and has traded between $32.74 and $52.38 over the past 52 weeks.
About
SPTE is an ETF designed to track a global index composed of leading information technology companies, all rigorously screened for adherence to Shariah principles. The fund strictly excludes businesses involved in activities deemed non-compliant with Islamic law, such as gambling, tobacco, or alcohol production and sales. Furthermore, companies with financial leverage that contravenes Shariah regulations are also omitted from the index. The benchmark employs a float-adjusted market capitalization weighting system, with individual issuer allocations capped at 10% and country allocations limited to 50%. SPTE also has the flexibility to invest up to 20% of its assets in other Shariah-compliant securities not directly part of the index, based on adviser recommendations, to help maintain alignment with the index's performance. The overall objective of SPTE is to provide balanced exposure to the technology sector while upholding Shariah guidelines and delivering consistent returns akin to its underlying index.
Key statistics
Expense ratio
0.55%
Assets (AUM)
$223.5M
Holdings
100
NAV
$41.20
Avg. volume
53.19K
1-year price change
+24.70%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
SPTE holds 100 securities in total. These 10 are 66.1% of the fund.
Where the money is invested
Sectors
Countries
How to buy SPTE from India
Indian residents can buy SPTE 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 SPTE 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 SPTE and buy
Find the fund by its ticker, SPTE, 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 SPTE 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 SPTE 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 SPTE price today?
SP Funds S&P Global Technology ETF (SPTE) last traded at $43.62 on NYSE Arca, as of 9 Nov 2026, 1:56 PM ET. That is ₹4,102 a unit at the 8 Nov 2026 USD/INR rate.
When does SPTE 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 SPTE, and what does it cost to hold?
SP Funds S&P Global Technology ETF manages about $223.5M. Its expense ratio is 0.55% a year, deducted inside the fund. It launched in 2023.
What are SPTE's largest holdings?
The top three are Apple Inc (13.0%), Taiwan Semiconductor Manufacturing Co Ltd (11.6%) and NVIDIA Corp (10.9%). SPTE's 10 largest positions make up 66.1% of the fund.
Does SPTE pay dividends?
Yes. SPTE 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 SPTE 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 SPTE?
Yes. You can buy SPTE by amount rather than by whole unit, and there is no minimum trade size.
How has SPTE performed?
SPTE's price is up 24.7% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.