London Stock Exchange ETF segment · ETF
Invest in AIPO ETF from India
Indian and foreign residents can buy Defiance AI & Power Infrastructure ETF (AIPO) units directly through Paasa.
By Paasa · Updated
AIPO at a glance
- Price
- $8.53+$0.15 (1.84%)
- Expense ratio
- 0.69%
- Day range
- $8.36 – $8.62
- Assets
- $68.2M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2026
- Dividends
- Accumulating
Top 10 holdings
- 1EATON CORP PLCETN8.5%
- 2QUANTA SERVICES INCPWR8.1%
- 3GE VERNOVA INCGEV8.0%
- 4VERTIV HOLDINGS CO-AVRT6.5%
- 5BLOOM ENERGY CORP- ABE5.2%
- 6ALPHABET INC-CL AGOOGL4.1%
- 7NVIDIA CORPNVDA4.1%
- 8BROADCOM INCAVGO3.9%
- 9CAMECO CORPCCJ3.5%
- 10CONSTELLATION ENERGYCEG3.1%
These 10 are 55.0% of the fund.
Where the money is invested
Sectors
- Industrials54.1%
- Utilities17.0%
- Technology16.5%
- Energy8.2%
- Financial Services2.6%
- Real Estate1.1%
Countries
- United States81.7%
- Ireland8.5%
- Canada4.7%
- United Kingdom2.6%
- China0.7%
- Netherlands0.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| AIPONASDAQDefiance AI & Power Infrastructure ETF | 0.69% | 935.1M |
Assets are shown in each fund's own reporting currency.
How to invest in AIPO from India
Step 1
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.
Step 2
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.
Step 3
Search AIPO and buy
Find the fund by its ticker, AIPO, on the London Stock Exchange ETF segment, and place your order.
Why invest in AIPO from India
What AIPO holds
The investment objective of the Sub-Fund is to track the price and the performance, before fees and expenses, of an index that is designed to measure the performance of companies driving artificial intelligence (AI) systems and the essential energy to power these systems, including power generation, utilities, data centres, and AI hardware.
Dividends reinvested for you
Dividends from AIPO's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
AIPO is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy AIPO from India?
Yes. Indian residents can buy Defiance AI & Power Infrastructure ETF (AIPO) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does AIPO invest in?
Its largest holdings are EATON CORP PLC (8.5%), QUANTA SERVICES INC (8.1%) and GE VERNOVA INC (8.0%). Industrials is its largest sector at 54.1%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of AIPO?
Defiance AI & Power Infrastructure ETF has an expense ratio of 0.69% a year, taken from the fund's assets rather than billed to you. The fund manages about $68.2M.
Does AIPO pay dividends?
No. Defiance AI & Power Infrastructure ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell AIPO?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.