London Stock Exchange ETF segment · UCITS ETF
Invest in ASDV ETF from India
Indian and foreign residents can buy State Street SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF (ASDV) units directly through Paasa.
By Paasa · Updated
ASDV at a glance
- Price
- $56.26-$0.49 (0.86%)
- Expense ratio
- 0.55%
- Day range
- $56.26 – $56.91
- Assets
- $246.1M
- Domicile
- Ireland
- Holdings
- 95
- Launched
- 2013
- Dividends
- Distributing
- 1 month
- -3.00%
- 6 months
- +1.64%
- YTD
- +3.21%
- 1 year
- +5.97%
- 5 years
- +17.06%
Price change, excluding dividends.
Top 10 holdings
- 1APA Group5.1%
- 2Bank of China Limited Class H5.1%
- 3CK Infrastructure Holdings Limited4.5%
- 4China Communications Services Corp. Ltd. Class H4.3%
- 5Bosideng International Holdings Limited4.1%
- 6Industrial and Commercial Bank of China Limited Class H4.0%
- 7Sonic Healthcare Limited4.0%
- 8Tsingtao Brewery Co. Ltd. Class H3.6%
- 9Wistron Corporation3.4%
- 10KrungThai Card Public Co. Ltd. NVDR3.4%
ASDV holds 95 securities in total. These 10 are 41.4% of the fund.
Where the money is invested
Sectors
- Financial Services32.5%
- Utilities13.3%
- Consumer Defensive9.0%
- Technology8.9%
- Communication Services7.9%
- Healthcare7.4%
Countries
- Japan30.3%
- China24.6%
- Australia24.0%
- Hong Kong9.9%
- Taiwan (Province of China)3.4%
- Thailand3.4%
How to invest in ASDV 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 ASDV and buy
Find the fund by its ticker, ASDV, on the London Stock Exchange ETF segment, and place your order.
Why invest in ASDV from India
What ASDV holds
This ETF aims to mirror the performance of equities from the Asia Pacific region that provide substantial dividend yields.
Outside US estate tax
ASDV is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
ASDV 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.
Why ASDV's UCITS structure matters for Indian investors
ASDV is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy ASDV from India?
Yes. Indian residents can buy State Street SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF (ASDV) 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 ASDV invest in?
State Street SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF holds 95 securities. Its largest holdings are APA Group (5.1%), Bank of China Limited Class H (5.1%) and CK Infrastructure Holdings Limited (4.5%). Financial Services is its largest sector at 32.5%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of ASDV?
State Street SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about $246.1M.
Is ASDV a UCITS ETF, and why does that matter for Indian investors?
Yes. State Street SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are ASDV dividends taxed in India?
State Street SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell ASDV?
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.