NASDAQ · ETF
Invest in CFO ETF from India
Indian and foreign residents can buy VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) units directly through Paasa.
By Paasa · Updated
CFO at a glance
- Price
- $78.03-$0.14 (0.18%)
- Expense ratio
- 0.39%
- Day range
- $77.66 – $78.16
- Assets
- $398.8M
- Domicile
- the US
- Holdings
- 502
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- -5.03%
- 6 months
- +7.08%
- YTD
- +4.85%
- 1 year
- +6.09%
- 5 years
- +9.67%
Price change, excluding dividends.
Top 10 holdings
- 1BERKSHIRE HATHAWAY INC B0.4%
- 2ATMOS ENERGY CORP0.4%
- 3WEC ENERGY GROUP0.4%
- 4EVERGY INC0.4%
- 5LOEWS CORP0.4%
- 6DUKE ENERGY CORP.0.4%
- 7FIRSTENERGY CORP.0.4%
- 8CONSOLIDATED EDISON INC.0.4%
- 9AFLAC INC0.4%
- 10ALLIANT ENERGY CORP.0.4%
CFO holds 502 securities in total. These 10 are 3.9% of the fund.
Where the money is invested
Sectors
- Financial Services18.9%
- Industrials17.3%
- Technology16.6%
- Healthcare10.6%
- Consumer Cyclical9.3%
- Utilities7.8%
Countries
- United States95.6%
- Ireland1.9%
- Bermuda0.9%
- Switzerland0.7%
- United Kingdom0.3%
- Other0.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| CFANASDAQVictoryShares US 500 Volatility Wtd ETF | 0.39% | 511.2M |
Assets are shown in each fund's own reporting currency.
How to invest in CFO 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 CFO and buy
Find the fund by its ticker, CFO, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in CFO from India
What CFO holds
The VictoryShares US 500 Enhanced Volatility Wtd ETF aims to mirror the investment performance of the Nasdaq Victory US Large Cap 500 Long/Cash Volatility Weighted Index (referred to as the Long/Cash Index), prior to any fees or expenses. This fund employs a distinctive volatility weighting approach, which integrates fundamental criteria to potentially outperform conventional market capitalization-weighted indexing strategies.
Hold a dollar asset
CFO 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.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one CFO unit. There is no minimum trade size.
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.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy CFO from India?
Yes. Indian residents can buy VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) through Paasa. It is listed on NASDAQ 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 CFO invest in?
VictoryShares US 500 Enhanced Volatility Wtd ETF holds 502 securities. Its largest holdings are BERKSHIRE HATHAWAY INC B (0.4%), ATMOS ENERGY CORP (0.4%) and WEC ENERGY GROUP (0.4%). Financial Services is its largest sector at 18.9%. It is a distributing fund domiciled in the US.
What is the expense ratio of CFO?
VictoryShares US 500 Enhanced Volatility Wtd ETF has an expense ratio of 0.39% a year, taken from the fund's assets rather than billed to you. The fund manages about $398.8M.
How are CFO dividends taxed in India?
VictoryShares US 500 Enhanced Volatility Wtd ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. 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. 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 CFO?
The US does not levy capital gains tax on shares for Indian residents. 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.
Can I buy a fraction of one CFO unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $78.03, and there is no minimum trade size.
What happens to my CFO units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.