NASDAQ · ETF
Invest in DVAL ETF from India
Indian and foreign residents can buy BrandywineGLOBAL-Dynamic US Large Value ETF (DVAL) units directly through Paasa.
By Paasa · Updated
DVAL at a glance
- Price
- $15.76-$0.05 (0.29%)
- Expense ratio
- 0.49%
- Day range
- $15.71 – $15.78
- Assets
- $67.3M
- Domicile
- the US
- Holdings
- 100
- Launched
- 2006
- Dividends
- Accumulating
- 1 month
- -5.32%
- 6 months
- +8.42%
- YTD
- +8.80%
- 1 year
- +8.42%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1CISCO SYSTEMS INC4.1%
- 2BANK OF AMERICA CORP3.9%
- 3WELLS FARGO & CO3.7%
- 4GENERAL ELECTRIC3.5%
- 5UNITED PARCEL SERVICE-CL3.4%
- 6APPLE INC3.1%
- 7THE CIGNA GROUP3.0%
- 8VERIZON COMMUNICATIONS IN3.0%
- 9AMAZON.COM INC2.9%
- 10BRISTOL-MYERS SQUIBB CO2.7%
DVAL holds 100 securities in total. These 10 are 33.4% of the fund.
Where the money is invested
Sectors
- Financial Services29.4%
- Technology13.6%
- Industrials12.0%
- Healthcare11.8%
- Consumer Cyclical10.2%
- Communication Services8.7%
Countries
- United States96.1%
- Bermuda2.2%
- Brazil0.6%
- Ireland0.5%
- Other0.5%
How to invest in DVAL 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 DVAL and buy
Find the fund by its ticker, DVAL, 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 DVAL from India
What DVAL holds
This fund aims to achieve significant long-term growth for its investors. It does so by employing a systematic, data-driven methodology to select investments among large, established U.S. companies' stocks.
Dividends reinvested for you
Dividends from DVAL'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
DVAL 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 DVAL 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 DVAL from India?
Yes. Indian residents can buy BrandywineGLOBAL-Dynamic US Large Value ETF (DVAL) 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 DVAL invest in?
BrandywineGLOBAL-Dynamic US Large Value ETF holds 100 securities. Its largest holdings are CISCO SYSTEMS INC (4.1%), BANK OF AMERICA CORP (3.9%) and WELLS FARGO & CO (3.7%). Financial Services is its largest sector at 29.4%. It is an accumulating fund domiciled in the US.
What is the expense ratio of DVAL?
BrandywineGLOBAL-Dynamic US Large Value ETF has an expense ratio of 0.49% a year, taken from the fund's assets rather than billed to you. The fund manages about $67.3M.
Does DVAL pay dividends?
No. BrandywineGLOBAL-Dynamic US Large Value 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 DVAL?
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 DVAL unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $15.76, and there is no minimum trade size.
What happens to my DVAL 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.