Paasa Logo

NYSE Arca · ETF

Invest in EDIV ETF from India

Indian and foreign residents can buy State Street SPDR S&P Emerging Markets Dividend ETF (EDIV) units directly through Paasa.

By Paasa · Updated

EDIV at a glance

Price
$40.79+$0.14 (0.33%)
Expense ratio
0.49%
Day range
$40.67 – $40.90
Assets
$1.2B
Domicile
the US
Holdings
104
Launched
2011
Dividends
Distributing
1 month
-3.05%
6 months
+4.68%
YTD
+3.73%
1 year
+5.31%
5 years
+37.28%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1ENN ENERGY HOLDINGS LTD2688.HK3.2%
  2. 2NEDBANK GROUP LTDNED3.0%
  3. 3WH GROUP LTD0288.HK2.2%
  4. 4BANCO SANTANDER BRASIL UNITSANB11.SA2.1%
  5. 5CIMB GROUP HOLDINGS BHDCIMB2.1%
  6. 6CHINA TOWER CORP LTD H0788.HK2.1%
  7. 7MALAYAN BANKING BHDMAYBANK2.0%
  8. 8THE SHANGHAI COMMERCIAL + SA5876.TW2.0%
  9. 9SANLAM LTDSLMj2.0%
  10. 10ASIA CEMENT CORP1102.TW1.9%

EDIV holds 104 securities in total. These 10 are 22.7% of the fund.

Where the money is invested

Sectors

  • Financial Services29.2%
  • Communication Services17.2%
  • Consumer Defensive13.7%
  • Consumer Cyclical7.3%
  • Technology7.2%
  • Industrials7.1%

Countries

  • Taiwan23.4%
  • Malaysia12.6%
  • South Africa12.5%
  • China8.8%
  • United Arab Emirates5.5%
  • Thailand5.3%

How to invest in EDIV from India

  1. 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.

  2. 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.

  3. Step 3

    Search EDIV and buy

    Find the fund by its ticker, EDIV, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.

Why invest in EDIV from India

What EDIV holds

The State Street SPDR S&P Emerging Markets Dividend ETF (EDIV) aims to mirror the total return performance of the S&P Emerging Markets Dividend Opportunities Index, prior to deducting its operating fees and expenses. The fund provides investment in 100 emerging market companies, specifically those identified as having the strongest risk-adjusted dividend yields after satisfying stringent stability and dividend growth criteria.

Hold a dollar asset

EDIV 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 EDIV 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.

How US estate tax works See UCITS options

Frequently asked questions

Can I buy EDIV from India?

Yes. Indian residents can buy State Street SPDR S&P Emerging Markets Dividend ETF (EDIV) through Paasa. It is listed on NYSE Arca 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 EDIV invest in?

State Street SPDR S&P Emerging Markets Dividend ETF holds 104 securities. Its largest holdings are ENN ENERGY HOLDINGS LTD (3.2%), NEDBANK GROUP LTD (3.0%) and WH GROUP LTD (2.2%). Financial Services is its largest sector at 29.2%. It is a distributing fund domiciled in the US.

What is the expense ratio of EDIV?

State Street SPDR S&P Emerging Markets Dividend 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 $1.2B.

How are EDIV dividends taxed in India?

State Street SPDR S&P Emerging Markets Dividend 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 EDIV?

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 EDIV unit?

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $40.79, and there is no minimum trade size.

What happens to my EDIV 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.

Share this guide
Get started

Build wealth in dollars, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you