NYSE Arca · ETF
Invest in EFIV ETF from India
Indian and foreign residents can buy State Street SPDR S&P 500 ESG ETF (EFIV) units directly through Paasa.
By Paasa · Updated
EFIV at a glance
- Price
- $74.63+$0.53 (0.72%)
- Expense ratio
- 0.1%
- Day range
- $74.12 – $74.68
- Assets
- $1.0B
- Domicile
- the US
- Holdings
- 325
- Launched
- 2020
- Dividends
- Distributing
- 1 month
- -0.64%
- 6 months
- +17.38%
- YTD
- +12.07%
- 1 year
- +18.86%
- 5 years
- +79.57%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORPNVDA13.4%
- 2MICROSOFT CORPMSFT9.1%
- 3ALPHABET INC CL AGOOGL5.0%
- 4ALPHABET INC CL CGOOG4.0%
- 5MICRON TECHNOLOGY INCMU3.0%
- 6ELI LILLY + COLLY2.3%
- 7INTEL CORPINTC1.6%
- 8VISA INC CLASS A SHARESV1.5%
- 9WALMART INCWMT1.2%
- 10ABBVIE INCABBV1.2%
EFIV holds 325 securities in total. These 10 are 42.3% of the fund.
Where the money is invested
Countries
- United States96.9%
- Ireland1.8%
- United Kingdom0.7%
- Switzerland0.4%
- Netherlands0.1%
- Bermuda0.1%
How to invest in EFIV 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 EFIV and buy
Find the fund by its ticker, EFIV, 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 EFIV from India
What EFIV holds
EFIV is an exchange-traded fund engineered to closely mirror the investment performance of the S&P 500 Scored & Screened Index, excluding fees and operating costs. Its underlying index strategically selects companies from the S&P 500 based on their environmental, social, and governance (ESG) factors, all while ensuring its sector weighting closely aligns with that of the broader S&P 500 Index.
Hold a dollar asset
EFIV 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 EFIV 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 EFIV from India?
Yes. Indian residents can buy State Street SPDR S&P 500 ESG ETF (EFIV) 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 EFIV invest in?
State Street SPDR S&P 500 ESG ETF holds 325 securities. Its largest holdings are NVIDIA CORP (13.4%), MICROSOFT CORP (9.1%) and ALPHABET INC CL A (5.0%). It is a distributing fund domiciled in the US.
What is the expense ratio of EFIV?
State Street SPDR S&P 500 ESG ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.0B.
How are EFIV dividends taxed in India?
State Street SPDR S&P 500 ESG 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 EFIV?
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 EFIV unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $74.63, and there is no minimum trade size.
What happens to my EFIV 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.