NYSE Arca · ETF
Invest in ELD ETF from India
Indian and foreign residents can buy WisdomTree Emerging Markets Local Debt Fund (ELD) units directly through Paasa.
By Paasa · Updated
ELD at a glance
- Price
- $28.13+$0.03 (0.11%)
- Expense ratio
- 0.55%
- Day range
- $28.01 – $28.13
- Assets
- $139.5M
- Domicile
- the US
- Holdings
- 224
- Launched
- 2010
- Dividends
- Distributing
- 1 month
- -3.17%
- 6 months
- +1.11%
- YTD
- -3.50%
- 1 year
- -1.82%
- 5 years
- -10.70%
Price change, excluding dividends.
Top 10 holdings
- 1TRI-PARTY CITIGROUP GLOBAL MARKETS8.9%
- 2CASH-US DOLLAR2.1%
- 3NOTA DO TESOURO NACIONAL 10 1/1/20312.0%
- 4INTL FINANCE CORP 7 7/20/20271.3%
- 5BONOS DE TESORERIA 7.6 8/12/20391.2%
- 6NOTA DO TESOURO NACIONAL 10 1/1/20291.2%
- 7HUNGARY GOVERNMENT BOND 6.75 7/23/20311.2%
- 8INTL FINANCE CORP 6.75 9/23/20311.1%
- 9TITULOS DE TESORERIA 11 8/22/20291.1%
- 10REPUBLIC OF SOUTH AFRICA 10 3/31/20331.0%
ELD holds 224 securities in total. These 10 are 21.2% of the fund.
Where the money is invested
Countries
- Other12.2%
- China11.3%
- Brazil8.1%
- Indonesia7.3%
- South Africa7.2%
- Mexico6.2%
How to invest in ELD 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 ELD and buy
Find the fund by its ticker, ELD, 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 ELD from India
What ELD holds
WisdomTree Trust - WisdomTree Emerging Markets Local Debt Fund is an exchange traded fund launched by WisdomTree, Inc. The fund is co-managed by WisdomTree Asset Management, Inc. and Mellon Investments Corporation. It invests in fixed income markets of global emerging region.
Hold a dollar asset
ELD 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 ELD 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 ELD from India?
Yes. Indian residents can buy WisdomTree Emerging Markets Local Debt Fund (ELD) 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 ELD invest in?
WisdomTree Emerging Markets Local Debt Fund holds 224 securities. Its largest holdings are TRI-PARTY CITIGROUP GLOBAL MARKETS (8.9%), CASH-US DOLLAR (2.1%) and NOTA DO TESOURO NACIONAL 10 1/1/2031 (2.0%). It is a distributing fund domiciled in the US.
What is the expense ratio of ELD?
WisdomTree Emerging Markets Local Debt Fund has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about $139.5M.
How are ELD dividends taxed in India?
WisdomTree Emerging Markets Local Debt Fund 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 ELD?
The US does not levy capital gains tax on shares for Indian residents. Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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 ELD unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $28.13, and there is no minimum trade size.
What happens to my ELD 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.