NYSE Arca · ETF
Invest in EVX ETF from India
Indian and foreign residents can buy VanEck Environmental Services ETF (EVX) units directly through Paasa.
By Paasa · Updated
EVX at a glance
- Price
- $39.41+$0.33 (0.83%)
- Expense ratio
- 0.55%
- Day range
- $39.07 – $39.42
- Assets
- $96.4M
- Domicile
- the US
- Holdings
- 27
- Launched
- 2006
- Dividends
- Distributing
- 1 month
- -3.97%
- 6 months
- +3.09%
- YTD
- +1.97%
- 1 year
- +2.47%
- 5 years
- +31.81%
Price change, excluding dividends.
Top 10 holdings
- 1Ecolab IncECL8.3%
- 2Waste Management IncWM7.9%
- 3Republic Services IncRSG6.9%
- 4Waste Connections IncWCN6.5%
- 5Veolia Environnement SaVIE.PA6.0%
- 6Xylem Inc/NyXYL5.4%
- 7Veralto CorpVLTO5.2%
- 8Clean Harbors IncCLH4.6%
- 9Gfl Environmental IncGFL4.6%
- 10Advanced Drainage Systems IncWMS4.5%
EVX holds 27 securities in total. These 10 are 60.0% of the fund.
Where the money is invested
Sectors
- Industrials85.1%
- Basic Materials8.3%
- Consumer Defensive5.0%
- Utilities1.6%
Countries
- United States72.6%
- Japan9.9%
- Canada6.4%
- France5.9%
- United Kingdom1.9%
- Netherlands1.8%
How to invest in EVX 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 EVX and buy
Find the fund by its ticker, EVX, 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 EVX from India
What EVX holds
The VanEck Environmental Services ETF (EVX) aims to closely mirror the price and yield performance of the MarketVector Global Environmental Services Index (MVEVX), before accounting for its own fees and expenses. This index tracks companies primarily involved in various environmental services, including environmental consulting and modeling, wastewater and drainage management, general waste disposal, environmental remediation and protection, non-industrial air filtration, and technologies for carbon capture, waste-to-energy, and biofuel production, though it excludes certain recycling activ…
Hold a dollar asset
EVX 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 EVX 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 EVX from India?
Yes. Indian residents can buy VanEck Environmental Services ETF (EVX) 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 EVX invest in?
VanEck Environmental Services ETF holds 27 securities. Its largest holdings are Ecolab Inc (8.3%), Waste Management Inc (7.9%) and Republic Services Inc (6.9%). Industrials is its largest sector at 85.1%. It is a distributing fund domiciled in the US.
What is the expense ratio of EVX?
VanEck Environmental Services ETF has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about $96.4M.
How are EVX dividends taxed in India?
VanEck Environmental Services 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 EVX?
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 EVX unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $39.41, and there is no minimum trade size.
What happens to my EVX 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.