New York Stock Exchange · ETF
Invest in GCPB ETF from India
Indian and foreign residents can buy Goldman Sachs ETF Trust (GCPB) units directly through Paasa.
By Paasa · Updated
GCPB at a glance
- Price
- $48.43+$0.00 (0.01%)
- Expense ratio
- 0.4%
- Day range
- $48.39 – $48.52
- Assets
- $147.6M
- Domicile
- the US
- Holdings
- 334
- Launched
- 2006
- Dividends
- Distributing
Top 10 holdings
- 1ICE CD CDXIG543 1.00 20Dec29 P 1.00% 12/20/202915.8%
- 2ICE CD CDXIG545 1.00 20Dec30 P 1.00% 12/20/203013.7%
- 3FNCL 5.50 10/26 TBA 5.50% 10/01/20565.1%
- 4UNITED STATES DEPARTMENT 10/15/20264.3%
- 5UNITED STATES DEPARTMENT 3.88% 06/15/20283.1%
- 6UNITED STATES DEPARTMENT 1.38% 11/15/20313.0%
- 7FREDDIE MAC STRIPS 4.80% 09/25/20312.4%
- 8ICE CD CDXIG547 1.00 20Dec31 P 1.00% 12/22/20312.3%
- 9UNITED STATES DEPARTMENT 12/15/20262.0%
- 10G2SF 6.00 10/26 TBA 6.00% 10/01/20562.0%
GCPB holds 334 securities in total. These 10 are 53.6% of the fund.
Where the money is invested
Countries
- United States108.0%
How to invest in GCPB 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 GCPB and buy
Find the fund by its ticker, GCPB, on the New York Stock Exchange, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in GCPB from India
What GCPB holds
The Goldman Sachs Core Plus Bond ETF seeks a total return consisting of capital appreciation and income. The fund invests in a diversified portfolio of debt securities and may invest in obligations of domestic and foreign issuers.
Hold a dollar asset
GCPB 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 GCPB 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 GCPB from India?
Yes. Indian residents can buy Goldman Sachs ETF Trust (GCPB) through Paasa. It is listed on the New York Stock Exchange 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 GCPB invest in?
Goldman Sachs ETF Trust holds 334 securities. Its largest holdings are ICE CD CDXIG543 1.00 20Dec29 P 1.00% 12/20/2029 (15.8%), ICE CD CDXIG545 1.00 20Dec30 P 1.00% 12/20/2030 (13.7%) and FNCL 5.50 10/26 TBA 5.50% 10/01/2056 (5.1%). It is a distributing fund domiciled in the US.
What is the expense ratio of GCPB?
Goldman Sachs ETF Trust has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about $147.6M.
How are GCPB dividends taxed in India?
Goldman Sachs ETF Trust 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 GCPB?
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 GCPB unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $48.43, and there is no minimum trade size.
What happens to my GCPB 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.