NYSE Arca · ETF
Invest in GIGL ETF from India
Indian and foreign residents can buy Goldman Sachs Corporate Bond ETF (GIGL) units directly through Paasa.
By Paasa · Updated
GIGL at a glance
- Price
- $48.03-$0.02 (0.04%)
- Expense ratio
- 0.3%
- Day range
- $47.90 – $48.05
- Assets
- $231.8M
- Domicile
- the US
- Holdings
- 454
- Launched
- 2025
- Dividends
- Distributing
- 1 month
- -3.26%
- 6 months
- -3.53%
- YTD
- -6.32%
- 1 year
- -6.26%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1ICE CD CDXIG545 1.00 20Dec30 P 1.00% 12/20/203021.7%
- 2ICE CD CDXIG546 1.00 20Jun31 P 1.00% 06/20/20314.4%
- 3FORD MOTOR CREDIT COMPANY 5.42% 04/09/20311.4%
- 4BIG SKY FUNDING LLC 5.75% 10/20/20351.2%
- 5BANK OF AMERICA CORPORATI 4.46% 02/06/20321.1%
- 6BANK OF AMERICA CORPORATI 2.48% 09/21/20361.1%
- 7CITIGROUP INC. 3.06% 01/25/20330.8%
- 8BACARDI LIMITED 4.70% 05/15/20280.8%
- 9SOLVENTUM CORPORATION 5.60% 03/23/20340.8%
- 10JPMORGAN CHASE & CO. 5.19% 02/05/20370.8%
GIGL holds 454 securities in total. These 10 are 34.2% of the fund.
Where the money is invested
Countries
- United States98.8%
- Other1.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| VDPALSEVanguard USD Corporate Bond UCITS ETF (USD) Accumulating | 0.07% | 4.7B |
| FCORAMEXFidelity Corporate Bond ETF | 0.36% | 352.6M |
| VECPLSEVanguard EUR Corporate Bond UCITS ETF (EUR) Distributing | 0.07% | 5.2B |
| IGCBLSEInvesco GBP Corporate Bond UCITS ETF | 0.1% | 345.6M |
| VDCPLSEVanguard USD Corporate Bond UCITS ETF (USD) Distributing | 0.07% | 4.7B |
Assets are shown in each fund's own reporting currency.
How to invest in GIGL 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 GIGL and buy
Find the fund by its ticker, GIGL, 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 GIGL from India
What GIGL holds
This fund endeavors to provide investors with a strong combined return, generated through both the growth in the value of its holdings and regular income distributions.
Hold a dollar asset
GIGL 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 GIGL 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 GIGL from India?
Yes. Indian residents can buy Goldman Sachs Corporate Bond ETF (GIGL) 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 GIGL invest in?
Goldman Sachs Corporate Bond ETF holds 454 securities. Its largest holdings are ICE CD CDXIG545 1.00 20Dec30 P 1.00% 12/20/2030 (21.7%), ICE CD CDXIG546 1.00 20Jun31 P 1.00% 06/20/2031 (4.4%) and FORD MOTOR CREDIT COMPANY 5.42% 04/09/2031 (1.4%). It is a distributing fund domiciled in the US.
What is the expense ratio of GIGL?
Goldman Sachs Corporate Bond ETF has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about $231.8M.
How are GIGL dividends taxed in India?
Goldman Sachs Corporate Bond ETF 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 GIGL?
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 GIGL unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $48.03, and there is no minimum trade size.
What happens to my GIGL 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.