London Stock Exchange ETF segment · UCITS ETF
Invest in GLDV ETF from India
Indian and foreign residents can buy State Street SPDR S&P Global Dividend Aristocrats UCITS ETF (GLDV) units directly through Paasa.
By Paasa · Updated
GLDV at a glance
- Price
- $38.39-$0.01 (0.03%)
- Expense ratio
- 0.45%
- Day range
- $38.38 – $38.65
- Assets
- $1.7B
- Domicile
- Ireland
- Holdings
- 90
- Launched
- 2013
- Dividends
- Distributing
- 1 month
- -6.25%
- 6 months
- +2.89%
- YTD
- +3.73%
- 1 year
- +7.29%
- 5 years
- +13.58%
Price change, excluding dividends.
Top 10 holdings
- 1Highwoods Properties Inc.1.9%
- 2GS Holdings Corp.1.9%
- 3Verizon Communications Inc.1.9%
- 4Pfizer Inc.1.8%
- 5LTC Properties Inc.1.8%
- 6John Wiley & Sons Inc. Class A1.7%
- 7Teleperformance SE1.6%
- 8Target Corporation1.6%
- 9APA Group1.6%
- 10Getty Realty Corp.1.6%
GLDV holds 90 securities in total. These 10 are 17.4% of the fund.
Where the money is invested
Sectors
- Financial Services25.1%
- Utilities15.4%
- Real Estate12.2%
- Industrials12.2%
- Communication Services9.6%
- Energy7.7%
Countries
- United States52.0%
- Canada9.4%
- United Kingdom5.7%
- Hong Kong4.5%
- Switzerland4.0%
- France3.4%
How to invest in GLDV 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 GLDV and buy
Find the fund by its ticker, GLDV, on the London Stock Exchange ETF segment, and place your order.
Why invest in GLDV from India
What GLDV holds
The objective of the Fund is to track the performance of high dividend yielding equities globally.
Outside US estate tax
GLDV is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
GLDV 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.
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.
Why GLDV's UCITS structure matters for Indian investors
GLDV is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy GLDV from India?
Yes. Indian residents can buy State Street SPDR S&P Global Dividend Aristocrats UCITS ETF (GLDV) through Paasa. It is listed on the London Stock Exchange ETF segment 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 GLDV invest in?
State Street SPDR S&P Global Dividend Aristocrats UCITS ETF holds 90 securities. Its largest holdings are Highwoods Properties Inc. (1.9%), GS Holdings Corp. (1.9%) and Verizon Communications Inc. (1.9%). Financial Services is its largest sector at 25.1%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of GLDV?
State Street SPDR S&P Global Dividend Aristocrats UCITS ETF has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.7B.
Is GLDV a UCITS ETF, and why does that matter for Indian investors?
Yes. State Street SPDR S&P Global Dividend Aristocrats UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are GLDV dividends taxed in India?
State Street SPDR S&P Global Dividend Aristocrats UCITS 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 GLDV?
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.