NYSE Arca · ETF
Invest in IIGD ETF from India
Indian and foreign residents can buy Invesco Investment Grade Defensive ETF (IIGD) units directly through Paasa.
By Paasa · Updated
IIGD at a glance
- Price
- $23.79+$0.01 (0.02%)
- Expense ratio
- 0.13%
- Day range
- $23.75 – $23.80
- Assets
- $26.2M
- Domicile
- the US
- Holdings
- 162
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -1.98%
- 6 months
- -2.74%
- YTD
- -4.34%
- 1 year
- -4.11%
- 5 years
- -10.66%
Price change, excluding dividends.
Top 10 holdings
- 1USD Pending Dividends1.0%
- 2Momentive Performance Materials Inc 4.13% 10/22/20280.7%
- 3Parker-Hannifin Corp 3.25% 06/14/20290.7%
- 4Home Depot Inc/The 2.95% 06/15/20290.7%
- 5Truist Bank 2.25% 03/11/20300.7%
- 6Altria Group Inc 4.80% 02/14/20290.7%
- 7Pricoa Global Funding I 4.70% 05/28/20300.7%
- 8Halliburton Co 2.92% 03/01/20300.7%
- 9MassMutual Global Funding II 4.55% 05/07/20300.7%
- 10Pfizer Inc 3.45% 03/15/20290.7%
IIGD holds 162 securities in total. These 10 are 7.4% of the fund.
Where the money is invested
Sectors
- Financial Services0.2%
Countries
- United States97.1%
- Luxembourg1.3%
- United Kingdom0.7%
- Ireland0.6%
- Other0.3%
How to invest in IIGD 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 IIGD and buy
Find the fund by its ticker, IIGD, 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 IIGD from India
What IIGD holds
The Invesco Investment Grade Defensive ETF (Fund) aims to mirror the performance of the Invesco Investment Grade Defensive Index (Index). This Fund typically allocates at least 80% of its total assets to the securities comprising this Index, which focuses on U.S. investment-grade bonds.
Hold a dollar asset
IIGD 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 IIGD 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 IIGD from India?
Yes. Indian residents can buy Invesco Investment Grade Defensive ETF (IIGD) 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 IIGD invest in?
Invesco Investment Grade Defensive ETF holds 162 securities. Its largest holdings are USD Pending Dividends (1.0%), Momentive Performance Materials Inc 4.13% 10/22/2028 (0.7%) and Parker-Hannifin Corp 3.25% 06/14/2029 (0.7%). Financial Services is its largest sector at 0.2%. It is a distributing fund domiciled in the US.
What is the expense ratio of IIGD?
Invesco Investment Grade Defensive ETF has an expense ratio of 0.13% a year, taken from the fund's assets rather than billed to you. The fund manages about $26.2M.
How are IIGD dividends taxed in India?
Invesco Investment Grade Defensive 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 IIGD?
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 IIGD unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $23.79, and there is no minimum trade size.
What happens to my IIGD 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.