NYSE Arca · ETF
Invest in INDZ ETF from India
Indian and foreign residents can buy VanEck India Select ETF (INDZ) units directly through Paasa.
By Paasa · Updated
INDZ at a glance
- Price
- $23.81+$0.00 (0.00%)
- Expense ratio
- 0.75%
- Day range
- $23.81 – $23.81
- Assets
- $5.2M
- Domicile
- the US
- Holdings
- 72
- Launched
- 2026
- Dividends
- —
Top 10 holdings
- 1Hdfc Bank Ltd4.1%
- 2Icici Bank Ltd4.0%
- 3Bharti Airtel Ltd4.0%
- 4Reliance Industries Ltd4.0%
- 5Larsen & Toubro Ltd3.3%
- 6Apollo Hospitals Enterprise Ltd2.9%
- 7Cholamandalam Investment And Finance Co2.9%
- 8Bse Ltd2.8%
- 9Vedanta Aluminium Metal Ltd2.8%
- 10Fsn E-Commerce Ventures Ltd2.7%
INDZ holds 72 securities in total. These 10 are 33.3% of the fund.
Where the money is invested
Countries
- India98.5%
- United States1.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IMVPAMEXInvesco India ETF | 0.78% | 98.4M |
| GINDNASDAQGoldman Sachs India Equity ETF | 0.75% | 158.8M |
| INDHNASDAQWisdomTree India Hedged Equity Fund | 0.64% | 5.6M |
Assets are shown in each fund's own reporting currency.
How to invest in INDZ 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 INDZ and buy
Find the fund by its ticker, INDZ, 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 INDZ from India
What INDZ holds
The VanEck India Select ETF (INDZ) is an actively managed fund designed to achieve substantial long-term capital growth. It accomplishes this by strategically investing in companies based in India.
Hold a dollar asset
INDZ 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 INDZ 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 INDZ from India?
Yes. Indian residents can buy VanEck India Select ETF (INDZ) 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 INDZ invest in?
VanEck India Select ETF holds 72 securities. Its largest holdings are Hdfc Bank Ltd (4.1%), Icici Bank Ltd (4.0%) and Bharti Airtel Ltd (4.0%). The fund is domiciled in the US.
What is the expense ratio of INDZ?
VanEck India Select ETF has an expense ratio of 0.75% a year, taken from the fund's assets rather than billed to you. The fund manages about $5.2M.
What tax do I pay in India when I sell INDZ?
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 INDZ unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $23.81, and there is no minimum trade size.
What happens to my INDZ 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.