NYSE Arca · ETF
Invest in INVG ETF from India
Indian and foreign residents can buy GMO Systematic Investment Grade Credit ETF (INVG) units directly through Paasa.
By Paasa · Updated
INVG at a glance
- Price
- $24.56-$0.08 (0.33%)
- Expense ratio
- 0.25%
- Day range
- $24.56 – $24.59
- Assets
- $23.0M
- Domicile
- the US
- Holdings
- —
- Launched
- 2025
- Dividends
- Distributing
- 1 month
- +0.22%
- 6 months
- -3.82%
- YTD
- -4.60%
- 1 year
- -6.06%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1BANK OF NOVA SCOTIA1.3%
- 2TEXAS INSTRUMENTS INC1.0%
- 3BAXTER INTERNATIONAL INC1.0%
- 4ADVANCED MICRO DEVICES1.0%
- 5UNITEDHEALTH GROUP INC1.0%
- 6ADVANCED MICRO DEVICES1.0%
- 7AGILENT TECHNOLOGIES INC1.0%
- 8MAREX GROUP PLC1.0%
- 9EQUITABLE HOLDINGS INC1.0%
- 10BAXTER INTERNATIONAL INC1.0%
These 10 are 10.4% of the fund.
How to invest in INVG 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 INVG and buy
Find the fund by its ticker, INVG, 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 INVG from India
What INVG holds
The INVG fund aims to exceed the performance of the Bloomberg U.S. Corporate Index by employing a systematic, multi-factor investment methodology. While striving to achieve similar market exposure to its benchmark, the fund primarily focuses its investments on highly liquid, investment-grade corporate debt.
Hold a dollar asset
INVG 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 INVG 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 INVG from India?
Yes. Indian residents can buy GMO Systematic Investment Grade Credit ETF (INVG) 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 INVG invest in?
Its largest holdings are BANK OF NOVA SCOTIA (1.3%), TEXAS INSTRUMENTS INC (1.0%) and BAXTER INTERNATIONAL INC (1.0%). It is a distributing fund domiciled in the US.
What is the expense ratio of INVG?
GMO Systematic Investment Grade Credit ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about $23.0M.
How are INVG dividends taxed in India?
GMO Systematic Investment Grade Credit 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 INVG?
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 INVG unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $24.56, and there is no minimum trade size.
What happens to my INVG 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.