NYSE Arca · ETF
Invest in IVOO ETF from India
Indian and foreign residents can buy Vanguard S&P Mid- 400 ETF (IVOO) units directly through Paasa.
By Paasa · Updated
IVOO at a glance
- Price
- $122.51-$0.12 (0.10%)
- Expense ratio
- 0.07%
- Day range
- $121.80 – $122.72
- Assets
- $5.9B
- Domicile
- the US
- Holdings
- 401
- Launched
- 2010
- Dividends
- Accumulating
- 1 month
- -4.45%
- 6 months
- +9.46%
- YTD
- +8.42%
- 1 year
- +11.08%
- 5 years
- +37.54%
Price change, excluding dividends.
Top 10 holdings
- 1Twilio Inc1.0%
- 2Illumina Inc0.9%
- 3TechnipFMC PLC0.9%
- 4Everpure Inc0.8%
- 5Okta Inc0.8%
- 6ATI Inc0.8%
- 7nVent Electric PLC0.7%
- 8Carpenter Technology Corp0.7%
- 9US Foods Holding Corp0.6%
- 10Tenet Healthcare Corp0.6%
IVOO holds 401 securities in total. These 10 are 7.8% of the fund.
Where the money is invested
Sectors
- Industrials22.3%
- Technology16.9%
- Financial Services14.0%
- Healthcare10.7%
- Consumer Cyclical10.3%
- Real Estate7.7%
Countries
- United States96.0%
- United Kingdom1.6%
- Bermuda0.7%
- Other0.7%
- Ireland0.4%
- Cayman Islands0.4%
How to invest in IVOO 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 IVOO and buy
Find the fund by its ticker, IVOO, 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 IVOO from India
What IVOO holds
This exchange-traded fund (ETF) primarily invests in the equity of approximately 400 medium-sized American enterprises, mirroring the composition of the S&P MidCap 400 Index. Its core objective is to closely emulate the performance of this index, which serves as a widely recognized benchmark for the broader U.S. mid-capitalization stock market.
Dividends reinvested for you
Dividends from IVOO's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
IVOO 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 IVOO 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 IVOO from India?
Yes. Indian residents can buy Vanguard S&P Mid- 400 ETF (IVOO) 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 IVOO invest in?
Vanguard S&P Mid- 400 ETF holds 401 securities. Its largest holdings are Twilio Inc (1.0%), Illumina Inc (0.9%) and TechnipFMC PLC (0.9%). Industrials is its largest sector at 22.3%. It is an accumulating fund domiciled in the US.
What is the expense ratio of IVOO?
Vanguard S&P Mid- 400 ETF has an expense ratio of 0.07% a year, taken from the fund's assets rather than billed to you. The fund manages about $5.9B.
Does IVOO pay dividends?
No. Vanguard S&P Mid- 400 ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell IVOO?
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 IVOO unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $122.51, and there is no minimum trade size.
What happens to my IVOO 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.