NYSE Arca · ETF
Invest in IVOV ETF from India
Indian and foreign residents can buy Vanguard S&P Mid- 400 Value ETF (IVOV) units directly through Paasa.
By Paasa · Updated
IVOV at a glance
- Price
- $109.04+$0.58 (0.53%)
- Expense ratio
- 0.1%
- Day range
- $108.47 – $109.33
- Assets
- $1.5B
- Domicile
- the US
- Holdings
- 298
- Launched
- 2010
- Dividends
- Accumulating
- 1 month
- -5.03%
- 6 months
- +7.48%
- YTD
- +6.96%
- 1 year
- +8.26%
- 5 years
- +33.35%
Price change, excluding dividends.
Top 10 holdings
- 1US Foods Holding CorpUSFD1.3%
- 2Reliance IncRS1.1%
- 3TD SYNNEX CorpSNX1.1%
- 4Permian Resources CorpPR1.1%
- 5Ovintiv IncOVV1.1%
- 6Jones Lang LaSalle IncJLL1.0%
- 7Annaly Capital Management IncNLY1.0%
- 8WESCO International IncWCC1.0%
- 9Reinsurance Group of America IncRGA0.9%
- 10Performance Food Group CoPFGC0.9%
IVOV holds 298 securities in total. These 10 are 10.5% of the fund.
Where the money is invested
Sectors
- Financial Services21.4%
- Industrials17.8%
- Consumer Cyclical13.5%
- Real Estate9.9%
- Technology9.5%
- Energy7.7%
Countries
- United States97.8%
- United Kingdom1.0%
- Bermuda0.6%
- Other0.4%
- Sweden0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IJJAMEXiShares S&P Mid-Cap 400 Value ETF | 0.18% | 8.4B |
Assets are shown in each fund's own reporting currency.
How to invest in IVOV 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 IVOV and buy
Find the fund by its ticker, IVOV, 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 IVOV from India
What IVOV holds
This exchange-traded fund (ETF) is designed to replicate the performance of the S&P MidCap 400 Value Index, an index composed of value-oriented companies within the broader S&P 400. Its primary objective is to closely match the returns of this index, which acts as a representative measure for the overall market performance of U.S. mid-capitalization value stocks.
Dividends reinvested for you
Dividends from IVOV'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
IVOV 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 IVOV 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 IVOV from India?
Yes. Indian residents can buy Vanguard S&P Mid- 400 Value ETF (IVOV) 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 IVOV invest in?
Vanguard S&P Mid- 400 Value ETF holds 298 securities. Its largest holdings are US Foods Holding Corp (1.3%), Reliance Inc (1.1%) and TD SYNNEX Corp (1.1%). Financial Services is its largest sector at 21.4%. It is an accumulating fund domiciled in the US.
What is the expense ratio of IVOV?
Vanguard S&P Mid- 400 Value ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.5B.
Does IVOV pay dividends?
No. Vanguard S&P Mid- 400 Value 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 IVOV?
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 IVOV unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $109.04, and there is no minimum trade size.
What happens to my IVOV 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.