NYSE Arca · ETF
Invest in LGH ETF from India
Indian and foreign residents can buy HCM Defender 500 Index ETF (LGH) units directly through Paasa.
By Paasa · Updated
LGH at a glance
- Price
- $66.79+$0.44 (0.67%)
- Expense ratio
- 1%
- Day range
- $66.18 – $66.90
- Assets
- $601.1M
- Domicile
- the US
- Holdings
- —
- Launched
- 2019
- Dividends
- Distributing
- 1 month
- +1.37%
- 6 months
- +16.89%
- YTD
- +6.61%
- 1 year
- +11.61%
- 5 years
- +59.71%
Price change, excluding dividends.
Top 10 holdings
- 1HCM Defender 500 Index ETFSPXL19.8%
- 2HCM Defender 500 Index ETFNVDA7.2%
- 3HCM Defender 500 Index ETFAAPL7.0%
- 4HCM Defender 500 Index ETFMSFT5.1%
- 5HCM Defender 500 Index ETFAMZN3.3%
- 6HCM Defender 500 Index ETFGOOGL2.6%
- 7HCM Defender 500 Index ETFGOOG2.3%
- 8HCM Defender 500 Index ETFAVGO2.2%
- 9HCM Defender 500 Index ETFMETA2.1%
- 10HCM Defender 500 Index ETFMU1.6%
These 10 are 53.3% of the fund.
Where the money is invested
Countries
- United States98.3%
- Ireland0.8%
- United Kingdom0.3%
- Switzerland0.2%
- Singapore0.2%
- Other0.1%
How to invest in LGH 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 LGH and buy
Find the fund by its ticker, LGH, 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 LGH from India
What LGH holds
The fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 500 Index. The HCM 500 Index seeks to outperform the Solactive US Large Cap Index using a proprietary methodology.
Hold a dollar asset
LGH 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 LGH 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 LGH from India?
Yes. Indian residents can buy HCM Defender 500 Index ETF (LGH) 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 LGH invest in?
Its largest holdings are HCM Defender 500 Index ETF (19.8%), HCM Defender 500 Index ETF (7.2%) and HCM Defender 500 Index ETF (7.0%). It is a distributing fund domiciled in the US.
What is the expense ratio of LGH?
HCM Defender 500 Index ETF has an expense ratio of 1% a year, taken from the fund's assets rather than billed to you. The fund manages about $601.1M.
How are LGH dividends taxed in India?
HCM Defender 500 Index ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. 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 LGH?
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 LGH unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $66.79, and there is no minimum trade size.
What happens to my LGH 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.