NYSE Arca · ETF
Invest in LGLV ETF from India
Indian and foreign residents can buy State Street SPDR US Large Low Volatility Index ETF (LGLV) units directly through Paasa.
By Paasa · Updated
LGLV at a glance
- Price
- $176.44+$0.07 (0.04%)
- Expense ratio
- 0.12%
- Day range
- $175.94 – $176.59
- Assets
- $1.2B
- Domicile
- the US
- Holdings
- 171
- Launched
- 2013
- Dividends
- Accumulating
- 1 month
- -6.65%
- 6 months
- -0.94%
- YTD
- -0.29%
- 1 year
- +0.88%
- 5 years
- +29.52%
Price change, excluding dividends.
Top 10 holdings
- 1WELLTOWER INCWELL4.7%
- 2REALTY INCOME CORPO1.7%
- 3VIVMARK RESIDENTIALVMRK1.5%
- 4DUKE ENERGY CORPDUK1.3%
- 5COCA COLA CO/THEKO1.2%
- 6CONSOLIDATED EDISON INCED1.1%
- 7SOUTHERN CO/THESO1.1%
- 8JOHNSON + JOHNSONJNJ1.1%
- 9CME GROUP INCCME1.1%
- 10PUBLIC SERVICE ENTERPRISE GPPEG1.1%
LGLV holds 171 securities in total. These 10 are 16.0% of the fund.
Where the money is invested
Sectors
- Industrials18.1%
- Real Estate17.1%
- Financial Services10.7%
- Utilities10.6%
- Technology10.0%
- Consumer Cyclical8.8%
Countries
- United States94.3%
- United Kingdom2.4%
- Switzerland1.5%
- Ireland1.0%
- Israel0.4%
- Netherlands0.3%
How to invest in LGLV 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 LGLV and buy
Find the fund by its ticker, LGLV, 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 LGLV from India
What LGLV holds
The State Street SPDR US Large Cap Low Volatility Index ETF (LGLV) is designed to replicate the investment performance of its benchmark, the State Street US Large Cap Low Volatility Index, before factoring in any fees or operational costs. This underlying index is strategically composed of a subset of the 1,000 largest publicly traded U.S. companies by market capitalization, as assessed during its periodic rebalancing.
Dividends reinvested for you
Dividends from LGLV'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
LGLV 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 LGLV 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 LGLV from India?
Yes. Indian residents can buy State Street SPDR US Large Low Volatility Index ETF (LGLV) 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 LGLV invest in?
State Street SPDR US Large Low Volatility Index ETF holds 171 securities. Its largest holdings are WELLTOWER INC (4.7%), REALTY INCOME CORP (1.7%) and VIVMARK RESIDENTIAL (1.5%). Industrials is its largest sector at 18.1%. It is an accumulating fund domiciled in the US.
What is the expense ratio of LGLV?
State Street SPDR US Large Low Volatility Index ETF has an expense ratio of 0.12% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.2B.
Does LGLV pay dividends?
No. State Street SPDR US Large Low Volatility Index 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 LGLV?
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 LGLV unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $176.44, and there is no minimum trade size.
What happens to my LGLV 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.