London Stock Exchange ETF segment · UCITS ETF
Invest in LOWV ETF from India
Indian and foreign residents can buy State Street SPDR S&P 500 Low Volatility UCITS ETF (LOWV) units directly through Paasa.
By Paasa · Updated
LOWV at a glance
- Price
- $82.18+$0.87 (1.06%)
- Expense ratio
- 0.35%
- Day range
- $82.18 – $82.18
- Assets
- $104.5M
- Domicile
- Ireland
- Holdings
- 100
- Launched
- 2012
- Dividends
- Accumulating
- 1 month
- -4.75%
- 6 months
- -0.76%
- YTD
- +0.93%
- 1 year
- -0.05%
- 5 years
- +26.61%
Price change, excluding dividends.
Top 10 holdings
- 1Berkshire Hathaway Inc. Class B1.4%
- 2Regency Centers Corporation1.3%
- 3WEC Energy Group Inc1.3%
- 4Duke Energy Corporation1.2%
- 5Evergy Inc.1.2%
- 6Atmos Energy Corporation1.2%
- 7FirstEnergy Corp.1.2%
- 8Loews Corporation1.2%
- 9Johnson & Johnson1.2%
- 10Alliant Energy Corporation1.2%
LOWV holds 100 securities in total. These 10 are 12.5% of the fund.
Where the money is invested
Sectors
- Utilities26.7%
- Financial Services23.8%
- Real Estate17.2%
- Industrials13.0%
- Consumer Defensive6.8%
- Consumer Cyclical3.8%
Countries
- United States95.9%
- United Kingdom1.1%
- Switzerland1.1%
- Bermuda1.0%
- Ireland0.9%
- Other0.1%
How to invest in LOWV 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 LOWV and buy
Find the fund by its ticker, LOWV, on the London Stock Exchange ETF segment, and place your order.
Why invest in LOWV from India
What LOWV holds
Its primary aim is to replicate the performance of prominent U.S. companies, focusing specifically on those equity securities that have historically demonstrated stable and less volatile price movements.
Outside US estate tax
LOWV is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from LOWV'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
LOWV 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.
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.
Why LOWV's UCITS structure matters for Indian investors
LOWV is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy LOWV from India?
Yes. Indian residents can buy State Street SPDR S&P 500 Low Volatility UCITS ETF (LOWV) through Paasa. It is listed on the London Stock Exchange ETF segment 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 LOWV invest in?
State Street SPDR S&P 500 Low Volatility UCITS ETF holds 100 securities. Its largest holdings are Berkshire Hathaway Inc. Class B (1.4%), Regency Centers Corporation (1.3%) and WEC Energy Group Inc (1.3%). Utilities is its largest sector at 26.7%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of LOWV?
State Street SPDR S&P 500 Low Volatility UCITS ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about $104.5M.
Is LOWV a UCITS ETF, and why does that matter for Indian investors?
Yes. State Street SPDR S&P 500 Low Volatility UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Does LOWV pay dividends?
No. State Street SPDR S&P 500 Low Volatility UCITS 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 LOWV?
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.