NYSE Arca · ETF
Invest in RWLC ETF from India
Indian and foreign residents can buy Rayliant NxtGen Multifactor US Equity ETF (RWLC) units directly through Paasa.
By Paasa · Updated
RWLC at a glance
- Price
- $38.80+$0.13 (0.34%)
- Expense ratio
- 0.32%
- Day range
- $38.67 – $38.80
- Assets
- $97.1M
- Domicile
- the US
- Holdings
- 114
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- +0.26%
- 6 months
- +20.20%
- YTD
- +14.45%
- 1 year
- +3.36%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1APPLE INCAAPL9.2%
- 2NVIDIA CORPNVDA6.7%
- 3ALPHABET INC-CL AGOOGL3.6%
- 4MICRON TECHNOLOGY INCMU3.3%
- 5ALPHABET INC-CL CGOOG3.2%
- 6MICROSOFT CORPMSFT2.9%
- 7MASTERCARD INC - AMA2.6%
- 8AMAZON.COM INCAMZN2.2%
- 9LAM RESEARCH CORPLRCX2.1%
- 10GILEAD SCIENCES INCGILD2.1%
RWLC holds 114 securities in total. These 10 are 37.9% of the fund.
Where the money is invested
Sectors
- Technology41.4%
- Financial Services12.6%
- Healthcare12.5%
- Communication Services8.9%
- Consumer Cyclical8.7%
- Energy6.1%
Countries
- United States96.5%
- Singapore1.4%
- Other1.2%
- Switzerland0.7%
- Bermuda0.2%
How to invest in RWLC 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 RWLC and buy
Find the fund by its ticker, RWLC, 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 RWLC from India
What RWLC holds
The RWLC is an Exchange-Traded Fund designed to mirror the performance of a strategically chosen basket of large-capitalization U.S. equities. Its selection process integrates a multi-factor approach, which is further refined through advanced machine learning algorithms.
Hold a dollar asset
RWLC 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 RWLC 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 RWLC from India?
Yes. Indian residents can buy Rayliant NxtGen Multifactor US Equity ETF (RWLC) 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 RWLC invest in?
Rayliant NxtGen Multifactor US Equity ETF holds 114 securities. Its largest holdings are APPLE INC (9.2%), NVIDIA CORP (6.7%) and ALPHABET INC-CL A (3.6%). Technology is its largest sector at 41.4%. It is a distributing fund domiciled in the US.
What is the expense ratio of RWLC?
Rayliant NxtGen Multifactor US Equity ETF has an expense ratio of 0.32% a year, taken from the fund's assets rather than billed to you. The fund manages about $97.1M.
How are RWLC dividends taxed in India?
Rayliant NxtGen Multifactor US Equity 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 RWLC?
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 RWLC unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $38.80, and there is no minimum trade size.
What happens to my RWLC 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.