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NYSE Arca · ETF

Invest in RZV ETF from India

Indian and foreign residents can buy Invesco S&P SmallCap 600 Pure Value ETF (RZV) units directly through Paasa.

By Paasa · Updated

RZV at a glance

Price
$139.00-$0.41 (0.29%)
Expense ratio
0.35%
Day range
$138.91 – $139.64
Assets
$277.6M
Domicile
the US
Holdings
157
Launched
2006
Dividends
Distributing
1 month
-7.30%
6 months
+13.46%
YTD
+15.84%
1 year
+18.15%
5 years
+49.54%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1ManpowerGroup Inc2.2%
  2. 2MarineMax Inc2.1%
  3. 3Acadia Healthcare Co Inc1.9%
  4. 4Ichor Holdings Ltd1.7%
  5. 5Edgewell Personal Care Co1.6%
  6. 6Vestis Corp1.6%
  7. 7Newell Brands Inc1.5%
  8. 8Marriott Vacations Worldwide Corp1.4%
  9. 9CarMax Inc1.4%
  10. 10Cracker Barrel Old Country Store Inc1.4%

RZV holds 157 securities in total. These 10 are 16.9% of the fund.

Where the money is invested

Sectors

  • Consumer Cyclical24.1%
  • Industrials16.9%
  • Consumer Defensive11.1%
  • Technology10.6%
  • Energy9.0%
  • Financial Services8.2%

Countries

  • United States97.0%
  • Ireland1.7%
  • Cayman Islands0.7%
  • Switzerland0.5%
  • Other0.1%

How to invest in RZV from India

  1. 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.

  2. 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.

  3. Step 3

    Search RZV and buy

    Find the fund by its ticker, RZV, 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 RZV from India

What RZV holds

The Invesco S&P SmallCap 600 Pure Value ETF is designed to mirror the performance of the S&P SmallCap 600 Pure Value Index. This fund allocates a minimum of 90% of its total assets to the securities comprising its benchmark index.

Hold a dollar asset

RZV 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 RZV 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.

How US estate tax works See UCITS options

Frequently asked questions

Can I buy RZV from India?

Yes. Indian residents can buy Invesco S&P SmallCap 600 Pure Value ETF (RZV) 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 RZV invest in?

Invesco S&P SmallCap 600 Pure Value ETF holds 157 securities. Its largest holdings are ManpowerGroup Inc (2.2%), MarineMax Inc (2.1%) and Acadia Healthcare Co Inc (1.9%). Consumer Cyclical is its largest sector at 24.1%. It is a distributing fund domiciled in the US.

What is the expense ratio of RZV?

Invesco S&P SmallCap 600 Pure Value 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 $277.6M.

How are RZV dividends taxed in India?

Invesco S&P SmallCap 600 Pure Value 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 RZV?

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 RZV unit?

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $139.00, and there is no minimum trade size.

What happens to my RZV 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.

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