NASDAQ · ETF
Invest in SDVY ETF from India
Indian and foreign residents can buy First Trust SMID Rising Dividend Achievers ETF (SDVY) units directly through Paasa.
By Paasa · Updated
SDVY at a glance
- Price
- $40.92-$0.10 (0.24%)
- Expense ratio
- 0.58%
- Day range
- $40.67 – $41.18
- Assets
- $10.9B
- Domicile
- the US
- Holdings
- 172
- Launched
- 2017
- Dividends
- Accumulating
- 1 month
- -6.23%
- 6 months
- +5.71%
- YTD
- +5.57%
- 1 year
- +7.66%
- 5 years
- +44.75%
Price change, excluding dividends.
Top 10 holdings
- 1National HealthCare Corporation1.2%
- 2Interparfums, Inc.1.1%
- 3Reinsurance Group of America, Incorporated1.1%
- 4First BanCorp.1.0%
- 5OFG Bancorp1.0%
- 6Applied Industrial Technologies, Inc.1.0%
- 7Williams-Sonoma, Inc.1.0%
- 8PriceSmart, Inc.1.0%
- 9Watts Water Technologies, Inc.1.0%
- 10The Hanover Insurance Group, Inc.1.0%
SDVY holds 172 securities in total. These 10 are 10.3% of the fund.
Where the money is invested
Sectors
- Financial Services34.8%
- Industrials27.1%
- Technology9.6%
- Consumer Cyclical9.3%
- Consumer Defensive5.5%
- Basic Materials4.1%
Countries
- United States95.5%
- Puerto Rico2.3%
- Bermuda1.5%
- Bahamas0.4%
- Other0.3%
How to invest in SDVY 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 SDVY and buy
Find the fund by its ticker, SDVY, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in SDVY from India
What SDVY holds
The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is designed to mirror the overall performance—both market value and income, before any fund fees and expenses—of a specific benchmark: the Nasdaq US Small Mid Cap Rising Dividend Achievers Index. Typically, the fund commits a minimum of 90% of its total assets to the securities that make up this Index.
Dividends reinvested for you
Dividends from SDVY'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
SDVY 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 SDVY 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 SDVY from India?
Yes. Indian residents can buy First Trust SMID Rising Dividend Achievers ETF (SDVY) through Paasa. It is listed on NASDAQ 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 SDVY invest in?
First Trust SMID Rising Dividend Achievers ETF holds 172 securities. Its largest holdings are National HealthCare Corporation (1.2%), Interparfums, Inc. (1.1%) and Reinsurance Group of America, Incorporated (1.1%). Financial Services is its largest sector at 34.8%. It is an accumulating fund domiciled in the US.
What is the expense ratio of SDVY?
First Trust SMID Rising Dividend Achievers ETF has an expense ratio of 0.58% a year, taken from the fund's assets rather than billed to you. The fund manages about $10.9B.
Does SDVY pay dividends?
No. First Trust SMID Rising Dividend Achievers 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 SDVY?
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 SDVY unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $40.92, and there is no minimum trade size.
What happens to my SDVY 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.