NASDAQ · ETF
Invest in SEIS ETF from India
Indian and foreign residents can buy SEI Exchange Traded Funds - SEI Select Small ETF (SEIS) units directly through Paasa.
By Paasa · Updated
SEIS at a glance
- Price
- $31.16-$0.03 (0.10%)
- Expense ratio
- 0.55%
- Day range
- $31.15 – $31.32
- Assets
- $594.7M
- Domicile
- the US
- Holdings
- 369
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- -5.09%
- 6 months
- +16.70%
- YTD
- +10.46%
- 1 year
- +11.48%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1CNO FINANCIAL GROUP INC1.3%
- 2ABERCROMBIE & FITCH CO-CL A1.2%
- 3WATTS WATER TECHNOLOGIES-A1.1%
- 4URBAN OUTFITTERS INC1.1%
- 5TEREX CORP1.0%
- 6JACKSON FINANCIAL INC-A1.0%
- 7ENOVA INTERNATIONAL INC1.0%
- 8Zurn Elkay Water Solutions Corporation0.9%
- 9HUDBAY MINERALS INC0.9%
- 10EXLSERVICE HOLDINGS INC0.9%
SEIS holds 369 securities in total. These 10 are 10.5% of the fund.
Where the money is invested
Sectors
- Technology18.5%
- Healthcare17.3%
- Financial Services17.1%
- Industrials15.7%
- Consumer Cyclical12.5%
- Energy5.0%
Countries
- United States92.7%
- Canada2.1%
- Bermuda1.4%
- United Kingdom1.1%
- Ireland0.7%
- Switzerland0.3%
How to invest in SEIS 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 SEIS and buy
Find the fund by its ticker, SEIS, 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 SEIS from India
What SEIS holds
SEIS primarily invests in small-cap equities using an integrated management approach. Stock selection combines the advisers proprietary quantitative model with stock recommendations from one or more sub-advisers.
Dividends reinvested for you
Dividends from SEIS' 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
SEIS 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 SEIS 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 SEIS from India?
Yes. Indian residents can buy SEI Exchange Traded Funds - SEI Select Small ETF (SEIS) 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 SEIS invest in?
SEI Exchange Traded Funds - SEI Select Small ETF holds 369 securities. Its largest holdings are CNO FINANCIAL GROUP INC (1.3%), ABERCROMBIE & FITCH CO-CL A (1.2%) and WATTS WATER TECHNOLOGIES-A (1.1%). Technology is its largest sector at 18.5%. It is an accumulating fund domiciled in the US.
What is the expense ratio of SEIS?
SEI Exchange Traded Funds - SEI Select Small ETF has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about $594.7M.
Does SEIS pay dividends?
No. SEI Exchange Traded Funds - SEI Select Small 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 SEIS?
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 SEIS unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $31.16, and there is no minimum trade size.
What happens to my SEIS 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.