London Stock Exchange ETF segment · ETF
Invest in SPDM ETF from India
Indian and foreign residents can buy iShares Physical Palladium ETC (SPDM) units directly through Paasa.
By Paasa · Updated
SPDM at a glance
- Price
- £25.38-£0.56 (2.16%)
- Expense ratio
- 0.2%
- Day range
- £25.26 – £26.00
- Assets
- £5.5B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2011
- Dividends
- —
- 1 month
- -9.03%
- 6 months
- -21.29%
- YTD
- -27.15%
- 1 year
- -4.35%
- 5 years
- -38.00%
Price change, excluding dividends.
Top holding
- 1Physical Palladium100.0%
These 1 are 100.0% of the fund.
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| PHPDLSEWisdomTree Physical Palladium | 0.49% | 141.3M |
| IPDMLSEiShares Physical Palladium ETC | 0.2% | 72.4M |
| SPALLSEInvesco Physical Palladium ETC | 0.19% | 33.2B |
Assets are shown in each fund's own reporting currency.
How to invest in SPDM 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, and Interactive Brokers converts the dollars to GBP when you buy.
Step 3
Search SPDM and buy
Find the fund by its ticker, SPDM, on the London Stock Exchange ETF segment, and place your order.
Why invest in SPDM from India
What SPDM holds
This Exchange Traded Commodity is designed to mirror the real-time market value of palladium.
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.
Frequently asked questions
Can I buy SPDM from India?
Yes. Indian residents can buy iShares Physical Palladium ETC (SPDM) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 SPDM invest in?
Its largest holding is Physical Palladium (100.0%). The fund is domiciled in Ireland.
What is the expense ratio of SPDM?
iShares Physical Palladium ETC has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about £5.5B.
What tax do I pay in India when I sell SPDM?
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 GBP/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.