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NYSE Arca · ETF

Invest in SPLV ETF from India

Indian and foreign residents can buy Invesco S&P 500 Low Volatility ETF (SPLV) units directly through Paasa.

By Paasa · Updated

SPLV at a glance

Price
$71.30+$0.19 (0.27%)
Expense ratio
0.25%
Day range
$70.85 – $71.38
Assets
$7.0B
Domicile
the US
Holdings
104
Launched
2011
Dividends
Distributing
1 month
-5.74%
6 months
-1.71%
YTD
-0.90%
1 year
-1.04%
5 years
+15.22%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1Berkshire Hathaway IncBRK-B1.4%
  2. 2Regency Centers CorpREG1.3%
  3. 3WEC Energy Group IncWEC1.3%
  4. 4Duke Energy CorpDUK1.2%
  5. 5Evergy IncEVRG1.2%
  6. 6FirstEnergy CorpFE1.2%
  7. 7Atmos Energy CorpATO1.2%
  8. 8Loews CorpL1.2%
  9. 9Johnson & JohnsonJNJ1.2%
  10. 10Aflac IncAFL1.2%

SPLV holds 104 securities in total. These 10 are 12.5% of the fund.

Where the money is invested

Countries

  • United States95.8%
  • Switzerland1.1%
  • United Kingdom1.1%
  • Bermuda1.0%
  • Ireland0.9%
  • Other0.2%

Similar funds

FundExpense ratioAssets
SPLWLSEInvesco S&P 500 Low Volatility UCITS ETF0.25%136.5M

Assets are shown in each fund's own reporting currency.

How to invest in SPLV 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 SPLV and buy

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

What SPLV holds

The Invesco S&P 500 Low Volatility ETF (SPLV) aims to provide investors with exposure to the S&P 500 Low Volatility Index. This fund primarily invests, dedicating at least 90% of its total assets, to the specific securities that make up this benchmark index.

Hold a dollar asset

SPLV 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 SPLV 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 SPLV from India?

Yes. Indian residents can buy Invesco S&P 500 Low Volatility ETF (SPLV) 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 SPLV invest in?

Invesco S&P 500 Low Volatility ETF holds 104 securities. Its largest holdings are Berkshire Hathaway Inc (1.4%), Regency Centers Corp (1.3%) and WEC Energy Group Inc (1.3%). It is a distributing fund domiciled in the US.

What is the expense ratio of SPLV?

Invesco S&P 500 Low Volatility ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about $7.0B.

How are SPLV dividends taxed in India?

Invesco S&P 500 Low Volatility 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 SPLV?

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 SPLV unit?

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $71.30, and there is no minimum trade size.

What happens to my SPLV 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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