XETRA · UCITS ETF
Invest in SPPD ETF from India
Indian and foreign residents can buy State Street SPDR S&P U.S. Dividend Aristocrats Hdg UCITS ETF (SPPD) units directly through Paasa.
By Paasa · Updated
SPPD at a glance
- Price
- €9.72-€0.00 (0.01%)
- Expense ratio
- 0.4%
- Day range
- €9.69 – €9.73
- Assets
- €48.1M
- Domicile
- Ireland
- Holdings
- 154
- Launched
- 2019
- Dividends
- Distributing
- 1 month
- +8.41%
- 6 months
- +10.37%
- YTD
- +14.94%
- 1 year
- +16.32%
- 5 years
- +14.13%
Price change, excluding dividends.
Top 10 holdings
- 1Verizon Communications Inc.2.8%
- 2Realty Income Corporation2.2%
- 3PepsiCo Inc.2.1%
- 4NIKE Inc. Class B1.7%
- 5Accenture Plc Class A1.7%
- 6Southern Company1.6%
- 7McDonald's Corporation1.6%
- 8Consolidated Edison Inc.1.6%
- 9Medtronic Plc1.6%
- 10NextEra Energy Inc.1.5%
SPPD holds 154 securities in total. These 10 are 18.5% of the fund.
Where the money is invested
Sectors
- Industrials19.8%
- Utilities14.8%
- Consumer Defensive14.3%
- Financial Services12.6%
- Healthcare7.7%
- Basic Materials7.5%
Countries
- United States98.6%
- United Kingdom0.9%
- Switzerland0.5%
How to invest in SPPD 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 EUR when you buy.
Step 3
Search SPPD and buy
Find the fund by its ticker, SPPD, on XETRA, and place your order.
Why invest in SPPD from India
What SPPD holds
This ETF is designed to mirror the performance of a specific segment of the U.S. stock market, namely, companies known for consistently paying substantial dividends.
Outside US estate tax
SPPD is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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.
Why SPPD's UCITS structure matters for Indian investors
SPPD is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy SPPD from India?
Yes. Indian residents can buy State Street SPDR S&P U.S. Dividend Aristocrats Hdg UCITS ETF (SPPD) through Paasa. It is listed on XETRA and trades in EUR. 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 SPPD invest in?
State Street SPDR S&P U.S. Dividend Aristocrats Hdg UCITS ETF holds 154 securities. Its largest holdings are Verizon Communications Inc. (2.8%), Realty Income Corporation (2.2%) and PepsiCo Inc. (2.1%). Industrials is its largest sector at 19.8%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of SPPD?
State Street SPDR S&P U.S. Dividend Aristocrats Hdg UCITS ETF has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about €48.1M.
Is SPPD a UCITS ETF, and why does that matter for Indian investors?
Yes. State Street SPDR S&P U.S. Dividend Aristocrats Hdg UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are SPPD dividends taxed in India?
State Street SPDR S&P U.S. Dividend Aristocrats Hdg UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. 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 SPPD?
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 EUR/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.