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London Stock Exchange ETF segment · UCITS ETF

Invest in SPXE ETF from India

Indian and foreign residents can buy Invesco S&P 500 Scored & Screened UCITS ETF (SPXE) units directly through Paasa.

By Paasa · Updated

SPXE at a glance

Price
$107.66+$0.06 (0.06%)
Expense ratio
0.09%
Day range
$107.66 – $108.06
Assets
$4.3B
Domicile
Ireland
Holdings
—
Launched
2020
Dividends
—
1 month
-1.71%
6 months
+20.32%
YTD
+12.01%
1 year
+18.45%
5 years
+93.51%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1NVIDIA ORD12.9%
  2. 2MICROSOFT ORD8.8%
  3. 3ALPHABET CL A ORD4.8%
  4. 4ALPHABET CL C ORD3.8%
  5. 5MICRON TECHNOLOGY ORD2.6%
  6. 6ELI LILLY ORD2.2%
  7. 7VISA CL A ORD1.5%
  8. 8WALMART ORD1.2%
  9. 9INTEL ORD1.2%
  10. 10CISCO SYSTEMS ORD1.1%

These 10 are 39.9% of the fund.

Where the money is invested

Sectors

  • Technology37.8%
  • Financial Services13.2%
  • Healthcare11.7%
  • Communication Services11.1%
  • Industrials8.0%
  • Consumer Defensive4.9%

Countries

  • United States96.8%
  • Ireland1.9%
  • United Kingdom0.7%
  • Switzerland0.4%
  • Netherlands0.1%
  • Bermuda0.1%

Similar funds

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SNPEAMEXXtrackers S&P 500 Scored & Screened ETF0.1%2.8B
CBUMXETRAiShares S&P 500 Scored and Screened UCITS ETF0.1%406.2M
S5SDLSEUBS S&P 500 Scored & Screened UCITS ETF USD0.1%325.9B
ESPXAMSiShares S&P 500 Scored and Screened UCITS ETF0.07%500.8M
5ESEXETRAInvesco S&P 500 Scored & Screened UCITS ETF0.09%3.8B

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

How to invest in SPXE 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 SPXE and buy

    Find the fund by its ticker, SPXE, on the London Stock Exchange ETF segment, and place your order.

Why invest in SPXE from India

What SPXE holds

The Invesco S&P 500 Scored & Screened UCITS ETF Acc aims to replicate the net total return of its benchmark, the S&P 500 Scored & Screened Index, after accounting for expenses. This benchmark is constructed with a market-capitalization weighting and is designed to track firms that meet specific sustainability benchmarks.

Outside US estate tax

SPXE is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.

Hold a dollar asset

SPXE 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.

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 SPXE's UCITS structure matters for Indian investors

SPXE 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.

See UCITS options

Frequently asked questions

Can I buy SPXE from India?

Yes. Indian residents can buy Invesco S&P 500 Scored & Screened UCITS ETF (SPXE) through Paasa. It is listed on the London Stock Exchange ETF segment 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 SPXE invest in?

Its largest holdings are NVIDIA ORD (12.9%), MICROSOFT ORD (8.8%) and ALPHABET CL A ORD (4.8%). Technology is its largest sector at 37.8%. The fund is domiciled in Ireland.

What is the expense ratio of SPXE?

Invesco S&P 500 Scored & Screened UCITS ETF has an expense ratio of 0.09% a year, taken from the fund's assets rather than billed to you. The fund manages about $4.3B.

Is SPXE a UCITS ETF, and why does that matter for Indian investors?

Yes. Invesco S&P 500 Scored & Screened 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.

What tax do I pay in India when I sell SPXE?

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.

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