NYSE Arca · ETF
Invest in TLTE ETF from India
Indian and foreign residents can buy Northern Trust Morningstar Emerging Markets Factor Tilt ETF (TLTE) units directly through Paasa.
By Paasa · Updated
TLTE at a glance
- Price
- $76.04-$0.60 (0.78%)
- Expense ratio
- 0.58%
- Day range
- $76.01 – $76.41
- Assets
- $350.5M
- Domicile
- the US
- Holdings
- 3,037
- Launched
- 2012
- Dividends
- Distributing
- 1 month
- -1.41%
- 6 months
- +15.28%
- YTD
- +18.78%
- 1 year
- +21.04%
- 5 years
- +25.40%
Price change, excluding dividends.
Top 10 holdings
- 1TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD COMMON6.8%
- 2SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW 1005.9%
- 3SK HYNIX INC COMMON STOCK KRW 50004.6%
- 4MSCI EMGMKT EQUITY INDEX 18/DEC/2026 MESZ6 INDEX1.8%
- 5CASH1.6%
- 6TENCENT HOLDINGS LTD COMMON STOCK HKD 0.000021.2%
- 7ALIBABA GROUP HOLDING LTD COMMON STOCK HKD0.9%
- 8MEDIATEK INC COMMON STOCK TWD 100.9%
- 9CHINA CONSTRUCTION BANK CORP COMMON STOCK HKD 10.8%
- 10SAMSUNG ELECTRONICS CO LTD PREFERENCE KRW 1000.8%
TLTE holds 3,037 securities in total. These 10 are 25.3% of the fund.
Where the money is invested
Sectors
- Technology31.4%
- Financial Services20.0%
- Industrials10.3%
- Consumer Cyclical10.2%
- Basic Materials7.5%
- Communication Services4.3%
Countries
- Taiwan24.6%
- South Korea23.1%
- China14.7%
- India9.8%
- Brazil5.1%
- South Africa4.0%
How to invest in TLTE 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 TLTE and buy
Find the fund by its ticker, TLTE, 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 TLTE from India
What TLTE holds
This fund is designed for investors aiming to build a central portfolio component that emphasizes the potential superior returns offered by small-capitalization and value companies within emerging markets. Its objective is to closely track the price and income performance, prior to deductions for fees and expenses, of the Morningstar Emerging Markets Factor Tilt Index, which serves as its underlying benchmark.
Hold a dollar asset
TLTE 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 TLTE 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 TLTE from India?
Yes. Indian residents can buy Northern Trust Morningstar Emerging Markets Factor Tilt ETF (TLTE) 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 TLTE invest in?
Northern Trust Morningstar Emerging Markets Factor Tilt ETF holds 3,037 securities. Its largest holdings are TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD COMMON (6.8%), SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW 100 (5.9%) and SK HYNIX INC COMMON STOCK KRW 5000 (4.6%). Technology is its largest sector at 31.4%. It is a distributing fund domiciled in the US.
What is the expense ratio of TLTE?
Northern Trust Morningstar Emerging Markets Factor Tilt ETF has an expense ratio of 0.58% a year, taken from the fund's assets rather than billed to you. The fund manages about $350.5M.
How are TLTE dividends taxed in India?
Northern Trust Morningstar Emerging Markets Factor Tilt 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 TLTE?
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 TLTE unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $76.04, and there is no minimum trade size.
What happens to my TLTE 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.