NYSE Arca · ETF
Invest in VOE ETF from India
Indian and foreign residents can buy Vanguard Morningstar Mid- Value ETF (VOE) units directly through Paasa.
By Paasa · Updated
VOE at a glance
- Price
- $196.99-$0.55 (0.28%)
- Expense ratio
- 0.05%
- Day range
- $195.97 – $197.61
- Assets
- $39.0B
- Domicile
- the US
- Holdings
- 186
- Launched
- 2006
- Dividends
- Accumulating
- 1 month
- -5.19%
- 6 months
- +8.25%
- YTD
- +10.15%
- 1 year
- +13.19%
- 5 years
- +41.10%
Price change, excluding dividends.
Top 10 holdings
- 1Marathon Petroleum Corp1.8%
- 2Valero Energy Corp1.8%
- 3Phillips 661.6%
- 4SLB Ltd1.5%
- 5Cummins Inc1.3%
- 6General Motors Co1.3%
- 7Target Corp1.2%
- 8Hewlett Packard Enterprise Co1.2%
- 9Warner Bros Discovery Inc1.1%
- 10Arthur J Gallagher & Co1.1%
VOE holds 186 securities in total. These 10 are 13.9% of the fund.
Where the money is invested
Sectors
- Financial Services18.9%
- Energy14.1%
- Industrials13.3%
- Utilities11.2%
- Technology8.3%
- Healthcare7.8%
Countries
- United States95.2%
- Ireland3.3%
- Bermuda0.5%
- United Kingdom0.5%
- Other0.3%
- Netherlands0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IMCVNASDAQiShares Morningstar Mid-Cap Value ETF | 0.06% | 1.1B |
Assets are shown in each fund's own reporting currency.
How to invest in VOE 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 VOE and buy
Find the fund by its ticker, VOE, 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 VOE from India
What VOE holds
The Fund seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks. The Fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Value Index by investing all of its assets in the stocks that make up the Index.
Dividends reinvested for you
Dividends from VOE's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
VOE 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 VOE 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 VOE from India?
Yes. Indian residents can buy Vanguard Morningstar Mid- Value ETF (VOE) 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 VOE invest in?
Vanguard Morningstar Mid- Value ETF holds 186 securities. Its largest holdings are Marathon Petroleum Corp (1.8%), Valero Energy Corp (1.8%) and Phillips 66 (1.6%). Financial Services is its largest sector at 18.9%. It is an accumulating fund domiciled in the US.
What is the expense ratio of VOE?
Vanguard Morningstar Mid- Value ETF has an expense ratio of 0.05% a year, taken from the fund's assets rather than billed to you. The fund manages about $39.0B.
Does VOE pay dividends?
No. Vanguard Morningstar Mid- Value ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell VOE?
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 VOE unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $196.99, and there is no minimum trade size.
What happens to my VOE 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.