NASDAQ · ETF
Invest in VRIG ETF from India
Indian and foreign residents can buy Invesco Variable Rate Investment Grade ETF (VRIG) units directly through Paasa.
By Paasa · Updated
VRIG at a glance
- Price
- $25.03+$0.00 (0.00%)
- Expense ratio
- 0.3%
- Day range
- $25.00 – $25.03
- Assets
- $1.8B
- Domicile
- the US
- Holdings
- 362
- Launched
- 2016
- Dividends
- Distributing
- 1 month
- -0.04%
- 6 months
- +0.00%
- YTD
- -0.28%
- 1 year
- -0.20%
- 5 years
- -0.36%
Price change, excluding dividends.
Top 10 holdings
- 1United States Treasury Floating Rate Note 4.16% 04/30/20287.4%
- 2United States Treasury Floating Rate Note 4.25% 10/31/20273.8%
- 3United States Treasury Floating Rate Note 4.22% 07/31/20272.2%
- 4United States Treasury Floating Rate Note 4.11% 07/31/20282.1%
- 5Invesco Government & Agency PortfolioAGPXX2.0%
- 6United States Treasury Note/Bond 4.13% 08/31/20281.8%
- 7United States Treasury Floating Rate Note 4.16% 01/31/20280.9%
- 8Connecticut Avenue Securities Trust 2022-R06 7.54% 05/25/20420.9%
- 9Citigroup Inc 5.25% 05/07/20310.8%
- 10Freddie Mac STACR REMIC Trust 2022-DNA2 7.44% 02/25/20420.8%
VRIG holds 362 securities in total. These 10 are 22.6% of the fund.
Where the money is invested
Sectors
- Financial Services2.0%
Countries
- Other52.5%
- United States36.3%
- United Kingdom3.6%
- France2.2%
- Japan2.2%
- Canada0.9%
How to invest in VRIG 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 VRIG and buy
Find the fund by its ticker, VRIG, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in VRIG from India
What VRIG holds
The Invesco Variable Rate Investment Grade ETF (VRIG) is an actively managed exchange-traded fund (ETF) primarily designed to generate current income and maintain a low portfolio duration, with capital appreciation serving as a secondary objective. Typically, under normal market conditions, the Fund allocates at least 80% of its net assets, including any borrowed capital, to U.S.-issued, U.S. dollar-denominated, variable rate instruments of investment-grade quality.
Hold a dollar asset
VRIG 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 VRIG 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 VRIG from India?
Yes. Indian residents can buy Invesco Variable Rate Investment Grade ETF (VRIG) through Paasa. It is listed on NASDAQ 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 VRIG invest in?
Invesco Variable Rate Investment Grade ETF holds 362 securities. Its largest holdings are United States Treasury Floating Rate Note 4.16% 04/30/2028 (7.4%), United States Treasury Floating Rate Note 4.25% 10/31/2027 (3.8%) and United States Treasury Floating Rate Note 4.22% 07/31/2027 (2.2%). Financial Services is its largest sector at 2.0%. It is a distributing fund domiciled in the US.
What is the expense ratio of VRIG?
Invesco Variable Rate Investment Grade ETF has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.8B.
How are VRIG dividends taxed in India?
Invesco Variable Rate Investment Grade 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 VRIG?
The US does not levy capital gains tax on shares for Indian residents. Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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 VRIG unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $25.03, and there is no minimum trade size.
What happens to my VRIG 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.