NYSE Arca · ETF
Invest in VSLU ETF from India
Indian and foreign residents can buy Applied Finance Valuation Large ETF (VSLU) units directly through Paasa.
By Paasa · Updated
VSLU at a glance
- Price
- $48.84-$0.02 (0.03%)
- Expense ratio
- 0.49%
- Day range
- $48.61 – $48.93
- Assets
- $570.6M
- Domicile
- the US
- Holdings
- —
- Launched
- 2021
- Dividends
- Accumulating
- 1 month
- -0.54%
- 6 months
- +19.69%
- YTD
- +10.54%
- 1 year
- +15.20%
- 5 years
- +87.39%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORPNVDA10.8%
- 2APPLE INCAAPL10.3%
- 3MICROSOFT CORPMSFT7.8%
- 4ALPHABET INC-CL AGOOGL6.8%
- 5META PLATFORMS INCMETA5.1%
- 6ELI LILLY & COLLY3.5%
- 7VISA INC-CLASS A SHARESV3.0%
- 8Broadcom Inc.AVGO2.5%
- 9MASTERCARD INC - AMA2.2%
- 10MERCK & CO. INC.MRK1.4%
These 10 are 53.4% of the fund.
Where the money is invested
Sectors
- Technology38.8%
- Healthcare12.7%
- Communication Services12.3%
- Consumer Cyclical10.3%
- Financial Services9.8%
- Industrials6.7%
Countries
- United States96.8%
- Ireland1.4%
- Other1.2%
- Switzerland0.3%
- United Kingdom0.1%
- Bermuda0.1%
How to invest in VSLU 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 VSLU and buy
Find the fund by its ticker, VSLU, 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 VSLU from India
What VSLU holds
The Applied Finance Valuation Large Cap ETF primarily allocates its assets, typically committing at least 80% of its net worth, to equity holdings of large-capitalization companies. For the purpose of this fund, the investment adviser defines large-cap firms as those possessing a market capitalization of $5 billion or greater, determined at the exact point of purchase.
Dividends reinvested for you
Dividends from VSLU'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
VSLU 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 VSLU 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 VSLU from India?
Yes. Indian residents can buy Applied Finance Valuation Large ETF (VSLU) 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 VSLU invest in?
Its largest holdings are NVIDIA CORP (10.8%), APPLE INC (10.3%) and MICROSOFT CORP (7.8%). Technology is its largest sector at 38.8%. It is an accumulating fund domiciled in the US.
What is the expense ratio of VSLU?
Applied Finance Valuation Large ETF has an expense ratio of 0.49% a year, taken from the fund's assets rather than billed to you. The fund manages about $570.6M.
Does VSLU pay dividends?
No. Applied Finance Valuation Large 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 VSLU?
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 VSLU unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $48.84, and there is no minimum trade size.
What happens to my VSLU 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.