NASDAQ · ETF
Invest in XOVR ETF from India
Indian and foreign residents can buy ERShares Private-Public Crossover ETF (XOVR) units directly through Paasa.
By Paasa · Updated
XOVR at a glance
- Price
- $21.36+$0.05 (0.23%)
- Expense ratio
- 0.75%
- Day range
- $21.35 – $21.55
- Assets
- $1.5B
- Domicile
- the US
- Holdings
- 33
- Launched
- 2017
- Dividends
- —
- 1 month
- +3.19%
- 6 months
- +26.47%
- YTD
- +5.27%
- 1 year
- +1.14%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1SPV Exposure to SpaceX LP20.1%
- 2NVIDIA Corp.9.5%
- 3Alphabet Inc. Class A5.8%
- 4Meta Platforms Inc. Class A4.8%
- 5Veeva Systems Inc. Class A3.6%
- 6Robinhood Markets Inc. Class A3.5%
- 7Fortinet Inc.3.3%
- 8Natera Inc.3.0%
- 9Arista Networks Inc.2.9%
- 10DoorDash Inc. Class A2.8%
XOVR holds 33 securities in total. These 10 are 59.3% of the fund.
Where the money is invested
Sectors
- Technology36.9%
- Communication Services23.3%
- Healthcare22.0%
- Financial Services10.2%
- Consumer Cyclical6.1%
- Industrials1.5%
Countries
- United States77.4%
- Other22.6%
How to invest in XOVR 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 XOVR and buy
Find the fund by its ticker, XOVR, 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 XOVR from India
What XOVR holds
The ERShares Private-Public Crossover ETF (XOVR) offers a distinctive investment avenue, integrating cutting-edge public companies with a carefully selected segment of private enterprises. This unique fund is designed to provide everyday investors with direct exposure to privately held businesses—an asset class typically hard to access—all within a single, easily tradable ETF that offers daily liquidity.
Hold a dollar asset
XOVR 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 XOVR 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 XOVR from India?
Yes. Indian residents can buy ERShares Private-Public Crossover ETF (XOVR) 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 XOVR invest in?
ERShares Private-Public Crossover ETF holds 33 securities. Its largest holdings are SPV Exposure to SpaceX LP (20.1%), NVIDIA Corp. (9.5%) and Alphabet Inc. Class A (5.8%). Technology is its largest sector at 36.9%. The fund is domiciled in the US.
What is the expense ratio of XOVR?
ERShares Private-Public Crossover ETF has an expense ratio of 0.75% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.5B.
What tax do I pay in India when I sell XOVR?
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 XOVR unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $21.36, and there is no minimum trade size.
What happens to my XOVR 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.