NYSE Arca · ETF
Invest in XPAY ETF from India
Indian and foreign residents can buy Roundhill Investments - S&P 500 Target 20 Managed Distribution ETF (XPAY) units directly through Paasa.
By Paasa · Updated
XPAY at a glance
- Price
- $52.45+$0.23 (0.44%)
- Expense ratio
- 0.49%
- Day range
- $52.15 – $52.51
- Assets
- $182.5M
- Domicile
- the US
- Holdings
- 6
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- -0.85%
- 6 months
- +8.12%
- YTD
- -3.48%
- 1 year
- -4.86%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1SPY 02/12/2027 33.47 C4SPY 270212C0003347013.6%
- 2SPY 07/16/2027 36.7 C4SPY 270716C0003670011.7%
- 3SPY 03/12/2027 33.67 C4SPY 270312C0003367011.4%
- 4SPY 04/16/2027 33.87 C4SPY 270416C0003387011.4%
- 5SPY 06/11/2027 37.11 C4SPY 270611C0003711010.0%
- 6SPY 01/15/2027 33.21 C4SPY 270115C000332106.9%
- 7SPY 12/11/2026 33.1 C4SPY 261211C000331006.3%
- 8SPY 09/10/2027 37.99 C4SPY 270910C000379905.5%
- 9SPY 05/14/2027 36.08 C4SPY 270514C000360805.5%
- 10First American Government Obligations Fund 12/01/2031FGXXX4.6%
XPAY holds 6 securities in total. These 10 are 87.0% of the fund.
Where the money is invested
Sectors
- Technology38.7%
- Financial Services12.1%
- Communication Services9.5%
- Consumer Cyclical9.3%
- Healthcare9.3%
- Industrials7.8%
Countries
- Other100.0%
How to invest in XPAY 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 XPAY and buy
Find the fund by its ticker, XPAY, 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 XPAY from India
What XPAY holds
The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an actively managed exchange-traded fund. It is structured to provide investors with monthly return of capital distributions, targeting an annualized rate of twenty percent, while simultaneously offering exposure to the S&P 500 index.
Hold a dollar asset
XPAY 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 XPAY 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 XPAY from India?
Yes. Indian residents can buy Roundhill Investments - S&P 500 Target 20 Managed Distribution ETF (XPAY) 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 XPAY invest in?
Roundhill Investments - S&P 500 Target 20 Managed Distribution ETF holds 6 securities. Its largest holdings are SPY 02/12/2027 33.47 C (13.6%), SPY 07/16/2027 36.7 C (11.7%) and SPY 03/12/2027 33.67 C (11.4%). Technology is its largest sector at 38.7%. It is a distributing fund domiciled in the US.
What is the expense ratio of XPAY?
Roundhill Investments - S&P 500 Target 20 Managed Distribution 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 $182.5M.
How are XPAY dividends taxed in India?
Roundhill Investments - S&P 500 Target 20 Managed Distribution 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 XPAY?
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 XPAY unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $52.45, and there is no minimum trade size.
What happens to my XPAY 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.