NYSE Arca · ETF
Invest in XSLV ETF from India
Indian and foreign residents can buy Invesco S&P SmallCap Low Volatility ETF (XSLV) units directly through Paasa.
By Paasa · Updated
XSLV at a glance
- Price
- $50.06+$0.17 (0.34%)
- Expense ratio
- 0.25%
- Day range
- $49.75 – $50.11
- Assets
- $239.6M
- Domicile
- the US
- Holdings
- 118
- Launched
- 2013
- Dividends
- Distributing
- 1 month
- -5.69%
- 6 months
- +6.56%
- YTD
- +6.78%
- 1 year
- +8.00%
- 5 years
- +4.40%
Price change, excluding dividends.
Top 10 holdings
- 1Phillips Edison & Co IncPECO1.3%
- 2LTC Properties IncLTC1.3%
- 3InvenTrust Properties CorpIVT1.2%
- 4Ellington Financial IncEFC1.1%
- 5City Holding CoCHCO1.1%
- 6Westamerica BanCorpWABC1.1%
- 7Four Corners Property Trust IncFCPT1.1%
- 8Chesapeake Utilities CorpCPK1.0%
- 9Avista CorpAVA1.0%
- 10Broadstone Net Lease IncBNL1.0%
XSLV holds 118 securities in total. These 10 are 11.1% of the fund.
Where the money is invested
Sectors
- Financial Services45.7%
- Real Estate31.3%
- Utilities8.5%
- Industrials5.2%
- Consumer Defensive3.0%
- Basic Materials2.6%
Countries
- United States96.6%
- Puerto Rico1.6%
- Bermuda0.9%
- Other0.8%
How to invest in XSLV 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 XSLV and buy
Find the fund by its ticker, XSLV, 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 XSLV from India
What XSLV holds
The Invesco S&P SmallCap Low Volatility ETF (XSLV) is designed to mirror the performance of the S&P SmallCap 600 Low Volatility Index. This fund typically commits at least 90% of its total capital to the securities that comprise this benchmark index.
Hold a dollar asset
XSLV 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 XSLV 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 XSLV from India?
Yes. Indian residents can buy Invesco S&P SmallCap Low Volatility ETF (XSLV) 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 XSLV invest in?
Invesco S&P SmallCap Low Volatility ETF holds 118 securities. Its largest holdings are Phillips Edison & Co Inc (1.3%), LTC Properties Inc (1.3%) and InvenTrust Properties Corp (1.2%). Financial Services is its largest sector at 45.7%. It is a distributing fund domiciled in the US.
What is the expense ratio of XSLV?
Invesco S&P SmallCap Low Volatility ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about $239.6M.
How are XSLV dividends taxed in India?
Invesco S&P SmallCap Low Volatility 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 XSLV?
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 XSLV unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $50.06, and there is no minimum trade size.
What happens to my XSLV 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.