XETRA · UCITS ETF
Invest in ZPDT ETF from India
Indian and foreign residents can buy State Street SPDR S&P U.S. Technology Select Sector UCITS ETF (ZPDT) units directly through Paasa.
By Paasa · Updated
ZPDT at a glance
- Price
- €174.68+€0.62 (0.36%)
- Expense ratio
- 0.15%
- Day range
- €174.08 – €175.40
- Assets
- €2.0B
- Domicile
- Ireland
- Holdings
- 74
- Launched
- 2015
- Dividends
- Accumulating
- 1 month
- +8.56%
- 6 months
- +43.70%
- YTD
- +33.00%
- 1 year
- +35.60%
- 5 years
- +160.91%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA Corporation21.0%
- 2Apple Inc.18.5%
- 3Microsoft Corporation14.5%
- 4Broadcom Inc.6.3%
- 5Micron Technology Inc.4.6%
- 6Advanced Micro Devices Inc.3.8%
- 7Intel Corporation2.3%
- 8Palantir Technologies Inc. Class A1.6%
- 9Cisco Systems Inc.1.6%
- 10Lam Research Corporation1.6%
ZPDT holds 74 securities in total. These 10 are 75.7% of the fund.
Where the money is invested
Countries
- United States98.2%
- Singapore0.8%
- Ireland0.7%
- Netherlands0.2%
- Other0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SXLKLSEState Street SPDR S&P U.S. Technology Select Sector UCITS ETF (Acc) | 0.15% | 2.3B |
Assets are shown in each fund's own reporting currency.
How to invest in ZPDT 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, and Interactive Brokers converts the dollars to EUR when you buy.
Step 3
Search ZPDT and buy
Find the fund by its ticker, ZPDT, on XETRA, and place your order.
Why invest in ZPDT from India
What ZPDT holds
The Fund's goal is to mirror the returns of major American technology corporations that are constituents of the S&P 500 Index.
Outside US estate tax
ZPDT is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from ZPDT's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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.
Why ZPDT's UCITS structure matters for Indian investors
ZPDT is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy ZPDT from India?
Yes. Indian residents can buy State Street SPDR S&P U.S. Technology Select Sector UCITS ETF (ZPDT) through Paasa. It is listed on XETRA and trades in EUR. 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 ZPDT invest in?
State Street SPDR S&P U.S. Technology Select Sector UCITS ETF holds 74 securities. Its largest holdings are NVIDIA Corporation (21.0%), Apple Inc. (18.5%) and Microsoft Corporation (14.5%). It is an accumulating fund domiciled in Ireland.
What is the expense ratio of ZPDT?
State Street SPDR S&P U.S. Technology Select Sector UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about €2.0B.
Is ZPDT a UCITS ETF, and why does that matter for Indian investors?
Yes. State Street SPDR S&P U.S. Technology Select Sector UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Does ZPDT pay dividends?
No. State Street SPDR S&P U.S. Technology Select Sector UCITS 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 ZPDT?
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 EUR/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.