XETRA · UCITS ETF
Invest in ZPRS ETF from India
Indian and foreign residents can buy State Street SPDR MSCI World Small UCITS ETF (ZPRS) units directly through Paasa.
By Paasa · Updated
ZPRS at a glance
- Price
- €126.48-€0.46 (0.36%)
- Expense ratio
- 0.45%
- Day range
- €125.90 – €127.28
- Assets
- €1.8B
- Domicile
- Ireland
- Holdings
- 3,685
- Launched
- 2013
- Dividends
- Accumulating
- 1 month
- -1.62%
- 6 months
- +10.75%
- YTD
- +14.77%
- 1 year
- +18.67%
- 5 years
- +41.81%
Price change, excluding dividends.
Top 10 holdings
- 11RTY DEC260.7%
- 2Moderna Inc.0.6%
- 3Tenet Healthcare Corporation0.2%
- 4U.S. Dollar0.2%
- 5Viatris Inc.0.2%
- 6Guardant Health Inc.0.2%
- 7Royal Gold Inc.0.2%
- 8Roku Inc. Class A0.2%
- 9Woodward Inc.0.2%
- 10US Foods Holding Corp.0.2%
ZPRS holds 3,685 securities in total. These 10 are 2.9% of the fund.
Where the money is invested
Sectors
- Industrials18.5%
- Technology15.0%
- Financial Services13.9%
- Healthcare11.4%
- Consumer Cyclical10.7%
- Basic Materials7.8%
Countries
- United States58.9%
- Japan12.6%
- Canada4.4%
- United Kingdom4.0%
- Australia3.7%
- Sweden1.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| WDSCLSEState Street SPDR MSCI World Small Cap UCITS ETF (Acc) | 0.45% | 2.0B |
| WOSCLSEState Street SPDR MSCI World Small Cap UCITS ETF (Acc) | 0.45% | 1.5B |
Assets are shown in each fund's own reporting currency.
How to invest in ZPRS 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 ZPRS and buy
Find the fund by its ticker, ZPRS, on XETRA, and place your order.
Why invest in ZPRS from India
What ZPRS holds
This fund's primary aim is to replicate the performance of shares issued by smaller companies located in developed economies worldwide.
Outside US estate tax
ZPRS 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 ZPRS' 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 ZPRS' UCITS structure matters for Indian investors
ZPRS 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 ZPRS from India?
Yes. Indian residents can buy State Street SPDR MSCI World Small UCITS ETF (ZPRS) 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 ZPRS invest in?
State Street SPDR MSCI World Small UCITS ETF holds 3,685 securities. Its largest holdings are 1RTY DEC26 (0.7%), Moderna Inc. (0.6%) and Tenet Healthcare Corporation (0.2%). Industrials is its largest sector at 18.5%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of ZPRS?
State Street SPDR MSCI World Small UCITS ETF has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.8B.
Is ZPRS a UCITS ETF, and why does that matter for Indian investors?
Yes. State Street SPDR MSCI World Small 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 ZPRS pay dividends?
No. State Street SPDR MSCI World Small 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 ZPRS?
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.