Currently, there is no ETF / index fund that invests in the S&P 500 Index. However, if one wants to take exposure in stocks listed in the S&P 500 index, one can invest in ICICI Prudential US Bluechip Equity Fund. This is an international (thematic) category mutual fund scheme that invests in bluechip stock listed in the S&P 500 Index. In India, international funds are treated as debt funds for tenure and taxation purposes.
Currently, there is no ETF / index fund that invests in the S&P 500 Index. However, if one wants to take exposure in stocks listed in the S&P 500 index, one can invest in ICICI Prudential US Bluechip Equity Fund. This is an international (thematic) category mutual fund scheme that invests in bluechip stock listed in the S&P 500 Index. In India, international funds are treated as debt funds for tenure and taxation purposes.