India-listed US ETFs are trading at steep premiums to their indicative NAVs, with some reaching 65%. The divergence appears driven by limited supply due to overseas investment caps, strong demand for US equities and changes in ETF circuit-limit calculations. Investors buying at elevated premiums risk losses if the gap narrows.

India's exchange-traded funds that mirror US equities experienced a surprising spike, with gains from six to thirty-seven percent over two days, despite Wall Street remaining…

India-listed US ETFs are trading at steep premiums to their indicative NAVs, with some reaching 65%. The divergence appears driven by limited supply due to overseas investment…