Avantis U.S. Mid Cap Equity ETF
Avantis U.S. Mid Equity ETF (AMEX: AVMC) is an exchange-traded fund listed on NYSE Arca, trading at $76.82 (about ₹7,379 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.18% and holds 613 securities. Indian residents can buy AVMC through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$76.42
Today's high
$77.15
52 week low
$66.64
52 week high
$82.60
AVMC opened at $76.88, closed previously at $76.89, and has traded between $66.64 and $82.60 over the past 52 weeks.
About
This exchange-traded fund primarily invests in a wide range of U.S. companies with medium market capitalizations. It aims to maximize potential returns by emphasizing securities that are undervalued and exhibit superior profitability. The fund blends the advantages of passive investing, such as broad diversification, low portfolio turnover, transparency, and tax efficiency, with active management that leverages real-time market pricing to enhance value. Its efficient investment management and trading strategies are designed to optimize investor returns while carefully mitigating unnecessary risks and costs.
Key statistics
Expense ratio
0.18%
Assets (AUM)
$491.9M
Holdings
613
NAV
$76.87
Avg. volume
—
1-year price change
+10.66%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
AVMC holds 613 securities in total. These 10 are 6.3% of the fund.
Where the money is invested
Sectors
Countries
How to buy AVMC from India
Indian residents can buy AVMC units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
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.
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.
Search AVMC and buy
Find the fund by its ticker, AVMC, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in AVMC from India
Trading and taxes when buying AVMC from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the AVMC price today?
Avantis U.S. Mid Equity ETF (AVMC) last traded at $76.82 on NYSE Arca, as of 29 Sep 2026, 4:00 PM ET. That is ₹7,379 a unit at the 29 Sep 2026 USD/INR rate.
When does AVMC trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is AVMC, and what does it cost to hold?
Avantis U.S. Mid Equity ETF manages about $491.9M. Its expense ratio is 0.18% a year, deducted inside the fund. It launched in 2023.
What are AVMC's largest holdings?
The top three are WESTERN DIGITAL CORP COMMON STOCK USD.01 (0.8%), MODERNA INC COMMON STOCK USD.0001 (0.8%) and DEVON ENERGY CORP COMMON STOCK USD.1 (0.7%). AVMC's 10 largest positions make up 6.3% of the fund.
Does AVMC pay dividends?
No. AVMC is an accumulating fund: dividends from its holdings are reinvested inside the fund, so nothing is paid out to you.
How are gains on AVMC taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of AVMC?
Yes. You can buy AVMC by amount rather than by whole unit, and there is no minimum trade size.
How has AVMC performed?
AVMC's price is up 10.7% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.