Sophus Capital Emerging Market Small Cap ETF
Sophus Capital Emerging Market Small ETF (NASDAQ: EMSC) is an exchange-traded fund listed on NASDAQ, trading at $25.01 (about ₹2,399 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.85%. Indian residents can buy EMSC through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.94
Today's high
$25.01
52 week low
$23.38
52 week high
$27.39
EMSC opened at $24.96, closed previously at $25.01, and has traded between $23.38 and $27.39 over the past 52 weeks.
About
EMSC offers investors focused equity exposure to dynamic, smaller enterprises operating in developing economies, specifically targeting those believed to be undervalued or under-owned. Its investment methodology prioritizes companies demonstrating sustainable earnings expansion alongside attractive valuations. The fund manager strategically exploits market inefficiencies prevalent in small-cap emerging markets, often arising from investor biases, information asymmetries, and access limitations. The robust investment process combines a proprietary quantitative model, which systematically ranks approximately 4,500 small-cap firms based on earnings growth potential, valuation metrics, and earnings surprise likelihood, with in-depth fundamental analysis of top-ranked companies, including direct engagement with management. This approach delivers diversified investment exposure across various sectors and countries, along with access to specific local growth themes. As a very actively managed ETF, its portfolio can experience an annual turnover rate exceeding 100%.
Key statistics
Expense ratio
0.85%
Assets (AUM)
$6.0M
Holdings
—
NAV
$25.06
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 6 holdings
These 6 are 100.0% of the fund.
How to buy EMSC from India
Indian residents can buy EMSC 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 EMSC and buy
Find the fund by its ticker, EMSC, on NASDAQ, 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 EMSC from India
Trading and taxes when buying EMSC 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 EMSC price today?
Sophus Capital Emerging Market Small ETF (EMSC) last traded at $25.01 on NASDAQ, as of 25 Sep 2026, 4:00 PM ET. That is ₹2,399 a unit at the 25 Sep 2026 USD/INR rate.
When does EMSC trade, in Indian time?
NASDAQ 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 EMSC, and what does it cost to hold?
Sophus Capital Emerging Market Small ETF manages about $6.0M. Its expense ratio is 0.85% a year, deducted inside the fund. It launched in 2026.
What are EMSC's largest holdings?
The top three are First American Government Obligations Fund 12/01/2031 (159.8%), Yankey Engineering Co Ltd (0.9%) and NEW TAIWAN DOLLAR (0.6%). EMSC's 6 largest positions make up 100.0% of the fund.
Does EMSC pay dividends?
No. EMSC is an accumulating fund: dividends from its holdings are reinvested inside the fund, so nothing is paid out to you.
How are gains on EMSC 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 EMSC?
Yes. You can buy EMSC by amount rather than by whole unit, and there is no minimum trade size.