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PLUS Korea Manufacturing Core Alliance Index ETF

$20.06Last updated
+$0.20 (0.98%)Past day
Timezone

PLUS Korea Manufacturing Core Alliance Index ETF (AMEX: KMCA) is an exchange-traded fund listed on NYSE Arca, trading at $20.06 (about ₹1,927 a unit) as of 29 Sep 2026, 3:59 PM ET. It has an expense ratio of 0.65% and holds 35 securities. Indian residents can buy KMCA through Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$20.06
Previous close:$19.86
Volume:215.00

Today's low

$20.06

Today's high

$20.06

52 week low

$14.45

52 week high

$24.45

KMCA opened at $20.06, closed previously at $19.86, and has traded between $14.45 and $24.45 over the past 52 weeks.

About

This passively managed exchange-traded fund provides targeted investment exposure to the robust manufacturing ecosystem of South Korea. Its underlying index is composed of approximately 35 specialized companies operating across six key sectors: AI semiconductors, advanced rechargeable batteries, shipbuilding, defense technology, electrical grid infrastructure and nuclear energy, and robotics including humanoids. To be included, firms must satisfy minimum thresholds for size and liquidity, and also rank within the top 200 by market capitalization. Moreover, index constituents are primarily businesses that generate over 50% of their revenue from their specific manufacturing segment. An AI-driven large language model analyzes corporate filings, earnings statements, presentations, and other public information to accurately assess a company's relevance to its respective sector. The portfolio's allocation strategy emphasizes industrial concentration, assigning 40% to AI semiconductors and an equal 12% to each of the remaining five sectors. Within each sector, individual companies are weighted based on a combination of their market capitalization and an industry relevance score. The index undergoes rebalancing and reconstitution every quarter.

Issuer
PLUS
Exchange listed on
AMEX
Asset class
Equity
Base currency
USD
Domicile
United States
Dividends
—
Launched
2026
ISIN
US30151E4420

Key statistics

Expense ratio

0.65%

Assets (AUM)

$5.8M

Holdings

35

NAV

$20.05

Avg. volume

—

1-year price change

—

5-year price change

—

Price change excludes dividends.

Top 10 holdings

1. SAMSUNG ELECTRONICS CO LTD
7.1%
2. ISUPETASYS CO LTD
6.0%
3. SK HYNIX INC
5.3%
4. SAMSUNG SDI CO LTD
4.9%
5. HANWHA AEROSPACE CO LTD
4.7%
6. SAMSUNG ELECTRO-MECHANICS CO
4.6%
7. DOOSAN ENERBILITY
4.3%
8. HPSP CO LTD
3.8%
9. LG ENERGY SOLUTION
3.5%
10. JUSUNG ENGINEERING CO LTD
3.5%

KMCA holds 35 securities in total. These 10 are 47.6% of the fund.

Where the money is invested

Countries

Korea (the Republic of)
76.9%
Other
23.1%

How to buy KMCA from India

Indian residents can buy KMCA 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.

  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.

  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.

  3. Search KMCA and buy

    Find the fund by its ticker, KMCA, 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 KMCA from India

Trading and taxes when buying KMCA 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
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 KMCA price today?

PLUS Korea Manufacturing Core Alliance Index ETF (KMCA) last traded at $20.06 on NYSE Arca, as of 29 Sep 2026, 3:59 PM ET. That is ₹1,927 a unit at the 29 Sep 2026 USD/INR rate.

When does KMCA 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 KMCA, and what does it cost to hold?

PLUS Korea Manufacturing Core Alliance Index ETF manages about $5.8M. Its expense ratio is 0.65% a year, deducted inside the fund. It launched in 2026.

What are KMCA's largest holdings?

The top three are SAMSUNG ELECTRONICS CO LTD (7.1%), ISUPETASYS CO LTD (6.0%) and SK HYNIX INC (5.3%). KMCA's 10 largest positions make up 47.6% of the fund.

How are gains on KMCA 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 KMCA?

Yes. You can buy KMCA by amount rather than by whole unit, and there is no minimum trade size.