Singapore Exchange · ETF
Invest in A93 ETF from India
Indian and foreign residents can buy Amova MSCI AC Asia ex Japan ex China Index ETF (A93) units directly through Paasa.
By Paasa · Updated
A93 at a glance
- Price
- S$1.60+S$0.04 (2.76%)
- Expense ratio
- —
- Day range
- S$1.57 – S$1.61
- Assets
- —
- Domicile
- Singapore
- Holdings
- —
- Launched
- —
- Dividends
- —
- 1 month
- -8.40%
- 6 months
- -6.26%
- YTD
- +27.22%
- 1 year
- +27.22%
- 5 years
- —
Price change, excluding dividends.
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| A94SESAmova MSCI AC Asia ex Japan ex China Index ETF | — | — |
Assets are shown in each fund's own reporting currency.
How to invest in A93 from India
Step 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.
Step 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, and Interactive Brokers converts the dollars to SGD when you buy.
Step 3
Search A93 and buy
Find the fund by its ticker, A93, on the Singapore Exchange, and place your order.
Why invest in A93 from India
What A93 holds
To track as closely as possible, before fees and expenses, the returns of the MSCI AC Asia ex Japan ex China Index (the Index). The MSCI AC Asia ex Japan ex China Index aims to track the performance of large and mid-cap companies across Developed Markets countries (ex Japan) and Emerging Markets countries (ex China) in Asia.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy A93 from India?
Yes. Indian residents can buy Amova MSCI AC Asia ex Japan ex China Index ETF (A93) through Paasa. It is listed on the Singapore Exchange and trades in SGD. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell A93?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the SGD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.