NASDAQ · ETF
Invest in AIFD ETF from India
Indian and foreign residents can buy TCW Artificial Intelligence ETF (AIFD) units directly through Paasa.
By Paasa · Updated
AIFD at a glance
- Price
- $54.04+$0.43 (0.80%)
- Expense ratio
- 0.75%
- Day range
- $54.00 – $54.43
- Assets
- $142.4M
- Domicile
- the US
- Holdings
- 34
- Launched
- 2017
- Dividends
- —
- 1 month
- +4.89%
- 6 months
- +43.72%
- YTD
- +42.62%
- 1 year
- +53.13%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORPNVDA6.9%
- 2MICRON TECHNOLOGY INCMU6.6%
- 3ARISTA NETWORKS INCANET6.1%
- 4PALO ALTO NETWORKS INCPANW5.6%
- 5MARVELL TECHNOLOGY INCMRVL5.3%
- 6LUMENTUM HOLDINGS INCLITE5.1%
- 7BROADCOM INCAVGO4.8%
- 8ALPHABET INC-CL AGOOGL4.7%
- 9DIGITALOCEAN HOLDINGS INCDOCN4.1%
- 10AMAZON.COM INCAMZN3.5%
AIFD holds 34 securities in total. These 10 are 52.7% of the fund.
Where the money is invested
Sectors
- Technology74.0%
- Communication Services10.7%
- Industrials9.5%
- Consumer Cyclical5.7%
Countries
- United States83.6%
- Netherlands4.6%
- Taiwan (Province of China)3.4%
- Ireland2.5%
- Sweden2.1%
- Other2.0%
How to invest in AIFD 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.
Step 3
Search AIFD and buy
Find the fund by its ticker, AIFD, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in AIFD from India
What AIFD holds
This actively managed fund is primarily focused on achieving substantial long-term capital appreciation for its investors. AIFD strategically allocates its investments across a variety of sectors, targeting companies that are at the forefront of developing and bringing to market innovative artificial intelligence technologies.
Hold a dollar asset
AIFD is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one AIFD unit. There is no minimum trade size.
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.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy AIFD from India?
Yes. Indian residents can buy TCW Artificial Intelligence ETF (AIFD) through Paasa. It is listed on NASDAQ and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does AIFD invest in?
TCW Artificial Intelligence ETF holds 34 securities. Its largest holdings are NVIDIA CORP (6.9%), MICRON TECHNOLOGY INC (6.6%) and ARISTA NETWORKS INC (6.1%). Technology is its largest sector at 74.0%. The fund is domiciled in the US.
What is the expense ratio of AIFD?
TCW Artificial Intelligence ETF has an expense ratio of 0.75% a year, taken from the fund's assets rather than billed to you. The fund manages about $142.4M.
What tax do I pay in India when I sell AIFD?
The US does not levy capital gains tax on shares for Indian residents. 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 USD/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.
Can I buy a fraction of one AIFD unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $54.04, and there is no minimum trade size.
What happens to my AIFD units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.