NYSE Arca · ETF
Invest in AIS ETF from India
Indian and foreign residents can buy VistaShares Artificial Intelligence Supercycle ETF (AIS) units directly through Paasa.
By Paasa · Updated
AIS at a glance
- Price
- $75.22+$0.94 (1.27%)
- Expense ratio
- 0.75%
- Day range
- $74.68 – $75.86
- Assets
- $1.0B
- Domicile
- the US
- Holdings
- 63
- Launched
- 2024
- Dividends
- —
- 1 month
- +10.91%
- 6 months
- +81.78%
- YTD
- +97.07%
- 1 year
- +115.28%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1SK hynix Inc7.7%
- 2Micron Technology Inc7.3%
- 3Advanced Micro Devices Inc5.8%
- 4Semtech Corp4.4%
- 5MARVELL TECHNOLOGY INC4.2%
- 6Taiwan Semiconductor Manufacturing Co Ltd3.7%
- 7Intel Corp3.4%
- 8Vertiv Holdings Co3.1%
- 9Silicon Motion Technology Corp2.8%
- 10GE Vernova Inc2.6%
AIS holds 63 securities in total. These 10 are 44.9% of the fund.
Where the money is invested
Sectors
- Technology88.6%
- Industrials7.8%
- Consumer Defensive0.3%
Countries
- United States51.9%
- Korea (the Republic of)11.6%
- Taiwan (Province of China)11.3%
- China4.8%
- Hong Kong2.8%
- Singapore2.5%
How to invest in AIS 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 AIS and buy
Find the fund by its ticker, AIS, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in AIS from India
What AIS holds
This actively managed exchange-traded fund (ETF) is designed to achieve its investment objective by strategically allocating capital to a diversified portfolio of artificial intelligence (AI) companies across the globe. The sub-adviser's strategy is to manage the fund's assets in pursuit of returns that mirror those of the BITA VistaShares Artificial Intelligence Supercycle Index.
Hold a dollar asset
AIS 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 AIS 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 AIS from India?
Yes. Indian residents can buy VistaShares Artificial Intelligence Supercycle ETF (AIS) through Paasa. It is listed on NYSE Arca 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 AIS invest in?
VistaShares Artificial Intelligence Supercycle ETF holds 63 securities. Its largest holdings are SK hynix Inc (7.7%), Micron Technology Inc (7.3%) and Advanced Micro Devices Inc (5.8%). Technology is its largest sector at 88.6%. The fund is domiciled in the US.
What is the expense ratio of AIS?
VistaShares Artificial Intelligence Supercycle 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 $1.0B.
What tax do I pay in India when I sell AIS?
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 AIS unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $75.22, and there is no minimum trade size.
What happens to my AIS 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.