NYSE Arca · ETF
Invest in AMOM ETF from India
Indian and foreign residents can buy QRAFT AI-Enhanced U.S. Large Momentum ETF (AMOM) units directly through Paasa.
By Paasa · Updated
AMOM at a glance
- Price
- $61.33+$0.11 (0.17%)
- Expense ratio
- 0.75%
- Day range
- $61.33 – $61.70
- Assets
- $23.0M
- Domicile
- the US
- Holdings
- 50
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- +7.52%
- 6 months
- +26.64%
- YTD
- +24.73%
- 1 year
- +27.32%
- 5 years
- +68.63%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORPNVDA8.4%
- 2BROADCOM INCAVGO3.9%
- 3MICRON TECHNOLOGY INCMU3.3%
- 4PALANTIR TECHNOLOGIES INC. CLASS APLTR3.3%
- 5CISCO SYSTEMS INCCSCO3.2%
- 6ADVANCED MICRO DEVICESAMD3.2%
- 7CATERPILLAR INCCAT3.2%
- 8GENERAL ELECTRICGE2.9%
- 9PALO ALTO NETWORKS INC.PANW2.9%
- 10CROWDSTRIKE HOLDINGS INC - ACRWD2.8%
AMOM holds 50 securities in total. These 10 are 37.1% of the fund.
Where the money is invested
Sectors
- Technology56.8%
- Industrials14.8%
- Energy10.1%
- Basic Materials6.4%
- Healthcare6.1%
- Financial Services2.7%
Countries
- United States97.2%
- Singapore2.3%
- Other0.4%
How to invest in AMOM 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 AMOM and buy
Find the fund by its ticker, AMOM, 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 AMOM from India
What AMOM holds
Exchange Listed Funds Trust - QRAFT AI-Enhanced U.S. Large Cap Momentum ETF is an exchange traded fund launched and managed by Exchange Traded Concepts, LLC. The fund invests in public equity markets of the United States.
Dividends reinvested for you
Dividends from AMOM's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
AMOM 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 AMOM 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 AMOM from India?
Yes. Indian residents can buy QRAFT AI-Enhanced U.S. Large Momentum ETF (AMOM) 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 AMOM invest in?
QRAFT AI-Enhanced U.S. Large Momentum ETF holds 50 securities. Its largest holdings are NVIDIA CORP (8.4%), BROADCOM INC (3.9%) and MICRON TECHNOLOGY INC (3.3%). Technology is its largest sector at 56.8%. It is an accumulating fund domiciled in the US.
What is the expense ratio of AMOM?
QRAFT AI-Enhanced U.S. Large Momentum 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 $23.0M.
Does AMOM pay dividends?
No. QRAFT AI-Enhanced U.S. Large Momentum ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell AMOM?
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 AMOM unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $61.33, and there is no minimum trade size.
What happens to my AMOM 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.