NYSE Arca · ETF
Invest in AVES ETF from India
Indian and foreign residents can buy Avantis Emerging Markets Value ETF (AVES) units directly through Paasa.
By Paasa · Updated
AVES at a glance
- Price
- $65.13-$0.41 (0.63%)
- Expense ratio
- 0.36%
- Day range
- $65.01 – $65.56
- Assets
- $1.6B
- Domicile
- the US
- Holdings
- 1,955
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- -2.09%
- 6 months
- +11.85%
- YTD
- +11.56%
- 1 year
- +13.53%
- 5 years
- +29.61%
Price change, excluding dividends.
Top 10 holdings
- 1ASE TECHNOLOGY HOLDING ADR ADR1.7%
- 2FUBON FINANCIAL HOLDING CO COMMON STOCK TWD10.01.3%
- 3LG ELECTRONICS INC COMMON STOCK KRW5000.01.2%
- 4HANA FINANCIAL GROUP COMMON STOCK KRW5000.01.2%
- 5INNOLUX CORP COMMON STOCK TWD10.01.2%
- 6SHINHAN FINANCIAL GROUP ADR ADR1.0%
- 7KB FINANCIAL GROUP INC ADR ADR0.9%
- 8CATHAY FINANCIAL HOLDING CO COMMON STOCK TWD10.00.9%
- 9WOORI FINANCIAL GROUP INC COMMON STOCK KRW5000.00.9%
- 10UNITED MICROELECTRONICS CORP COMMON STOCK TWD10.00.9%
AVES holds 1,955 securities in total. These 10 are 11.2% of the fund.
Where the money is invested
Sectors
- Financial Services27.2%
- Technology20.1%
- Industrials13.1%
- Consumer Cyclical10.1%
- Basic Materials8.4%
- Communication Services5.3%
Countries
- Taiwan28.3%
- South Korea20.5%
- China13.4%
- India11.9%
- Hong Kong4.7%
- Brazil4.0%
How to invest in AVES 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 AVES and buy
Find the fund by its ticker, AVES, 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 AVES from India
What AVES holds
This ETF is designed to invest in a wide array of companies, regardless of their size, across various emerging market countries. Its aim is to boost potential returns by strategically selecting businesses that appear undervalued while also demonstrating robust profitability.
Hold a dollar asset
AVES 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 AVES 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 AVES from India?
Yes. Indian residents can buy Avantis Emerging Markets Value ETF (AVES) 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 AVES invest in?
Avantis Emerging Markets Value ETF holds 1,955 securities. Its largest holdings are ASE TECHNOLOGY HOLDING ADR ADR (1.7%), FUBON FINANCIAL HOLDING CO COMMON STOCK TWD10.0 (1.3%) and LG ELECTRONICS INC COMMON STOCK KRW5000.0 (1.2%). Financial Services is its largest sector at 27.2%. It is a distributing fund domiciled in the US.
What is the expense ratio of AVES?
Avantis Emerging Markets Value ETF has an expense ratio of 0.36% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.6B.
How are AVES dividends taxed in India?
Avantis Emerging Markets Value ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell AVES?
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 AVES unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $65.13, and there is no minimum trade size.
What happens to my AVES 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.