NASDAQ · ETF
Invest in AVGB ETF from India
Indian and foreign residents can buy Avantis Credit ETF (AVGB) units directly through Paasa.
By Paasa · Updated
AVGB at a glance
- Price
- $49.62+$0.04 (0.09%)
- Expense ratio
- 0.19%
- Day range
- $49.58 – $49.66
- Assets
- $64.4M
- Domicile
- the US
- Holdings
- 164
- Launched
- 2025
- Dividends
- Distributing
- 1 month
- -2.55%
- 6 months
- -1.74%
- YTD
- -2.46%
- 1 year
- -3.33%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1SVENSKA HANDELSBANKEN AB REGS 04/33 3.51.4%
- 2ROYAL BANK OF CANADA SR UNSECURED 02/34 5.151.2%
- 3TREASURY BILL 10/26 0.000001.2%
- 4TREASURY BILL 10/26 0.000001.2%
- 5TREASURY BILL 11/26 0.000001.2%
- 6TREASURY BILL 12/26 0.000001.2%
- 7DHL AG SR UNSECURED REGS 12/28 1.6251.0%
- 8CAPITAL ONE FINANCIAL CO SR UNSECURED 07/30 VAR1.0%
- 9NATIONAL RURAL UTIL COOP SR UNSECURED 08/28 4.151.0%
- 10NESTLE HOLDINGS INC COMPANY GUAR 144A 09/28 3.6251.0%
AVGB holds 164 securities in total. These 10 are 11.3% of the fund.
Where the money is invested
Countries
- United States67.1%
- Other17.2%
- France5.9%
- Canada5.3%
- Germany2.8%
- Italy0.9%
How to invest in AVGB 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 AVGB and buy
Find the fund by its ticker, AVGB, 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 AVGB from India
What AVGB holds
The Avantis Credit ETF primarily targets high-quality, investment-grade debt securities sourced from a diverse array of both domestic and international issuers. This fund seeks to combine the traditional benefits of passive indexing—such as broad diversification, lower portfolio turnover, transparency, and tax efficiency—with a strategic, active management approach that leverages insights from current market prices to potentially enhance returns.
Hold a dollar asset
AVGB 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 AVGB 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 AVGB from India?
Yes. Indian residents can buy Avantis Credit ETF (AVGB) 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 AVGB invest in?
Avantis Credit ETF holds 164 securities. Its largest holdings are SVENSKA HANDELSBANKEN AB REGS 04/33 3.5 (1.4%), ROYAL BANK OF CANADA SR UNSECURED 02/34 5.15 (1.2%) and TREASURY BILL 10/26 0.00000 (1.2%). It is a distributing fund domiciled in the US.
What is the expense ratio of AVGB?
Avantis Credit ETF has an expense ratio of 0.19% a year, taken from the fund's assets rather than billed to you. The fund manages about $64.4M.
How are AVGB dividends taxed in India?
Avantis Credit ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. 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 AVGB?
The US does not levy capital gains tax on shares for Indian residents. Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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 AVGB unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $49.62, and there is no minimum trade size.
What happens to my AVGB 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.