London Stock Exchange ETF segment · UCITS ETF
Invest in AVGS ETF from India
Indian and foreign residents can buy Avantis Global Small Value UCITS ETF (AVGS) units directly through Paasa.
By Paasa · Updated
AVGS at a glance
- Price
- $28.58+$0.15 (0.51%)
- Expense ratio
- 0.39%
- Day range
- $28.50 – $28.68
- Assets
- $1.5B
- Domicile
- Ireland
- Holdings
- 1,812
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- -3.07%
- 6 months
- +11.49%
- YTD
- +19.16%
- 1 year
- +25.83%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1CHORD ENERGY CORP COMMON STOCKCHRD0.6%
- 2MATSON INC COMMON STOCKMATX0.6%
- 3LEAR CORP COMMON STOCK USD.01LEA0.6%
- 4MACY S INC COMMON STOCK USD.01M0.6%
- 5CROCS INC COMMON STOCK USD.001CROX0.6%
- 6ABERCROMBIE + FITCH CO CL A COMMON STOCK USD.01ANF0.6%
- 7LYFT INC A COMMON STOCK USD.00001LYFT0.6%
- 8WEATHERFORD INTERNATIONAL PL COMMON STOCK USD.001WFRD0.6%
- 9SM ENERGY CO COMMON STOCK USD.01SM0.5%
- 10MATADOR RESOURCES CO COMMON STOCK USD.01MTDR0.5%
AVGS holds 1,812 securities in total. These 10 are 5.8% of the fund.
Where the money is invested
Sectors
- Financial Services23.6%
- Consumer Cyclical19.7%
- Energy13.8%
- Industrials13.7%
- Basic Materials10.4%
- Technology6.3%
Countries
- United States63.2%
- Japan10.9%
- United Kingdom3.8%
- Canada3.3%
- Australia3.0%
- Bermuda2.9%
How to invest in AVGS 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 AVGS and buy
Find the fund by its ticker, AVGS, on the London Stock Exchange ETF segment, and place your order.
Why invest in AVGS from India
What AVGS holds
The Fund's primary goal is to achieve substantial capital growth over the long term. It accomplishes this by investing in a dynamically managed collection of stocks and other share-linked assets.
Outside US estate tax
AVGS is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from AVGS' 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
AVGS 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.
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.
Why AVGS' UCITS structure matters for Indian investors
AVGS is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy AVGS from India?
Yes. Indian residents can buy Avantis Global Small Value UCITS ETF (AVGS) through Paasa. It is listed on the London Stock Exchange ETF segment 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 AVGS invest in?
Avantis Global Small Value UCITS ETF holds 1,812 securities. Its largest holdings are CHORD ENERGY CORP COMMON STOCK (0.6%), MATSON INC COMMON STOCK (0.6%) and LEAR CORP COMMON STOCK USD.01 (0.6%). Financial Services is its largest sector at 23.6%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of AVGS?
Avantis Global Small Value UCITS ETF has an expense ratio of 0.39% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.5B.
Is AVGS a UCITS ETF, and why does that matter for Indian investors?
Yes. Avantis Global Small Value UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Does AVGS pay dividends?
No. Avantis Global Small Value UCITS 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 AVGS?
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.