NYSE Arca · ETF
Invest in AVMA ETF from India
Indian and foreign residents can buy Avantis Moderate Allocation ETF (AVMA) units directly through Paasa.
By Paasa · Updated
AVMA at a glance
- Price
- $71.70-$0.23 (0.32%)
- Expense ratio
- 0.21%
- Day range
- $71.70 – $72.09
- Assets
- $90.2M
- Domicile
- the US
- Holdings
- 13,289
- Launched
- 2023
- Dividends
- Distributing
- 1 month
- -2.92%
- 6 months
- +8.75%
- YTD
- +7.61%
- 1 year
- +10.19%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1AVANTIS US EQUITY ETF AVANTIS U.S. EQUITY ETF29.0%
- 2AVANTIS CORE FIXED INCOME ETF AVANTIS CORE FIXED INCOME17.7%
- 3AVANTIS US LARGE CAP VALUE ETF AVANTIS US LARGE CAP VALUE10.1%
- 4AVANTIS CREDIT ETF AVANTIS CREDIT ETF7.9%
- 5AVANTIS SHORT TERM FIXED INCOM AVANTIS SHORT TERM FIXED INC7.9%
- 6AVANTIS INTERNATIONAL EQUITY E AVANTIS INTERNATIONAL EQUITY6.9%
- 7AVANTIS EMERGING MARKETS EQUIT AVANTIS EMERGING MARKETS EQ4.5%
- 8AVANTIS INTERNATIONAL LARGE CA AVANTIS INTL LRG CAP VAL ETF3.6%
- 9AVANTIS US SMALL CAP EQUITY ET AVANTIS US SMALL CAP EQUITY2.3%
- 10AVANTIS U.S. SMALL CAP VALUE E AVANTIS US SMALL CAP VALUE2.3%
AVMA holds 13,289 securities in total. These 10 are 92.3% of the fund.
Where the money is invested
Sectors
- Financial Services20.2%
- Technology20.1%
- Industrials12.8%
- Consumer Cyclical11.5%
- Energy8.6%
- Healthcare6.4%
Countries
- United States99.9%
- Other0.1%
How to invest in AVMA 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 AVMA and buy
Find the fund by its ticker, AVMA, 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 AVMA from India
What AVMA holds
The Avantis Moderate Allocation ETF 9 utilizes a strategic investment approach to provide extensive market exposure, with a particular focus on assets anticipated to deliver superior returns. It achieves this by investing in a range of other Avantis exchange-traded funds (ETFs) across both equity and fixed income markets.
Hold a dollar asset
AVMA 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 AVMA 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 AVMA from India?
Yes. Indian residents can buy Avantis Moderate Allocation ETF (AVMA) 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 AVMA invest in?
Avantis Moderate Allocation ETF holds 13,289 securities. Its largest holdings are AVANTIS US EQUITY ETF AVANTIS U.S. EQUITY ETF (29.0%), AVANTIS CORE FIXED INCOME ETF AVANTIS CORE FIXED INCOME (17.7%) and AVANTIS US LARGE CAP VALUE ETF AVANTIS US LARGE CAP VALUE (10.1%). Financial Services is its largest sector at 20.2%. It is a distributing fund domiciled in the US.
What is the expense ratio of AVMA?
Avantis Moderate Allocation ETF has an expense ratio of 0.21% a year, taken from the fund's assets rather than billed to you. The fund manages about $90.2M.
How are AVMA dividends taxed in India?
Avantis Moderate Allocation 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 AVMA?
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 AVMA unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $71.70, and there is no minimum trade size.
What happens to my AVMA 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.