NYSE Arca · ETF
Invest in AVMV ETF from India
Indian and foreign residents can buy Avantis U.S. Mid Value ETF (AVMV) units directly through Paasa.
By Paasa · Updated
AVMV at a glance
- Price
- $76.71-$0.36 (0.46%)
- Expense ratio
- 0.2%
- Day range
- $76.63 – $77.34
- Assets
- $766.6M
- Domicile
- the US
- Holdings
- 299
- Launched
- 2023
- Dividends
- Accumulating
- 1 month
- -5.87%
- 6 months
- +4.89%
- YTD
- +6.80%
- 1 year
- +11.25%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1DEVON ENERGY CORP COMMON STOCK USD.11.6%
- 2DELTA AIR LINES INC COMMON STOCK USD.00011.4%
- 3FLEX LTD COMMON STOCK1.2%
- 4FASTENAL CO COMMON STOCK USD.011.2%
- 5UNITED AIRLINES HOLDINGS INC COMMON STOCK USD.011.2%
- 6AMERIPRISE FINANCIAL INC COMMON STOCK USD.011.2%
- 7STATE STREET CORP COMMON STOCK USD1.01.2%
- 8CHIPOTLE MEXICAN GRILL INC COMMON STOCK USD.011.1%
- 9CENTENE CORP COMMON STOCK USD.0011.1%
- 10NUCOR CORP COMMON STOCK USD.41.1%
AVMV holds 299 securities in total. These 10 are 12.3% of the fund.
Where the money is invested
Sectors
- Financial Services24.0%
- Consumer Cyclical17.0%
- Industrials16.4%
- Energy13.1%
- Consumer Defensive8.2%
- Technology7.8%
Countries
- United States94.8%
- Bermuda2.3%
- Ireland1.2%
- United Kingdom0.6%
- Canada0.3%
- Puerto Rico0.3%
How to invest in AVMV 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 AVMV and buy
Find the fund by its ticker, AVMV, 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 AVMV from India
What AVMV holds
Targeting a broad universe of U.S. mid-capitalization companies, this fund is structured to boost expected returns by concentrating on firms with low valuations and strong profitability metrics. It offers the typical advantages of passive indexing, such as extensive diversification, minimal portfolio churn, and clear exposure transparency.
Dividends reinvested for you
Dividends from AVMV'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
AVMV 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 AVMV 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 AVMV from India?
Yes. Indian residents can buy Avantis U.S. Mid Value ETF (AVMV) 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 AVMV invest in?
Avantis U.S. Mid Value ETF holds 299 securities. Its largest holdings are DEVON ENERGY CORP COMMON STOCK USD.1 (1.6%), DELTA AIR LINES INC COMMON STOCK USD.0001 (1.4%) and FLEX LTD COMMON STOCK (1.2%). Financial Services is its largest sector at 24.0%. It is an accumulating fund domiciled in the US.
What is the expense ratio of AVMV?
Avantis U.S. Mid Value ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about $766.6M.
Does AVMV pay dividends?
No. Avantis U.S. Mid Value 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 AVMV?
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 AVMV unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $76.71, and there is no minimum trade size.
What happens to my AVMV 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.